- Altcoin Daily discussed recent allegations leveled at the hardware wallets Ledger Wallet and Trezor Wallet.
- The host stated that the Ledger users have felt betrayed as the platform has not been transparent about its new seed phrase retrieval feature.
- The video concluded by suggesting the crypto community remains calm for a few days before drawing conclusions about the severity of the issue.
Altcoin Daily, a YouTube channel run by the brothers Aaron and Austin Arnold, released its new video discussing the havoc over the hardware wallets, namely, the Ledger Wallet and the Trezor wallet.
On May 16, Ledger announced its new update, Ledger Recover, a retrieval solution for its hardware crypto wallets, claiming that the new feature intends to safeguard the users if they misplace their seed phrase:
Source: https://coinedition.com/ledger-wallet-and-trezor-wallet-criticized-over-new-features/