Ledger finds chip flaw in competitor Trezor's 'Safe 7' device

Hardware wallet maker Ledger has discovered a chip flaw in competitor Trezor's latest device, an issue Trezor has transparently disclosed to the public, CoinDesk reported. Trezor officially announced that a vulnerability was found in a specific security chip used in its newest hardware wallet model, the Trezor Safe 7. However, the company explained that the flaw poses no risk to user assets and that no action is required from users.