Trezor's Chip Has a Minor Flaw — But Scammers Are Already Using It Against You | CryptoDad Live Q&A

The CryptoDad Guide 1 months ago

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Hardware wallet security made headlines this week — and the scammers didn't waste any time.

Ledger's security research team, Donjon, published a technical disclosure showing they used specialized laser equipment to find a flaw in TROPIC01, a chip used in Trezor's Safe 7. Trezor has responded saying your funds are safe, no action is required, and the exploit requires physical access plus advanced laboratory equipment. But while the legitimate security community was handling the disclosure responsibly — scammers were already spinning up fake "Trezor update" websites trying to steal seed phrases from panicking users.

We'll cover exactly what the flaw is, what it isn't, why your crypto is safe, and what to watch out for. We'll also cover Zcash dropping 38% after a critical 4-year-old bug was disclosed in its privacy pool — and what that means for privacy coin holders.

Plus a Bitcoin market check — BTC has pulled back significantly from its highs and we'll talk about where things stand.
Join me LIVE — your questions answered, no hype, no price predictions, just straight talk.

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🗞️ Tonight's Top Stories:

1. TREZOR SAYS USERS' CRYPTO IS SAFE AFTER LEDGER RESEARCHERS UNCOVER CHIP FLAW IN TROPIC01
https://www.coindesk.com/tech/2026/06/02/dnp-trezor-says-users-crypto-is-safe-after-ledger-researchers-uncover-chip-flaw

2. TREZOR OFFICIAL RESPONSE: TROPIC01 CHIP DISCLOSURE — NO IMPACT TO YOUR FUNDS
https://trezor.io/blog/news/Trezor-response-TROPIC01-chip-disclosure-no-impact-to-your-funds



3. LEDGER DONJON RESEARCH: LASER FAULT INJECTION ON THE TROPIC01 OPEN-SOURCE SECURE ELEMENT
https://donjon.ledger.com/blog/tropic01-laser-fault-injection/

4. ZCASH PLUMMETS 38% AS SHIELDED LABS REVEALS A CRITICAL BUG THAT WENT UNDETECTED FOR FOUR YEARS
https://www.coindesk.com/markets/2026/06/05/zcash-plummets-30-as-developer-reveals-a-major-bug-that-went-undetected-for-four-years

5. ⚠️ SCAM ALERT: FAKE TREZOR UPDATE SITE (MEDIUMTREZORUPDATE.COM (http://mediumtrezorupdate.com/)) IS A PHISHING PAGE — DO NOT CLICK
No link — this is the warning. The domain redirects to ChatGPT and impersonates a Trezor update page. Live example of scammers exploiting the TROPIC01 news cycle.

6. BITCOIN LOSES $60,000, FALLS TO WEAKEST PRICE SINCE OCTOBER 2024
https://www.coindesk.com/markets/2026/06/05/bitcoin-loses-usd60-000-falls-to-weakest-price-since-october-2024

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