Vulnerability In All Ledger Hardware Wallets

 Ledger wallet has found a vulnerability which affects all of its devices and can lead to users losing their funds.

When a users generate an address to receive bitcoins  a “man in the middle” attack can be performed . If the users computer has been infected by malware, the “man in the middle ” attack can secretly replace the code responsible for generating the address, which causes all bitcoins to be sent to the hackers address.

You can protect yourself by clicking the monitor button which is on the left hand side of the Receive Bitcoins menu and confirming the address on the hardware wallet’s display every time you generate a new receiving address ,by doing this users can ensure that the new  address has not been compromised.

 

Paul

 

 

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