Connecting your crypto seed phrase to your passport. What could go wrong?
Hardware wallet provider Ledger has caused a stir online after releasing its latest Ledger Recover service in their latest firmware update.
In a nutshell, it’s an ID-based key recovery service that backs up users’ seed phrases. To use the service, users must provide a passport or national identity card to confirm their identity.
While this service requires users to opt-in and pay a $9.99 monthly fee, some are already concerned that Ledger would offer such a service.
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