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: Blockchain forensics firm Chainalysis is actively investigating security incidents and reported fund thefts involving Ledger hardware wallet users. Mounting reports of stolen assets have prompted heightened scrutiny over Ledger’s security mechanisms, dampening overall market sentiment. Industry observers warn that the findings could trigger a sector-wide reassessment of cryptocurrency self-custody and protective standards. Security ...
Key Highlights: Binance founder Changpeng Zhao (CZ) advises cryptocurrency users to isolate new software and hardware wallets from primary funds for several weeks before moving substantial assets. The warning follows reports of between $86 million and $87 million in losses connected to a third-party Ledger reseller operating in Southeast Asia. Former Mt. Gox CEO Mark ...
Key Highlights: Blockchain intelligence firm Bitquery estimates that roughly $92.9 million was drained across 311 unique wallet addresses, aligning closely with findings from on-chain analyst Kamal. Former Mt Gox CEO Mark Karpelès highlighted that altered Ledger devices bought via third-party sellers could contain hidden surveillance hardware capable of capturing seed phrases during initialization. While an ...
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 $90 million across Bitcoin, Ethereum, and Tron, prompting stablecoin issuer Tether to freeze linked ...
Key Highlights: Hardware wallet manufacturer Ledger has opened an investigation into reports of unauthorized crypto asset transfers targeting users in Southeast Asia. On-chain data indicates that hundreds of cryptocurrency wallets may have been compromised in the incident. The company is actively looking into the origin and mechanism of the reported asset drainage to determine the ...
Key Highlights: Ledger has instructed official reseller CryptoBilis to halt sales and shipments amid an active investigation into potential device-related security issues. Users who acquired devices from the vendor within the last 90 days are advised to hold off on setup or migrate funds to a freshly generated recovery phrase if already in use. While ...
Ledger Wallet Cosmos ($ATOM) Outage Enters Fifth Day as Network Recovers Ledger’s status page continued to list Cosmos ($ATOM) as a major outage on September 13, leaving users unable to view $ATOM balances or transaction history and unable to submit transactions through Ledger Wallet more than four days after the incident began. Incident Timeline and ...
Ledger has denied hacking allegations following the publication of a laboratory demonstration showing a technical flaw in an outdated version of its Ethereum application. The…