News linked to this event type.
According to Bernama, a man in Perak, Malaysia, reportedly had his crypto wallet compromised, resulting in losses of approximately 12.47 million ringgit (roughly $3.05 million USD). The Perak state police chief stated that the victim discovered on the afternoon of October 9 that his digital assets had been transferred without authorization. Preliminary investigations indicate that the transactions were conducted via blockchain networks. Law enforcement is collaborating with the Cryptocurrency Unit of the Commercial Crime Investigation Department to trace the flow of funds and investigate those involved. The case is currently being investigated under Section 420 of the Malaysian Penal Code concerning fraud, while the specific attack method remains undisclosed.
Odaily reports: Bitcoin News posted on X platform that Ledger has confirmed at least one affected user's device contained an unauthorized hardware implant, and is currently investigating the matter with relevant authorities and SEAL_911. Hardware wallet reseller CryptoBilis has suspended sales of all hardware wallets. Ledger stated there is currently no indication that its internal security infrastructure, systems, or services have been compromised. Ledger advises users who purchased devices from CryptoBilis and have not yet completed setup to refrain from doing so; users who have already completed setup should consider generating a new seed phrase and transferring their Bitcoin to a new hardware wallet. Ledger also stated it is developing additional tamper-proof protections.
Hardware wallet manufacturer Ledger stated that its team attaches great importance to the relevant security report and is actively investigating the specific issues. According to currently available information, the stolen funds are suspected to be limited exclusively to devices sold through the Southeast Asian distributor CryptoBilis. There is currently no indication that Ledger's security infrastructure, systems, or services have been compromised.
according to Lookonchain monitoring, an old wallet address had been operating securely for 8 years. After more than 4 years of dormancy, the address transferred funds to a new wallet one month ago, and subsequently CryptoBillis Ledger Drainer stole all 59 ETH from that wallet, worth $146,800.
Odaily News: OneKey founder Yishi posted a statement saying that the recent asset loss incidents involving Ledger users have drawn community attention to the security of hardware wallets. The risk may not come from the secure chip itself, but rather from the gap between the protected chip and the display screen that users trust — the so-called "last centimeter." Hardware wallet security needs to cover the entire process of production, transportation, storage, and distribution. Users are advised to purchase devices through official channels, complete packaging inspections and official verification, as sensitive data may be exposed during transmission.Yishi stated that as of October 10, OneKey has not received any reports of user fund losses caused by this incident. In response to supply chain attack risks, the company plans to make improvements across multiple areas, including packaging, mnemonic phrase display pathways, motherboard communication, reseller authorization, and user verification information. Among these, OneKey will introduce a backup process that does not require displaying the mnemonic phrase on the device screen, and will prioritize strengthening encryption of sensitive internal communication links on the motherboard to reduce the risk of hardware implant attacks obtaining recovery phrases.
据 Salus 监测，加密支付服务商 Triple-A 的攻击者已将 4,970 枚 ETH（价值约 1,240 万美元）转入混合清算工具 Tornado Cash。今年 7 月，该攻击者盗取了 Triple-A 自身财库的资产，公开估计损失约为 1,180 万美元。在将资金跨链桥接至以太坊网络并完成代币兑换后，攻击者于 9 月 6 日将资金分散至两个中间地址。10 月 9 日，攻击者通过单一钱包整合两笔资金流，并分批充值至 Tornado Cash，其中包括 49 笔 100 ETH 和 7 笔 10 ETH 的交易，其中部分资金来源于此前从混币器提取的款项。
The XRP Ledger recently patched a critical security vulnerability traceable to 2015. Discovered by researcher Cayden Liao and Veria AI, the issue was reported internally on September 22. Attackers could exploit a counter overflow flaw in the ledger’s built-in exchange to create massive amounts of XRP from thin air at an extremely low cost by opening hundreds of accounts, then transfer and liquidate them to bypass XRP’s fixed supply cap of 100 billion. RippleX quietly released the patched version xrpld 3.4.1 on September 25, stating that there is currently no evidence of the public network having been exploited.
XRP Ledger 发现并修复了一个始于 2015 年的计价漏洞，若被利用可能导致 XRP 固定供应量规则失效，目前未发现被恶意利用的证据。
According to disclosures by SlowMist Security Team CISO 23pds (@im23pds), researchers have indicated that Ledger hardware wallets may be susceptible to a PCB-level supply chain attack. The attack works by implanting a malicious module on the device’s screen data cable (such as the SPI bus) to passively monitor and record the mnemonic display process. The mnemonics are then forwarded to attackers via LTE/eSIM, allowing them to drain user assets. Since this spy module only performs passive read-only operations and does not interact with the firmware or Secure Element (SE), the device’s power-on self-test cannot detect any anomalies. The actual compromised security boundary is the plaintext bus between the MCU and the screen. To date, Ledger has officially launched an investigation into user fund loss incidents in Southeast Asia. The affected devices are suspected to be connected to Malaysian distributor CryptoBilis; Ledger has ordered it to halt all sales and shipments and has advised users to await official updates on the investigation.
according to on-chain analyst Yu Jin's monitoring, an address received 263 ETH from Tornado Cash yesterday, then swapped it for approximately 643,000 USDC and deposited it into Hyperliquid.The address opened a 40x leveraged cross-margin short position on 305.5 BTC, with a position size of approximately $25.38 million, an average entry price of $83,068, and a liquidation price of $84,088. The current unrealized profit is about $160,000. The source of the address's funds involves Tornado Cash, but it cannot yet be confirmed whether it is related to hacker activity.
