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Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

Bitcoinist
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Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

TL;DR Trezor expands wallet maximum passphrase length from 50 to 128 characters. The update follows July’s Coldcard vulnerability, which exposed weaknesses in recovery phrase generation and contributed to more than $100 million in reported losses. Strong, unique passphrases helped protect some users whose wallet backups were compromised. The new limit requires updated Trezor Suite software […]

Key Takeaways

  1. TL;DR Trezor expands wallet maximum passphrase length from 50 to 128 characters.
  2. The update follows July’s Coldcard vulnerability, which exposed weaknesses in recovery phrase generation and contributed to more than $100 million in reported losses.
  3. Strong, unique passphrases helped protect some users whose wallet backups were compromised.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.