Ledger published an update yesterday (2.2.1) that allows cloud recovery. This includes Ledger sending out your seed phrases to different companies. While users can obviously opt out, many are worried for a potentional backdoor or vulnerability.
Seen this all over Twitter so thought I would share it here.
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Ghost
May 16, 2023, 1:41pm
3
They do anything except ship out my Ledger Stax device
Ledger leaked everything from their customers names to their phone numbers online. I trust them as much as I trust a Nigerian prince in my inbox.
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So you trust them as much as @McEvans ?
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What would you recommend ?
@Forest
Everyone on twitter was talking about Trezor in fact trezor was trending @Hooper
Fuâ'ck it
I ordered ledger before 1 month and I do not even got it, now I need to buy Trezor
Trezor is not a good alternative, do a little bit more research to understand whyâŚ
I am still looking for the best âcold walletâ, so far found a couple but they only support bitcoin.
If anybody has one they trust, please inform us.
SWAPD
May 17, 2023, 9:23pm
10
So thatâs why I am seeing these âhelp my coins are vanishingâ TrustPilot reviews on the Ledger profile:
I was going to make an article about this last night but forgot.
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I didnât even mention that their Recover service will require KYC. I think the chance of any actual harm is close to none but people are just freaking out and are angry as this update goes against what they thought Ledger cold wallets stood for.
Also saw this on Twitter, not really a technical type so canât confirm or deny:
SWAPD
May 17, 2023, 9:46pm
14
I guess our 5x Free Trezors Meme Contest giveaway is more sexy now?
[Untitled design (11)]
Greetings, SWAPD Community!
We are excited to announce our latest event: SWAPDâs Meme Contest! As a platform that values humor and creativity, we want to see your best, most hilarious, and original memes related to our beloved SWAPD universe.
To sweeten the deal, weâre giving away five Trezor Model One hardware wallets to the creators of the top five memes! Yes! Weâve partnered up with Trezor and we have five of these bad boys to give away The prizes wilâŚ
Their whole support team must have been hired on FiverrâŚ
Also one of their older tweets saying the exact opposite:
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Best
May 18, 2023, 12:08am
16
what sucks I donât understand screenshot