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#supply chain attacks

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Crypto Audits Offer False Security as Q3 Hacks Hit $1.18 Billion, Hacken Warns
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Crypto Audits Offer False Security as Q3 Hacks Hit $1.18 Billion, Hacken Warns

Key Highlights Major security gaps across cryptocurrency exchanges, hardware supply chains, and cross-chain bridges have triggered massive losses, headlined by a $352 million breach at Bitget. Security researchers warn that conventional audit badges frequently mislead users into a false sense of comprehensive platform security. Significant capital vulnerabilities persist across the ecosystem, including supply-chain tampering affecting ...

Scammer Loses Nearly $5 Million in Bitcoin After Ledger Spy-Chip Exploit Backfires
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Scammer Loses Nearly $5 Million in Bitcoin After Ledger Spy-Chip Exploit Backfires

Key Highlights: A cybercriminal who accumulated millions running fake online job scams has lost 60 BTCโ€”valued at over $4.9 millionโ€”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 ...

Ledger Unveils Atom Crypto Wallet Featuring Android Apps and Tamper Detection
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Ledger Unveils Atom Crypto Wallet Featuring Android Apps and Tamper Detection

Key Highlights Ledger introduced Atom, a new device pairing everyday app functionality with isolated, hardware-level transaction approval and physical privacy controls. The company clarified past theft incidents, revealing criminals intercepted devices via reseller networks to install seed-phrase-stealing implants, prompting a sales halt in Southeast Asia and Hong Kong. Pre-orders for the unfinished Ledger Atom Founders ...

Under Pressure, Ledger Unveils Plan to Turn Crypto Hardware Wallet into a Smartphone
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Under Pressure, Ledger Unveils Plan to Turn Crypto Hardware Wallet into a Smartphone

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 ...

CZ Urges Crypto Users to Prioritize Wallet Security Amid Rising Risks
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CZ Urges Crypto Users to Prioritize Wallet Security Amid Rising Risks

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 ...