Hardware Wallet Provider Trezor Targeted in Phishing Attack

A malicious actor pretending to be Trezor sent a false email requesting victims to update their software and change their wallet PIN

article-image

Blockworks exclusive art by axel Rangel

share

key takeaways

  • Trezor said Saturday its newsletter had been breached by an “insider targeting crypto companies”
  • The domain linked to the breach, ending in the extension .us, has since been taken down, the provider said

Cryptocurrency hardware wallet provider Trezor said Saturday it was investigating a data breach of its opt-in newsletter hosted on marketing platform MailChimp.

A scam email warning of a breach began circulating last week, according to affected users. Trezor then sent a warning via Twitter asking its users not to open emails originating from the phishing domain “[email protected].”

Users took to social media to warn against the scam email impersonating Trezor and its security team, which prompted victims to download the “latest version of Trezor Suite” and change their wallet PIN.

Loading Tweet..

The provider has since managed to take down multiple phishing domains targeting users including Trezor.us, according to a follow-up tweet on Sunday.

“MailChimp has confirmed that their service has been compromised by an insider targeting crypto companies,” Trezor said. “We have managed to take the phishing domain offline. We are trying to determine how many email addresses have been affected.”

The company also said it would not communicate via its newsletter until the situation is resolved.

Questions have been raised by the community, wondering why the provider had not already registered top-level domains (TLD) including extensions .us, .net, and .com to prevent such attacks.

Still, some argue hackers could easily circumvent TLD registration by imitating the domain name and changing a single character, such as “Trez0r,” to dupe victims.

Trezor did not immediately respond to Blockworks’ request for comment.

This type of attack does not represent a threat to the cryptographic security of the hardware wallet, nor is it the first example of a crypto wallet firm being targeted. Rival hardware wallet manufacturer Ledger suffered a data leak of its marketing database in July 2020, which resulted in its users being the target of phishing attacks and other forms of fraud.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter.

Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

recent research

LTIPPanalysis.png

Research

This report is a retroactive analysis of Arbitrum's Long Term Incentives Pilot Program (LTIPP). We collect relevant data at a protocol level and review bi-weekly updates to analyze recipients, their strategies, and the impact of the incentives on high level growth metrics. In particular, we want to highlight outperformers and underperformers, and glean any best practices or lessons learned for protocols distributing ARB incentives in the future. The overarching goal is to synthesize lessons learned that the DAO can reference as it begins thinking about future incentives programs–namely, the working group for incentives that is being actively discussed–especially as Timeboost introduces new conditions for trading and economic activity.

article-image

OFAC sanctioned Tornado Cash in 2022, claiming the mixer had been used to launder more than $7 billion in crypto

article-image

The Fed’s preferred inflation gauge showed that prices increased 0.2% from September and 2.3% annually

article-image

While acknowledging potential headwinds for risk assets, Galaxy’s Alex Thorn notes there are also plenty of catalysts

article-image

BuilderNet is a new block building network designed to return more MEV and gas fees to users

article-image

Ledn’s John Glover gives some price targets to watch for bitcoin

article-image

Sponsored

AI project Zerebro intersects the spheres of artificial intelligence, finance, art, music, and culture