A fake hardware wallet user lost in $7 million after buying a discounted cold wallet from Douyin (the Chinese version of TikTok).

In an unlikely event, a user lost in $7 million after purchasing a discounted cold wallet, or fake hardware wallet, from Douyin (the Chinese version of TikTok), which was later found to be a modified hardware wallet. Warning about fake hardware wallets spreading in online markets According to blockchain security firm SlowMist, the wallet’s private […]