Blockchain investigator ZachXBT suggests airgapped iPhones offer better security than hardware wallets after Ledger suffers another data breach through payment processor Global-e, compromising customer information.
The cryptocurrency security landscape just shifted dramatically. Following another data breach at Ledger through payment processor Global-e, blockchain investigator ZachXBT suggests a controversial solution that's rattling the hardware wallet industry.
According to ZachXBT on X, it's "legit safer to use an old airgapped iPhone than trust all of the hardware wallet companies." This stark warning comes as Ledger customers received breach notifications revealing compromised personal information including names, phone numbers, and shipping addresses.
The timing couldn't be worse for hardware wallet manufacturers. ZachXBT reported that Global-e, Ledger's payment partner, detected unusual cloud system activity leading to unauthorized access of customer data. The company immediately retained forensic experts, but the damage was already done.
Must Read: Crypto Hacks Collapse 85% in October: Is Security Turning a Corner?
History Repeats: The 2020 Ledger Nightmare Returns
This isn't Ledger's first rodeo with data breaches. Param_eth noted on X that similar incidents in 2020 led to "heavy phishing & scam calls" targeting affected users. The payment processor vulnerability exposes a critical weakness in the hardware wallet ecosystem—third-party dependencies.
While Ledger's hardware and application remain secure, the peripheral infrastructure continues to fail users. Names, contact details, email addresses, and shipping information now float in potentially malicious hands. The breach affects only payment data, but that's cold comfort for customers facing targeted scam attempts.
You Might Also Like: Trust Wallet Browser Extension Breach Hits Hundreds — Funds Declared SAFU
The airgapped iPhone solution presents an intriguing alternative. By completely isolating the device from network connectivity, users eliminate the third-party risk that plagues hardware wallet companies. No payment processors, no shipping addresses, no contact information stored on vulnerable cloud systems.
Related: Yearn Finance Loses $9M in Infinite Mint Attack
The Trust Equation Shifts
Hardware wallet manufacturers built their reputation on security promises. Yet repeated breaches through payment partners and data handlers erode that foundation. The Global-e incident marks another chapter in a troubling pattern where the weakest link isn't the crypto technology itself, but the traditional business infrastructure surrounding it.
"Global-e recently identified unusual activity on a portion of our network. Immediately after we became aware of the unusual activity in our cloud systems we took action to contain and ultimately secure our systems."
The breach notification language reveals how quickly security incidents unfold in cloud environments. Despite rapid containment efforts, customer data was already compromised. This vulnerability doesn't exist with properly configured airgapped devices operating without any network connectivity.
Essential Reading: Canadian Scammer Blows $2M+ on Bottle Service
ZachXBT's recommendation reflects growing frustration with hardware wallet companies' inability to secure their complete operational chain. While the devices themselves may be cryptographically sound, the ecosystem supporting them continues to leak sensitive customer information that enables targeted attacks.
For cryptocurrency holders prioritizing maximum security, the message is clear: sometimes older, simpler solutions beat sophisticated systems compromised by weak operational partners. An airgapped iPhone might lack the polish of dedicated hardware wallets, but it eliminates the third-party risks that keep materializing in breach after breach.
** Key Takeaways:**
- Ledger suffered another data breach via payment processor Global-e leaking customer contact information
- ZachXBT recommends airgapped iPhones as safer alternatives to hardware wallet company dependencies
- The breach mirrors 2020 incidents that led to targeted phishing campaigns against Ledger customers
Stay updated on the latest cryptocurrency news on our homepage.
Explore more in Latest News Category.
Related reading:
Key Topics
Crypto New Live
admin@cryptonewslive.org
iPhone Beats Hardware Wallets After Ledger Breach
ZachXBT claims airgapped iPhones are safer than hardware wallets following Ledger's latest data breach through payment processor Global-e affecting customer da