A vulnerability in some MediaTek-powered phones could allow attackers to extract encrypted data, including wallet seed ...

Security researchers cracked a MediaTek-powered Nothing CMF Phone 1 in 45 seconds, exposing a vulnerability that potentially affects millions of Android phones.

Crypto wallet company Ledger said one in four Android users were once at risk of having their wallet seed phrases stolen due to a MediaTek vulnerability affecting certain Android phones.

The hardware vulnerability - found primarily in budget handsets - makes it possible to steal sensitive user data, including crypto wallet seed phrases, in less than a minute.

Google and iVerify researchers say the case points to a thriving secondary market for high-end zero-day exploits.

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