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09 July 2020

Crypto Wallet Providers Ledger and Trezor Dismiss Claims of Database Hack

Crypto Wallet Providers Ledger and Trezor Dismiss Claims of Database Hack


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Crypto Wallet Providers Ledger and Trezor Dismiss Claims of Database Hack.

Ledger and Trezor, two of the world’s leading cold wallet providers, on May 24, 2020, dismissed rumors of a Shopify database exploit and claims that hackers are auctioning customer personal details on the dark web. .

Hardware wallets  – like those issued by Trezor and Ledger – are not connected to the Internet, and are, therefore “cold.” Ordinarily, users prefer them to “hot” wallets because of their perceived security.

The rumor first appeared after Under The Breach, a monitoring portal,  posted several screen-grabs alleging that a hacker (or a group) was auctioning and selling Ledger and Trezor databases after successfully exploiting and breaching Shopify.

On their end, Trezor said their e-shop does not use Shopify

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