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Evaluating the Security Risks of the Recent Ledger 2.2.1 Update - Is Ledger.com No Longer Safe? The Ledger Cloud Issue

[image] We write this with utmost urgency to alert you about an important security update concerning Ledger devices, a popular hardware wallet used to store cryptocurrencies. Ledger has recently rolled out a new update (version 2.2.1) that introduces a cloud feature, which, upon opting in, will allow your seed phrase to be stored in the cloud. While this may provide convenience for some users, it may also significantly impact the security of your cryptocurrency holdings. Traditionally, the va…

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