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OneKey founder says unpatchable chip flaws could expose wallet seed phrases on older iPhones

Nov 1, 2026By ClusterWire.news· AI-assisted news brief

OneKey founder Yishi Wang warned that hardware vulnerabilities in older iPhones could put crypto wallet seed phrases at risk if an attacker gains physical access to a device. The warning concerns flaws that cannot be fixed through software updates, according to reports [1] [2] [3].

A report said the affected models include the iPhone XS, XR and 11 series, as well as the second-generation iPhone SE, and described an attack using DFU mode and a custom USB tool to run code before the operating system starts. It said airplane mode and factory resets would not prevent the attack [4].

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