According to U.Today, OneKey’s founder stated that an offline older iPhone should not be used as a substitute for a dedicated hardware wallet.
The warning comes from the company’s founder, who emphasized that while an iPhone kept offline might appear secure, it does not meet the safety standards required for managing cryptocurrency assets. A hardware wallet specifically designed for this purpose includes features such as isolated storage, tamper resistance, and verified security protocols, which an iPhone lacks when repurposed for crypto storage.
The founder noted that even if the device is physically secured and not connected to the internet, software vulnerabilities, update risks, and potential physical access could compromise stored keys. These factors increase exposure compared to devices built exclusively for secure key management.
OneKey promotes its own hardware wallet solution as a purpose-built alternative designed with security in mind. The company advises users who manage private keys or cryptocurrency assets to use certified hardware wallets rather than consumer electronics like iPhones, regardless of current usage patterns or offline status.
