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Keystone to Destroy 18,835 Hardware Wallets After Hackers Steal Device Verification Key
Keystone disclosed that an attacker accessed its website and obtained the device verification key used by its hardware wallets to authenticate genuineness. An unauthorized party possessing this key could manufacture counterfeit devices that would pass Keystone's online verification checks, potentially deceiving buyers into trusting fraudulent wallets. The company announced plans to destroy 18,835 hardware wallets in response.
Why it matters: Keystone hardware wallet owners and buyers face risk of counterfeit devices that appear legitimate, potentially leading to theft of stored cryptocurrency; verify device authenticity directly with Keystone before use.
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- First seen by Cybersecurity Tracker