Crypto NewsNewsBeware: Data Leak Alert in the Most Commonly Used Wallet Among Cryptocurrency...

Beware: Data Leak Alert in the Most Commonly Used Wallet Among Cryptocurrency Users

Information has been released regarding a data leak at one of the most widely used cold wallet providers in the cryptocurrency world.

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Cryptocurrency hardware wallet manufacturer Ledger is back in the spotlight due to a security breach involving payment infrastructure provider Global-e.

ZachXBT, an analyst known for its on-chain research, announced that some Ledger customers’ personal data was accessed without authorization as a result of unusual activity detected in Global-e systems.

According to information shared by ZachXBT, the data breach exposed personal information such as customers’ names and contact details. Following the incident, Global-e informed its customers in an email that they had detected suspicious activity on a section of their network and had quickly intervened to secure the system.

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The company also stated that it is conducting a comprehensive investigation with independent forensic experts to clarify the causes and scope of the incident. Initial investigations have confirmed that some personal data was accessed improperly.

This development has raised concerns within the crypto community, given Ledger’s past involvement in similar data breaches. The company is known for producing some of the world’s most widely used cold wallet hardware.

*This is not investment advice.

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