Ledger says the viral "hack" was already patched, but two real bugs still needed fixing

What happened

Ledger released an update that fixes two actual bugs: a blind spot covering 257 operations and a limited swap approval substitution. The company says the viral 'hack' was already patched before this update.

Confirmed

Global impact / market context

These fixes protect user funds during Ethereum transactions. A blind spot might let harmful operations slip through unnoticed, while swap approval substitution could allow unintended token access. This reduces risk for people using Ledger wallets.

Analyst inference

For ETH holders, security updates matter because wallets are entry points to assets. Reliable fixes can maintain trust in crypto storage, supporting steady use of Ethereum. Unfixed bugs could scare investors, but this update aims to prevent that.

Analyst inference

What to watch

1. Ledger has released an update that now closes the 257-operation blind spot and the limited swap approval substitution bug. Confirmed
2. Users should verify their Ledger device runs the latest version to ensure they receive these security fixes. Proposed
3. Investors may watch for any further Ledger security updates, as ongoing trust in wallet safety supports Ethereum's adoption. Analyst inference

Affected assets

• ETH — Ethereum

Evidence

• cryptoslate.com