News linked to both this project and an event.
Bitcoin News posted on X that Mark Karpeles has launched a webpage to document reported cases of Ledger hardware implants, compiling cases he has reviewed and verified through public reports and images shared on X. The database also allows users to submit new cases to track the potential scope of the ongoing Ledger supply chain security incidents.
Odaily News: On October 12, the Bank of Russia added Sberbank, the country's largest bank, to the register of institutions authorized to trade digital currencies, allowing it to buy and sell cryptocurrencies in its own name and with its own funds. Six days earlier, Sberbank had been included in the list of digital custody institutions.Sberbank plans to launch its first cryptocurrency products on SberBank Online, SberInvestments, and SberBusiness starting December 1, initially supporting Bitcoin, Ethereum, and USDT issued by Tether. The exact launch timing depends on decisions by the Bank of Russia and the readiness of accompanying regulations.Under relevant laws, retail investors may trade no more than 300,000 rubles per year through a single intermediary and must pass a knowledge test; using cryptocurrencies to pay for goods within Russia remains illegal. (Decrypt)
Odaily News: According to Bitcoin News monitoring, Bitcoin News released a podcast in which former Mt. Gox CEO Mark Karpelès and Foundation CEO Zach Herbert discussed the largest supply chain attack in crypto industry history. Mark Karpelès stated that he discovered the spy implant 3 weeks before the funds were stolen and contacted Ledger, but received no response. The implant had a built-in hidden cellular modem that could directly read the seed phrase on the screen and passed Ledger's own checks; even setting a passphrase could not prevent the seed phrase from being stolen. Mark Karpelès said that with $5 million, he could create an implant that would only be detectable through X-ray. The episode also discussed the hardware wallet reseller model, the Malaysian reseller behind the attack, on-chain tracking of stolen crypto assets, the spread of the attack to Europe, why Trezor was not targeted, hardware wallet security, and multi-party computation solutions. The episode timeline shows that the amount stolen from hardware wallets reached $100 million, with $86 million transferred out within 24 hours.
TRON founder Justin Sun recently gave an exclusive interview to Bonnie Blockchain, making it rare for him to open up about his personal upbringing and industry judgments. Sun revealed that at age nine, he was sent to boarding school by his parents, who later divorced, forcing him to live independently from that point onward. He summarized this experience as "extreme loneliness is also a form of freedom"—while most people do not truly make decisions for themselves until they are 18 or even 30, he began doing so at age nine. This premature independence shaped the underlying mindset behind his later audacious moves, such as paying $6.2 million for an absurdly priced banana, signing deals with Moon, and bidding on a lunch with Warren Buffett. Sun issued a warning regarding Quantum Threat Day (Q-Day), stating that if quantum computers crack Satoshi Nakamoto's early public keys, approximately one million BTC could be unlocked, delivering a catastrophic impact on the market—a risk he believes Wall Street and institutions like BlackRock have severely underestimated. While the Bitcoin community has been slow to upgrade, TRON has already deployed NIST post-quantum cryptography standards on its testnet. Sun also established the "Justin Sun Award," offering up to $1 million in rewards through a vulnerability bounty model for major mathematical breakthroughs, open to both humans and AI, with OpenAI already securing one of the top prizes.
Bybit has announced that starting with App version 5.26.0, the Bybit App homepage will adopt a multi-tab layout, consisting of "All," "Crypto," "Stocks," "Macro Assets," "Earn," and "Alpha."- "Stocks" tab (newly launched): Supports trading over 10,000 stocks and the full range of TradFi perpetual contracts, allows tracking of global index funds, participation in Pre-IPO and IPO Express and other IPO subscription projects, and adds a new "Smart Money Institutional" module to track the capital movements of well-known institutions.- "Macro Assets" tab (newly launched): Brings together commodities, forex, precious metals, and indices, supports BTC versus traditional asset price change comparison, an economic calendar, and a forex cross-rate matrix, with one-click trading.After the redesign, the "All" and "Crypto" tabs have also been optimized, while "Earn" and "Alpha" remain unchanged.Due to local laws and regulations, some of the above tabs, asset categories, or features (including but not limited to "Stocks" and "Macro Assets") may not be available in certain countries/regions, or may differ.
According to a post by Bitcoin Treasuries on X, the BTC-backed preferred stock MORE of UK Bitcoin treasury company The Smarter Web Company has begun trading on the London Stock Exchange Main Market. The preferred stock has an annualized dividend rate of 12%, paid weekly.
According to The Paper, the case of Qian Zhimin, involving over 40 billion yuan in illegal fund-raising and more than 60,000 bitcoins, has seen new progress in China's judicial proceedings. On October 13, the Second Intermediate People's Court of Tianjin Municipality announced that it accepted the case on September 28 concerning an application by the Second Branch of the Tianjin Municipal People's Procuratorate to confiscate the illegal proceeds of criminal suspect Qian Zhimin. The assets targeted for confiscation include 61,896.41552945 bitcoins, 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin SV, 3,605,989.9995 Ripple (XRP), 70,081,208.62553222 Dogecoin, as well as cash, jewelry, financial assets, and other items.
