Ledger Probes Suspected $86M Crypto Theft Linked to Reseller
The reported losses remain unverified, but Ledger's advice to pause setup and move funds highlights the security risk of devices obtained through untrusted channels.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The reported losses remain unverified, but Ledger's advice to pause setup and move funds highlights the security risk of devices obtained through untrusted channels.
The warning puts reseller provenance at the center of hardware-wallet security, with Ledger advising affected buyers not to initialize their devices.
The potential seizure follows earlier US actions against Iran-linked wallets and exchanges, but Bessent did not say whether the $1B target is new or includes previously announced seizures.
The action adds a permanent industry ban to existing federal and regulatory penalties, while Celsius creditors have already received more than $3.4 billion through bankruptcy proceedings.
The watchlist spans multiple crypto sectors, but participation does not guarantee a future token allocation or reward.
Three converging signals in one week: a major exchange secures institutional-grade capital, the CFTC finally sets a regulatory baseline, and Ethereum's co-founder warns cryptographic security may…
TRON, Base and BNB Chain captured nearly half of all stablecoin card spend, signalling that on-chain payment rails are scaling faster than the headline number suggests.
Inflows of $11.1B since mid-July are cooling while 10-year yields sit at multi-decade highs above 5.3%. The fiscal-sustainability read on Bitcoin is now the move worth watching.
Payment rails are settling, but the RBA's Oct 6 consultation makes clear the dispute leg has no standards yet.
Thailand's regulated spot crypto channel opens Oct 16 with conservative guardrails: 80% minimum exposure, licensed custodians, no margin, and domestic funds get first crack at local wrappers over…
Meanwhile holds 1,183 BTC in reserves, up fivefold year-on-year, and counts 15 wealth-management partners across Asia and the Gulf as BTC-denominated legacy planning enters family-office practice.
Thailand becomes the first major Southeast Asian market to wrap BTC and ETH inside its conventional fund framework, with retail access still gated by risk signoffs and local custodians.
Ripple's expansion into stablecoins and asset custody was the groundwork; the ETF push is the bid to sit at the same table as the largest asset managers in traditional finance.
The raise lifts Meanwhile's total funding to $180M and signals that BTC-denominated life insurance is finding serious traction among high-net-worth clients across Asia and the Middle East.
The draft is still in public consultation and key mechanics like taxable event definitions and loss treatment remain unsettled, meaning the headline rate is a starting point, not a final obligation.
The sell-off adds MARA to a growing list of publicly traded miners liquidating treasury Bitcoin, raising questions about whether the sector is collectively signaling balance-sheet stress.
Gated to CFTC-defined Eligible Contract Participants with at least $5M-$10M in discretionary assets, the launch is institutional by design, not a retail feature.
SBF was convicted in 2023 after the FTX collapse wiped out customer funds; victims argue the Netflix framing risks recasting a convicted fraudster as a romantic lead.
Three of the four major spot products bled capital simultaneously, a pattern more consistent with broad risk-off positioning than isolated profit-taking on any single asset.
The deposit coincides with a 6.9% BTC drawdown, raising fresh questions about whether seized-coin liquidations are now a structural overhang on price.