SECURITY BREAKING NEWS! 🚨 Ledger 🔐, the KING of hardware wallets, PRESENTS "TRANSACTION CHECK"! ✅ An "ANTIVIRUS" for your CRYPTO transactions! 🛡️ AIMS TO AVOID HUMAN ERRORS 🤦♂️ and MILLION-DOLLAR HACKS 💸 like the BYBIT incident! 😱
Charles Guillemet 👨💻, CTO of Ledger, ANNOUNCED it on X 🐦. This TOOL MITIGATES RISKS when SIGNING TRANSACTIONS! ✍️ A VULNERABLE point exploited by HACKERS like the LAZARUS GROUP! 😈 Who STOLEN 1.5 BILLION DOLLARS in ETH! 🤯
HOW DOES IT WORK? 🤔 COMBINES PREVIOUS SIMULATIONS 🧪 and CRYPTOGRAPHIC VERIFICATIONS 🔒 to ALERT about POSSIBLE THREATS ⚠️ before CONFIRMING! 👍
BUT BEWARE! 👀 ONLY for EVM NETWORKS ⚙️ (Ethereum, BNB Chain, Polygon) and ONLY on TWO WALLETS: FLEX and STAX! 📱📱
WHY IS IT IMPORTANT? 🤔 The GREATEST RISK arises when MAKING TRANSACTIONS! 💸 HACKERS take advantage of HUMAN ERRORS 😵💫 and the BLIND SIGNING of FRAUDULENT operations! 😈
"TRANSACTION CHECK" EVALUATES transactions BEFORE signing them. 🧐 Ledger Live sends the operation to SIMULATORS 🧪 that look for THREATS! 🕵️♂️ The DEVICE CRYPTOGRAPHICALLY VERIFIES the RESULTS! 🔒
Guillemet makes it CLEAR 🗣️: "WE cannot ELIMINATE HUMAN ERROR, but we can DESIGN SOLUTIONS! 💡" Helps make INFORMED DECISIONS 🧠 based on CONCRETE RESULTS! ✅
SIMULATE the transaction! 🧪 IDENTIFY RISKS! ⚠️ SHOW the results in the DEVICE's SECURE INTERFACE! 🛡️ WARN if what you are about to SIGN is DANGEROUS! 🚨
COMPLEMENTED with "CLEAR SIGNING" 👀 (clear signature) to UNDERSTAND the CONTENT of transactions! 🤝 TOGETHER, INTEGRAL PROTECTION! 💪
DO YOU REMEMBER the BYBIT HACK? 😭 Lazarus ACCESSED a SAFE employee's computer 💻, INJECTED MALICIOUS code 🦠 and STOLEN 1.5 BILLION DOLLARS! 🤯 Maybe "Transaction Check" would have ALERTED the executives! 🔔
This TOOL is KEY in an environment where BLIND TRUST can be VERY COSTLY! 💸💸
