Def Con 25 Demonstration Claims to ‘Break Bitcoin Hardware Wallets

[jamie.redman1]

The well-known hacker conference Def Con 25 is happening once again at Caesars Palace in Las Vegas on July 27-30. The event schedule has a vast array of hacking exhibits and keynote presentations, but one notable group of Def Con demonstrators on the list claims they will show the audience how to break a bitcoin hardware wallet.

One demonstration dubbed “Breaking Bitcoin Hardware Wallets” has sparked interest within the bitcoin ecosystem. The 20-minute presentation will showcase Josh Datko, and Chris Quartier of the company Cryptotronix sharing their tools and methods that allegedly can break a bitcoin hardware wallet.

“In this presentation, we will quickly overview fault injection techniques, timing, and power analysis methods using the Open Source Hardware tool, the Chip Whisperer,” explains the Cryptotronix demonstration summary.

"We then show how to apply these techniques to the STM32F205 which is the MCU on the Trezor and Keepkey. Lastly, we will present our findings of a timing attack vulnerability and conclude with software and hardware recommendations to improve bitcoin hardware wallets."

Read More Here >>> https://news.bitcoin.com/def-con-25-dem ... e-wallets/

[mjglqw]

Interesting. The exact methods should definitely be shown to the hardware wallet companies.

Though this isn't much of a big deal for me, since a hacker should physically steal the wallet for it to be hacked.