Security· ★★· bearish·

Dormant 4-year-old address drained of 59 ETH worth $146,800

  • —59 ETH worth roughly $146,800 were stolen
  • —The address had been dormant for four years
  • —The 59 ETH were moved to a Ledger wallet a month before the theft
  • —The cause and the route of the outflow remain unknown
Why it matters: The incident adds to concerns over hardware wallet security amid a string of thefts affecting Ledger users.
Source: TokenPost