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You should use a passphrase with your Bitcoin signing device / hardware wallet. This would have most likely stopped this attack from being successful as the passphrase is not stored on the device.

https://youtu.be/50eiA-75NMY

Mal Gifson 2y ago

You mean like a 25th word? I have a friend who needs to do that.

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Discussion

Derek Ross 2y ago

Yes. If they do, be sure to tell them that doing so will create a new wallet. They'll need to send from the old wallet to the new one.

OpenMike 2y ago

You can do that after the fact, correct? Not just at initial setup?

Mal Gifson 2y ago

It’s a new wallet essentially. You’d have to transfer your stuff to the new wallet. I’m an idiot and could be wrong.

jacke 2y ago

you are right! it will be a new wallet and a transfer has to be made

OpenMike 2y ago

That’s what I figured. It’s just been years since I set up my…gulp…ledger

Mal Gifson 2y ago

You were gonna have to move those sate any way from what it sounds like :)

OpenMike 2y ago

This is true, unless I wanted to just wait for Ledger to move them for me! 🤣

quark 2y ago

It doesn't need to be just an additional word. It can be many words. A phrase. To be safer.