Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining.
Category: Recovery Seed
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Ledger CEO says crypto key recovery service makes self-custody easier
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.
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Ledger co-founder clarifies “there is no backdoor” in Recover firmware update
Ledger Recover is an OTA firmware update, which would allow users to back up their seed phrases by third-party entities only if a user chooses to opt-in to the new service.
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Bitcoin advocate cracks known 12-word seed phrase in minutes
If the words of a 12-word seed phrase are known, it’s deceptively easy to enter the wallet and sweep the funds.
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How to keep your crypto safe in 2023: a few tips from an analyst
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps.
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What is a seed phrase and why is it important?
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up.
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