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#hardware wallet hack

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Ledger Claims CryptoBilis Hack Cases Are Limited as $93M Traced and $10M Frozen
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Ledger Claims CryptoBilis Hack Cases Are Limited as $93M Traced and $10M Frozen

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 ...

Major Crypto Wallet Reportedly Hit by Massive Hack as CZ Issues Warning Over Stolen Funds
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Major Crypto Wallet Reportedly Hit by Massive Hack as CZ Issues Warning Over Stolen Funds

Key Highlights: Hardware wallet manufacturer Ledger has opened an investigation into reports of unauthorized crypto asset transfers targeting users in Southeast Asia. On-chain data indicates that hundreds of cryptocurrency wallets may have been compromised in the incident. The company is actively looking into the origin and mechanism of the reported asset drainage to determine the ...