OneKey Founder Warns of Security Risks in Older iPhones for Crypto Seed Phrases
Hardware vulnerabilities in older iPhones could compromise offline crypto wallet security.
Hardware vulnerabilities in older iPhones could compromise offline crypto wallet security. This is an original Token Times brief synthesising 2 outlets (CoinEdition, Crypto.news), plus live market data, as of Sun, 01 Nov 2026 12:15:01 UTC.
This warning highlights the evolving risks of using everyday devices for offline crypto storage, emphasizing the need for more secure hardware solutions.
- OneKey founder advises moving seed phrases from iPhone 11 and older models.
- Hardware vulnerabilities could expose offline crypto wallets to attacks.
- Physical access to devices poses a significant security threat.
CoinEdition reports that OneKey founder Yishi Wang has cautioned crypto users about the security risks associated with storing seed phrases on older iPhones, particularly iPhone 11 and earlier models. Wang emphasized that even when these devices are offline, physical access could allow attackers to exploit hardware vulnerabilities, potentially compromising the security of offline crypto wallets.
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- OneKey Founder Warns of Security Risks in Older iPhones for Crypto Seed Phrases — this brief
- OneKey Warns of Security Risks for Older iPhone Crypto Users
Yishi Wang, the founder of hardware wallet provider OneKey, has issued a security warning to cryptocurrency holders, urging them to remove seed phrases from older iPhone models.
In a post on X, Wang highlighted vulnerabilities in iPhone 11 and earlier devices, stating that these flaws could be exploited even when the devices are disconnected from the internet.
The warning underscores the potential risks of using everyday devices for offline crypto storage, suggesting that physical access to the device could enable attackers to compromise the security of seed phrases.
This development comes amid growing concerns over the security of crypto storage solutions, with hardware vulnerabilities posing a significant threat to the safety of digital assets.
The broader crypto market remains relatively stable, with a total market cap of $2.68 trillion and 
Bitcoin showing a modest 24-hour gain of 0.43%. The current Fear & Greed Index stands at 34, indicating a 'Fear' sentiment among investors.
OneKey Founder Warns of Security Risks in Older iPhones for — questions & answers
Why should I remove seed phrases from older iPhones?
Older iPhones, particularly iPhone 11 and earlier models, have hardware vulnerabilities that could be exploited to compromise the security of seed phrases, even when offline.
What is the risk of using everyday devices for crypto storage?
Using everyday devices for crypto storage poses a risk because physical access to the device could allow attackers to exploit vulnerabilities and gain access to sensitive information.
What should I do to protect my crypto assets?
Consider using dedicated hardware wallets and avoid storing seed phrases on devices with known security vulnerabilities.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CoinEdition, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.