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MediaMarktSaturn has removed Ledger hardware wallets from its stores and websites worldwide as a precaution while Ledger investigates reports of unauthorized implants in devices sold through retail and reseller channels.
Ledger says an unauthorized LTE-enabled component inside some CryptoBilis-sold hardware wallets captured 24-word recovery phrases and sent them to attackers. Researchers estimate losses of up to $93.2 million across more than 300 wallets, while Tether froze $10 million in linked USDT.
Ledger says LTE-enabled implants in wallets sold through CryptoBilis captured customers’ recovery phrases and transmitted them over cellular networks. CryptoBilis halted sales, while Trezor and OneKey removed the reseller from their authorized networks.
South Korea has approved domestic access restrictions on 27 websites operated by unregistered crypto exchanges, including KuCoin and MEXC. Authorities said the action extends earlier app blocks, while warning that existing customers could face difficulties withdrawing assets.
Ledger is investigating cryptocurrency losses reported by Southeast Asian customers who bought devices from Malaysia-based reseller CryptoBilis. One affected Ledger device contained an unauthorized hardware implant, while the company says the number of impacted products was limited.
Ledger says every confirmed case in last week’s suspected wallet-draining incident involved devices sold by reseller CryptoBilis. The company says its systems and direct sales channels were unaffected, while investigators have traced more than $86 million in suspected losses.
NEXTPredict paid $12,000 for Kalshi contracts covering roughly $3 million of conference investment if more than half of flights into JFK are canceled on October 21. Susquehanna provided market-making services in the arrangement.
XRP Ledger developers fixed a vulnerability present since 2015 that could have let an attacker create counterfeit XRP through a specially crafted payment. The team said there is no evidence of exploitation, while Moneyiar data showed XRP down 3.15% over 24 hours.
An unauthorized Ledger hardware implant has renewed debate over whether Bitcoin ETFs offer safer custody than self-managed hardware wallets. Analysts disagree on the risks, while experts warn that both device security and rushed transfers require careful scrutiny.
Ledger says confirmed CryptoBilis cases are limited to devices sold by the authorized reseller, as blockchain firms traced up to $93.2 million in stolen crypto. Tether froze $10 million in USDT, while Ledger urged affected customers to move assets to newly generated wallets.
Bitcoin dropped below $83,000 during Monday’s U.S. session as a strong dollar, higher bond yields and falling technology shares pressured risk assets. Ether, crypto stocks and bitcoin miners also declined, while Bitmine and Strategy continued adding to their digital-asset holdings.
Standard Chartered has launched institutional custody for Ripple’s RLUSD stablecoin on the XRP Ledger through its Dubai branch. The bank also plans to let LMAX clients use RLUSD as trading collateral while keeping the tokens in custody, subject to approvals.
A software flaw in the XRP Ledger could theoretically have enabled billions of unauthorized XRP to be created, threatening its 100 billion-token cap. RippleX patched the issue after researchers reported it, with no evidence of exploitation or new XRP issuance.
Ledger confirmed that at least one device tied to crypto losses contained an unauthorized hardware implant. All known cases involve Southeast Asian reseller CryptoBilis, while estimated losses range from $86 million to $93 million across more than 300 wallets.
The XRP Ledger Foundation defended an emergency patch for a vulnerability that could have created XRP beyond the network’s fixed supply. Developers said bypassing the usual two-week validator vote was necessary to avoid exposing the flaw before protection took effect.
A reportedly tampered Ledger bought in Europe has widened concerns over a hardware-wallet supply-chain attack linked to estimated Asian losses of $93.4 million. Separately, researchers used AI to find an XRP Ledger flaw that could theoretically have created more than 18 trillion XRP.
An AI security agent found an XRP Ledger vulnerability that could have created about 18 trillion XRP in one transaction. Developers issued an emergency fix outside the normal governance process, while RippleX said no unauthorized tokens were created and no public-network exploitation was found.
Ledger confirmed that one device linked to reported crypto losses through Southeast Asian reseller CryptoBilis contained an unauthorized hardware implant. Potential losses may exceed $86 million, while the company investigates and advises affected users to pause setup or move assets.
