Search results for Seed Phrase
Crypto
Apple reverses termination of bitcoin wallet developer account as fake app row persists
Apple has reversed its decision to terminate the developer account of Craig Raw, the developer of the bitcoin wallet Sparrow Wallet, after his appeal was accepted. The dispute began after Apple notified Raw it would end his account by the end of the month, citing “dishonest activity,” which he said was an error. The case has highlighted ongoing concerns about fake Sparrow Wallet apps on the App Store that steal seed phrases and crypto assets.
Crypto
China court rules bitcoin is property; man gets 11 years for stealing 107 BTC
A Chinese court has sentenced a man to prison for stealing more than 100 bitcoin using a wallet seed phrase, recognising bitcoin as property protected under criminal law. The Qingdao Licang District People’s Court sentenced the man to 10 years and 9 months in prison and fined him 100,000 yuan after finding he accessed a victim’s wallet and transferred 107 BTC. The court also accepted that he cashed out part of the bitcoin for more than $97,000.
Crypto
Hardware flaw found in Trezor\'s latest crypto wallet chip cannot be fixed by software update
A hardware-level vulnerability has been found in a security chip used in crypto hardware wallet maker Trezor\'s latest product, Trezor Safe 7. The company said users\' funds and private keys are not affected and that the practical difficulty of an attack is very high. The issue was identified during an independent security audit by Ledger\'s Donjon research team. Already sold devices cannot be fixed with firmware updates, and Tropic Square is producing a revised chip.
