ZachXBT Calls Hardware Wallets “Complete Garbage,” Labels Ledger the ‘Worst’ Crypto Wallet
Blockchain researcher ZachXBT criticizes hardware wallets, labeling them "complete garbage" and specifically targeting Ledger as the worst, arguing their frequent software updates increase security risks rather than enhancing safety. He points to major hacks, like a fake Ledger app stealing $9.5 million and a social engineering attack costing over $282 million, as evidence that threats often target user behavior, not the hardware itself. As an alternative for experienced users, ZachXBT suggests using a dedicated, factory-reset iPhone for crypto storage, citing Apple's Secure Enclave and app sandboxing. However, he acknowledges that smartphones, as online devices, cannot match the isolation of traditional cold wallets.
TheNewsCrypto07/16 09:03
