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trezor

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first_img Trezor marketing platform was breached, 347,000 users received phishing emails

Bitcoin hardware wallet manufacturer Trezor has warned that its third-party marketing platform Brevo, used for sending newsletters, experienced a data breach, with attackers using the platform to send phishing emails to 347,000 Trezor customers. The attackers sent emails using Trezor's domain, making the phishing attempt more deceptive, with malicious links encouraging users to download applications and enter wallet backups.Trezor stated that it shut down the domain at the DNS level within 20 minutes to prevent the links from remaining active, but approximately 2,500 people had already clicked on them. Trezor has suspended its Brevo account to stop further emails from being sent and emphasized that other Trezor systems were not affected aside from the marketing platform, while reminding users that Trezor never asks customers for wallet backups.Prior to this incident, Trezor disclosed last month that its third-party fulfillment partner ShipMonk was attacked, resulting in the data breach of 11,742 customers; last week it also reported that the names, emails, phone numbers, shipping addresses, and order numbers of another 67,000 U.S. customers were exposed in the breach. This year, cryptocurrency wallet Ledger's payment processor Global-e and wallet provider SafePal have also experienced data breaches, with approximately 39,800 customers' order information at SafePal being accessed without authorization.

Trezor executive: Handing over all Bitcoin to ETFs would be the worst outcome for the industry, undermining the core principle of self-custody

According to The Block, executives from hardware wallet manufacturer Trezor stated that the market's trend of fully pushing Bitcoin towards ETFization may pose a long-term risk to the core principles of the crypto industry. According to the company's Chief Business Officer Danny Sanders during the BTC Prague event, the current global crypto user base is approximately 600 million, but only about 10% of users choose to self-custody their assets, with only about 12 to 13 million users using hardware wallets.Since the launch of the U.S. spot Bitcoin ETF in 2024, which has attracted over $53 billion in inflows, institutional allocation of Bitcoin has significantly increased. However, Sanders pointed out that this trend may also weaken users' behavior of directly holding private keys. He believes that self-custody is one of the core attributes of the Bitcoin system, but there are still significant challenges in terms of user experience and security thresholds, leading more users to prefer participating in the market through custodial tools like exchanges or ETFs.Sanders emphasized that the industry should focus on improving the usability and security of self-custody, rather than simply accepting the path of "putting Bitcoin into ETFs." He stated that if the long-term evolution leads to an ETF-dominated holding structure, it would undermine the foundational logic of Bitcoin as a decentralized asset, which could be the "least ideal outcome" for the industry.
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