As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets. Stepan Uherik, the chief financial officer of SatoshiLabs, the firm behind the Trezor hardware wallet, is confident that it’s highly unlikely that governments around the world could one day ban the use of noncustodial wallets. “It’s very improbable that all the countries would ban noncustodial wallets, or any other aspect of Bitcoin’s peer-to-peer network for that matter,” the chief financial officer told Cointelegraph. Uherik said that potential efforts to ban noncustodial wallets …

A Shift Crypto employee successfully deployed a ransom attack on Trezor and KeepKey hardware wallets last May. While Trezor released a fix on September 2, KeepKey has yet to fix the issue. According to a blog post published on September 2, the vulnerability affected all cryptocurrencies on affected devices. The exploit, which was first spotted on April 15 by developers Shift Crypto, also affected KeepKey wallets — which were originally based on a fork of Trezor’s code and likely operate on similar foundations. When asked about the vulnerability, a KeepKey representative apparently commented that a fix had not yet been …

The hacker claiming to be selling user databases from top hardware wallet manufacturers Ledger, Trezor, and KeepKey appears to actually be peddling bunk, according to SatoshiLabs. On May 24, cybercrime monitoring blog Under the Breach reported that a hacker had begun advertising the customer databases of popular hardware wallet companies for sale. The data purportedly included the full names and physical addresses for over 80,000 user accounts. Under the Breach tweeted screenshots suggesting that the hacker obtained the databases by exploiting a vulnerability of popular e-commerce platform Shopify. “Don’t offer me low dolar, only big money allowed,” the hacker warns …

SatoshiLabs, the Prague-based manufacturer of hardware cryptocurrency wallets Trezor, released a beta version of its new firmware that supports Bitcoin (BTC) exclusively. “Orange coin good!” According to the blog post published on Sept. 9, SatoshiLabs’ new BTC firmware is now available to download for both Trezor One and Trezor Model T. The company also noted that it aims to introduce a “stable version” of Bitcoin-only firmware in the next month’s release, adding: “From now on, we will be producing four different versions of firmware — regular (full altcoin support + U2F/WebAuthn) and Bitcoin-only, for both Trezor One and Model T. …