Key Points:Unciphered is a cybersecurity company that revealed how to hack a well known hardware cryptocurrency wallet made of OneKey.
Unciphered demonstrated in a YouTube video what is known as a man-in-the middle attack on the wallet. It was successful in obtaining the private keys, also known by the mnemonic seed phrases, from the OneKey Mini hardware wallet using a flaw.
OneKey quickly resolved the issue after being notified.
Unciphered, a cybersecurity startup, demonstrated a hack on a well-known hardware crypto wallet made by OneKey, a Hong Kong company that raised $20 million last fiscal year.
Unciphered stated that the FPGA is a high-speed processor also known by the field programmable gate array. It allows us to iterate through various algorithms, bypass the wallet security, and extract the mnemonics.
After being contacted, OneKey quickly fixed the vulnerability. After being contacted, OneKey quickly fixed the vulnerability. Flaremetrics asked OracleSwap delegates to withdraw access and switch to different FTSO operators after the company’s code was made open-source. Delegates on OracleSwap have been asked by Flaremetrics to withdraw access and switch to different FTSO operators.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuHaroldCoincu NewsTags: CRyptOneKeyOracleSwapprivate keysUnciphered