Articles
Crypto Market Analysis

MediaTek patches bug enabling crypto seed theft in just 45 seconds

User Image

Door Anoniem

Gemaakt March 12, 2026|2 minuten leestijd
Main Image

Ledger’s white-hat security team said it found a flaw in MediaTek's secure boot chain that can be used to steal sensitive information from certain Android devices.

Mobile phone chipmaker MediaTek patched a vulnerability affecting its chipsets in January that could have allowed an attacker to steal crypto seed phrases on affected devices using just a USB cable and the right software. 

The flaw was discovered by Ledger’s white-hat security team, Donjon, who had shared the vulnerability with MediaTek before a patch was rolled out on Jan. 5, though users who have not installed the latest security patches are advised to do so, said Ledger. 

According to Ledger, the flaw came from MediaTek’s secure boot chain, a security mechanism built into its chips that ensures a phone starts safely and only with authorized software during startup. 

In a statement shared with Cointelegraph, Ledger explained that the flaw meant an attacker with access to an Android phone could connect it to a computer via USB and bypass security protections, potentially gaining access to sensitive data on the device, including crypto wallet seed phrases. 

Around 25% of Android phones use the Trustonic Trusted Execution Environment (TEE) and MediaTek processors, which the security flaw exploits.

Donjon demonstrated the hack by connecting a Nothing CMF Phone 1 to a laptop and compromising the device’s security in approximately 45 seconds. 

“Without ever even booting into Android, the exploit automatically recovered the phone’s PIN, decrypted its storage, and extracted the seed phrases from the most popular software wallets: Trust Wallet, Base, Kraken Wallet, Rabby, Tangem’s Mobile Wallet and Phantom,” Ledger said.

While Ledger urged users to update their devices, a Ledger spokesperson told Cointelegraph they “don’t anticipate this to be an ongoing issue.” 

With almost 36 million people managing digital assets on their phones as of early 2025, even a single vulnerability could put a significant number of wallets at risk.

In December 2025, Ledger revealed that it tested an attack on the MediaTek Dimensity 7300 (MT6878), and bypassed its security measures to gain “full and absolute control over the smartphone, with no security barrier left standing.”

Ledger chief technology officer Charles Guillemet told Cointelegraph in June 2020 that mobile phones, whether Android or iPhone, are “very difficult to have secure applications.”

Related: SlowMist introduces Web3 security stack for autonomous AI agents

He reinforced a similar view on Wednesday, posting on X:  “Smartphones aren’t built for security. Even when powered off, user data - including pins & seeds - can be extracted in under a minute.” 

“This research highlights a fundamental architectural difference: General-purpose chips are built for convenience. Secure Elements are built for key protection. A dedicated Secure Element isolates secrets from the rest of the system, protecting them even under physical attack,” he said.

Magazine: All 21 million Bitcoin is at risk from quantum computers

Source: CoinTelegraph


Andere artikelen die recentelijk zijn gepubliceerd

BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000
BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000

Bitcoin

US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1.9 billion, surpassing the...

Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount
Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount

DeFi

Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users ...

Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain

Ethereum

The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth o...

OKX accelerates US push with BitGo off-exchange settlement
OKX accelerates US push with BitGo off-exchange settlement

Crypto Market Analysis

OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements ...

FTX estate misses out on $3B Cursor stake value after $200K sale in 2023
FTX estate misses out on $3B Cursor stake value after $200K sale in 2023

Crypto Market Analysis

The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuatio...

Spain seizes crypto cold wallets in illegal manga piracy raid
Spain seizes crypto cold wallets in illegal manga piracy raid

Crypto Market Analysis

Spanish police seized crypto cold wallets tied to an alleged illegal manga site, as questions remain...