Key Highlights: A cybercriminal who accumulated millions running fake online job scams has lost 60 BTC—valued at over $4.9 million—to a separate crypto theft. Blockchain analytics firm Chainalysis revealed that the illicit proceeds were drained after being stored on three compromised Ledger hardware wallets. The breach is connected to altered Ledger devices supplied by Southeast ...
Key Highlights: Compromised hardware wallets targeting Southeast Asian users allegedly used hidden chip implants to capture 24-word recovery phrases directly from screens. Hardware security firm Ledger confirmed that its upcoming Atom model will feature dedicated physical anti-tampering safeguards, including an isolated protective enclosure and dedicated battery-backed sensors. To mitigate supply chain risks, Ledger will bypass ...
Key Highlights: Large token movements from a major Ethena holder were confirmed to be protective asset migrations rather than sell-offs, following recent hardware wallet security issues. The precautions stem from a physical supply-chain breach affecting Ledger hardware wallets distributed by Southeast Asian reseller CryptoBilis, where covert chips intercepted seed phrases. Hardware wallet security concerns have ...
Key Highlights: Hardware security company Ledger confirmed that covert hardware implants were placed inside devices sold by Southeast Asian reseller CryptoBilis to steal user seed phrases. The rogue microcontroller scraped 24-word recovery phrases directly from the device screen during setup and transmitted the data to attackers via cellular LTE using an integrated eSIM. Ledger clarified ...
Key Highlights: Hardware wallet manufacturer OneKey has introduced a direct replacement program for all devices purchased through Southeast Asian reseller CryptoBilis between March 1 and October 12, 2026. The response follows an ongoing investigation into Ledger hardware compromises, in which blockchain investigator Specter estimated total losses surpassing $86 million from tampered devices distributed by CryptoBilis. ...
Key Highlights: Stablecoin issuer Tether froze illicitly transferred funds following an exploit, with onchain analytics firm Bitquery reporting that approximately $81 million remained traceable as of October 11. Hardware wallet manufacturer Ledger faced public criticism after attempting to isolate the incident to authorized reseller CryptoBilis, despite the vendor being officially listed on Ledger’s platform. Unlike ...
Key Highlights: Hardware wallet manufacturer Ledger verified that a device tied to recent user asset losses contained an unauthorized physical hardware implant. All confirmed instances of the exploit trace back to hardware units distributed by CryptoBilis, a regional reseller servicing Southeast Asia. CryptoBilis has halted all hardware wallet inventory sales as Ledger continues its direct ...
Key Highlights: Blockchain intelligence firm Bitquery tracked 5.2 million Tether (USDT) transferred to three Binance deposit addresses via suspected over-the-counter intermediaries following a major crypto theft. The illicit flows do not indicate recovered assets, as funds were commingled with third-party capital, while previous conversion maneuvers through USDD were aimed at bypassing Tether freeze mechanisms. Hardware ...
Key Highlights: Hardware wallet provider Ledger warned customers who bought devices from official Southeast Asian reseller CryptoBilis within the last 90 days to halt setup or move funds following suspected security compromises. Security researchers estimate total losses between $86 million and $90 million across Bitcoin, Ethereum, and Tron, prompting stablecoin issuer Tether to freeze linked ...
Key Highlights: Ledger has instructed official reseller CryptoBilis to halt sales and shipments amid an active investigation into potential device-related security issues. Users who acquired devices from the vendor within the last 90 days are advised to hold off on setup or migrate funds to a freshly generated recovery phrase if already in use. While ...