OneKey founder warns older iPhones have unpatchable chip vulnerabilities

OneKey founder Yishi (Yishi) warned that older iPhones contain unpatchable chip-level vulnerabilities that could compromise crypto wallet security, highlighting risks for users of legacy Apple devices storing digital assets. The warning centers on hardware flaws in older iPhone chips that cannot be fixed through software updates, meaning affected devices remain exposed regardless of iOS patches. The announcement matters for the crypto industry because hardware-based security is foundational to self-custody wallet protection, and unpatchable flaws could undermine user trust in mobile wallet solutions. OneKey, a crypto hardware and software wallet provider, did not specify affected iPhone models or exploitation methods in the announcement. Users of older iPhones storing crypto assets should monitor OneKey's official channels for guidance on affected devices and recommended mitigation steps.