According to on-chain analyst Onchain Lens (@OnchainLens), the hacker associated with the $90 million Ledger reseller incident has cumulatively deposited approximately $270,300 into Binance, including 256.57K USDT and 41.12K TRX (about $13,700), with the majority of funds already transferred to Binance's hot wallet. Previously, the hacker also used four wallets to deposit 430.2 ETH (approximately $1.07 million) into Tornado Cash for mixing, and converted USDT to USDD to evade Tether's fund freeze.
According to monitoring by Galaxy's head of research, in the Ledger CryptoBillis attack incident, approximately $72.9 million remains in addresses controlled by the attacker, involving Bitcoin, Ethereum, and USDT; $3.1 million entered Tornado Cash, while the remaining funds have been bridged across chains, swapped, or layered and transferred through relayers.
According to Odaily, citing Galaxy's head of research, the losses from the Ledger CryptoBillis supply chain attack currently amount to 213.42 BTC, approximately $17.7 million. Of this, 92% of the funds were held for less than 90 days at the time of consolidation, while some funds were held for longer periods. All traced Bitcoin remains unspent and is stored in 3 consolidation addresses.
Odaily News: According to monitoring by Galaxy's head of research, the Bitcoin losses caused by the Ledger cryptocurrency supply chain attack currently amount to 213.42 BTC, valued at $17.7 million. Of this, 92% of the funds were transferred in less than 90 days ago, while some funds were transferred even earlier. All Bitcoin traced so far remains unspent and is held in 3 aggregation addresses.
Bitcoin News posted on X platform stating that corporate records for Malaysian hardware wallet distributor CryptoBilis show that, as of August 3, an individual named Jiaming, with a registered address in Heilongjiang Province, China, holds 100% of the company's shares. The company's former co-founder confirmed that CryptoBilis completed its acquisition in March, with the original owner withdrawing from all operational, managerial, and administrative roles. The founder has been unable to learn about the company's operations since the handover but still assists with event coordination. This information emerged during an investigation into a suspected supply chain attack on Ledger hardware wallets, where affected devices were implanted with hidden components that could steal seed phrases; there is currently no conclusive evidence linking the change in CryptoBilis ownership to the compromised wallets.
According to Onchain Lens monitoring, the suspected hacker behind the reported $90 million Ledger reseller incident has deposited 430.2 ETH, worth $1.07 million, into Tornado Cash through 4 wallets. After Tether froze the related funds, the hacker swapped USDT for USDD through SUN.io and USDD's PSM, with some funds also flowing into Binance hot wallets.The hacker's wallet tracked by Arkham currently holds a total of $70.6 million in assets, including 11,406 ETH worth $28.35 million; 213.371 BTC worth $17.65 million; 13.646 million USDD worth $13.65 million; and 10.909 million USDT worth $10.91 million. Onchain Lens is calling on Binance to investigate these transfers and freeze accounts associated with the stolen funds as soon as possible.
Odaily News — According to monitoring by Bitcoin News, former Mt. Gox CEO Mark Karpelès may have inadvertently triggered a coordinated transfer of funds across multiple wallets after publicly disclosing physical tampering with Ledger devices equipped with hidden surveillance implants. On October 8, Karpelès warned that counterfeit or tampered Ledger devices with hidden SIM cards were being sold on the market, and these SIM cards were capable of transmitting stolen seed phrases. The implants were reportedly able to intercept data sent to the device screen, thereby capturing the recovery phrases displayed to users during wallet setup. Such devices could allegedly still pass Ledger's official genuine product verification, because the original secure element remained intact and the verification process was unable to detect unauthorized physical modifications. One emerging speculation is that attackers collected seed phrases from affected devices and waited to simultaneously transfer funds from multiple wallets. Karpelès's warning reportedly received approximately 90,000 views, which may have made the attackers aware that their operation had been exposed and prompted them to move the stolen funds. Karpelès stated that one affected Ledger device he examined came from Malaysia, was packaged in intact shrink wrap, and had an implant hidden beneath the screen. The suspected attack path is currently a compromised hardware supply chain rather than a vulnerability in cryptographic algorithms. The connection between Karpelès's warning and the subsequent wallet fund transfers has not yet been confirmed, nor has it been verified whether the same batch of implants was responsible. If the relevant circumstances are confirmed, the incident would demonstrate that even if a device is certified by the manufacturer, compromised hardware can still undermine users' self-custody security.
Odaily News: Bitcoin fell to $80,350 on Thursday before rebounding, climbing back above $83,000 at the Friday U.S. stock market open and subsequently fluctuating around $82,500. The rolling 24-hour cryptocurrency liquidation amount had previously exceeded $1 billion. Despite news circulating that Ledger hardware wallet users' funds were stolen, the crypto market has not yet shown significant selling pressure.Analysts suggest that before the U.S. CPI data is released on October 14, Bitcoin may remain range-bound, with the main trading range between $81,300 and $86,500, and could repeatedly test $84,000. The market is also watching whether Bitcoin can hold the key level of $82,500 before the weekly close. (Cointelegraph)
According to MistTrack monitoring, Odaily reports that Tether has frozen a large amount of USDT on addresses related to the Ledger user fund theft incident. The losses from this incident have approached $90 million, and some affected users have contacted MistTrack for assistance, with the team currently following up. Previously, Ledger stated it was investigating the theft of user funds related to Southeast Asian distributor CryptoBillis.
Odaily reports: CZ shared self-custody security advice, stating that users who purchase hardware wallets or download new software wallets should wait several weeks before transferring large amounts of funds into them.CZ said that during the waiting period, users should pay attention to relevant security news, including hacking incidents, because hardware devices may be tampered with, and official wallet software websites may also be attacked. He reminded that while self-custody enhances asset control, it also means users need to bear more security responsibility.