Ledger explains how the LTE implant steals seed phrases from reseller devices
Ledger confirms an LTE hardware implant in CryptoBilis-sold signers captures seed phrases during setup; MediaMarkt Saturn has halted European sales.
Insights
Analysis, explainers and market notes, newest first.
Autheo’s THEO crash: was it Autheo’s deployment or the shared Hyperlane bridge?
Autheo's THEO fell 92% after a suspected Base bridge exploit minted 19 million tokens. The open question: Autheo's deployment, or the shared Hyperlane stack?
ENS Labs drafts proposal to activate ENSv2 and end new v1 registrations
ENS Labs' draft DAO proposal would activate ENSv2, end new v1 .eth registrations and turn expired names into a 28-day land rush on v2.
US Government Moves Seized Bitcoin to Coinbase Prime, No Sale Confirmed
Wallets linked to the US government moved over $100 million in seized crypto to Coinbase Prime; the moved coins trace to Bitfinex and FTX restitution cases, and no sale is confirmed.
Tether Freezes USDT Linked to Near-$90 Million Ledger Wallet Thefts
Tether has frozen USDT at addresses tied to suspected Ledger wallet thefts approaching $90 million, giving victims a partial recovery path that Bitcoin and Ethereum cannot offer.
Standard Chartered to launch crypto custody in Singapore by year-end
Standard Chartered plans institutional custody of crypto, stablecoins and tokenized real-world assets in Singapore, targeted by year-end, extending its UAE, Luxembourg and Hong Kong custody footprint.
ESMA gives EU crypto platforms three months to wind down non-MiCA stablecoins
Abstract, the Ethereum L2 by Pudgy Penguins parent Igloo Inc., will shut down Dec. 15 after eight-figure losses, days after Blast announced its own wind-down. Users must bridge funds off before the deadline.
Second Ethereum L2 in a week calls it quits: Abstract to shut down Dec. 15
Abstract, the Ethereum L2 by Pudgy Penguins parent Igloo Inc., will shut down Dec. 15 after eight-figure losses, days after Blast announced its own wind-down. Users must bridge funds off before the deadline.
Bitcoin sinks to October low near $83K as bond yields hit 24-year highs
Bitcoin fell to $82,734, its lowest of October, as US bond yields hit 24-year highs and Brent crude reached $102 on Iran's Strait of Hormuz warnings.
Europol’s quantum warning, translated: what holders should actually do with their wallets
Europol's EC3 named crypto wallets the main quantum-computing weak point and says everyday holders with exposed keys should move funds to new wallets now.