Odaily News: On October 13, the Tianjin Second Intermediate People's Court issued an announcement stating that on September 28, the court filed and accepted a case in which the Tianjin People's Procuratorate Second Branch applied for the forfeiture of illegal gains involving criminal suspect Qian Zhimin. The case involves over 40 billion yuan in illegal fundraising and more than 61,800 bitcoins.According to the list of property subject to forfeiture published by the Tianjin Second Intermediate People's Court, the virtual currencies involved also include approximately 72,700 Bitcoin Cash, approximately 72,700 Bitcoin Gold, approximately 72,700 Bitcoin SV, approximately 3.606 million XRP, and approximately 70.0812 million Dogecoin. The aforementioned Dogecoin has been converted by UK judicial authorities and deposited into an interest-bearing account. The property subject to forfeiture also includes cash in US dollars, euros, and pounds sterling, jewelry, as well as bank balances, investment portfolios, and other assets. The Tianjin People's Procuratorate Second Branch holds that Qian Zhimin is suspected of the crime of fundraising fraud, and after fleeing and being wanted for one year has failed to appear in court. The more than 61,800 bitcoins and other property seized in the UK constitute illegal gains and their proceeds, and should be recovered in accordance with the law, with forfeiture imposed after lawful restitution to the affected fundraising participants.
Odaily News: Singapore Gulf Bank has adopted BNY's 24/7 USD ledger transfer service, allowing eligible corporate and retail clients to settle qualifying USD payments on weekends and U.S. public holidays.The service supports account funding, corporate payables, and time-sensitive cross-border cash management transactions, with USD able to be settled at any time between eligible accounts held directly at BNY or through correspondent banks connected to the network. Singapore Gulf Bank stated that it is among the first financial institutions globally to adopt the system.Bana Akkad Azhari, BNY's Head of Global Payments and Trade for EMEA, said that round-the-clock USD settlement can enhance institutions' flexibility in liquidity management and meeting urgent financial obligations. The service is only available to eligible institutions and accounts and does not replicate permissionless blockchain settlement models. (Bitcoin.com News)
Odaily News: Global automated brokerage Interactive Brokers (IBKR) has announced the launch of a crypto staking service powered by crypto infrastructure company Zerohash. Initially, eligible clients can directly stake or unstake ETH through the Client Portal. Interactive Brokers manages $964.7 billion in client assets and has previously offered trading services for Bitcoin, ETH, Litecoin, and Bitcoin Cash.Staking rewards earned by clients will be automatically added to their staked positions, allowing them to earn additional rewards. Interactive Brokers CEO Milan Galik stated that staking provides clients with the opportunity to earn rewards on the crypto assets they hold. (Bitcoin.com News)
In an official blog post, Coinbase shares technical considerations regarding its transition strategy for Bitcoin to address quantum computing threats. The article points out that quantum computers pose a potential threat to Bitcoin's existing cryptographic system, and migration efforts require years of advance planning. As one of the world's largest cryptocurrency custody institutions, Coinbase holds approximately 5% of the global BTC supply and has already joined the Bitcoin Security Alliance while investing in open-source research support. Key recommendations include adopting flexible output architectures such as P2MR (BIP-360) or P2TRv2 to support the introduction and replacement of post-quantum signature schemes; implementing a 1-of-2 hybrid transition construct that allows funds to retain both classical and post-quantum signature paths simultaneously; prioritizing stateless signature schemes to mitigate state management risks; and requiring candidate schemes to be compatible with Multi-Party Computation (MPC) to meet institutional-grade custody requirements. Coinbase emphasizes that the handling of legacy funds can be discussed in parallel with technical upgrade work and should not hinder the advancement of post-quantum signature support.
Odaily News: According to monitoring by Bitcoin News, well-known hardware security researcher and computer engineer Joe Grand (social media account @joegrand, also known as "Kingpin") stated that in August 2025, a man in Thailand contacted him, claiming to have discovered a compromised Ledger Nano X. The man had previously purchased a cheap Ledger device online to replace the battery in his existing device. After taking the device apart, he found that it contained a smaller battery, unauthorized circuitry, extra wiring, and an antenna. After the man posted his findings on Reddit, he reportedly did not receive much attention from local police, and subsequently contacted Grand to launch an investigation. This discovery came more than a year before the Ledger supply chain attack sparked major public controversy this week; according to reports, nearly $100 million in cryptocurrency was stolen this week.
According to Wintermute's weekly market update, Federal Reserve meeting minutes showed most officials expected another rate hike by year-end, with rate cuts unmentioned, while the US 10-year Treasury yield reached multi-decade highs. Consequently, BTC fell 3.2% this week to around the $83,000 level, ETH dropped 7.0%, and the S&P 500 index rose 1.2% to an all-time high. US spot BTC ETFs recorded weekly net outflows of approximately $679 million, marking the largest single-week outflow since June; ETH ETFs saw outflows of $542 million. CoinGlass data indicates roughly $1.19 billion in liquidations within 24 hours near Thursday's low, with long positions accounting for $1.06 billion. ETH faced additional pressure from news that researchers associated with the Ethereum Foundation advised users to migrate to new addresses. BTC's market share rose to approximately 59.5%, representing the most prominent internal signal of the week. Wintermute noted that amid the Fed's inclination toward rate hikes, yields are unlikely to retreat in the short term. Renewed optimism for crypto markets requires simultaneously meeting two conditions: "stabilization of long-end rates" and "spot ETFs resuming net inflows." It advised closely monitoring Wednesday's September CPI data and earnings reports from financial institutions and AI-related companies this week.
Strategy CEO Phong Le has just announced that he has voted in favor of a proposal to provide daily dividends for all of its U.S. preferred stock. (Bitcoin Treasuries)
According to Newsfile, Zhibao Technology (NASDAQ: ZBAO) has signed a strategic cooperation framework agreement with multi-asset liquid restaking protocol Bedrock to jointly explore the following three areas: 1. On-chain stock tokenization: Exploring the native issuance of its SEC-registered Class A common shares on public blockchains at the transfer agent level as real-world asset (RWA) equity, while retaining full voting rights, dividend rights, and shareholder privileges; 2. Bitcoin treasury yield generation: Evaluating the partial deployment of the company's 2,380 BTC holdings into Bedrock's liquid restaking infrastructure (uniBTC), integrated with a Chainlink-compatible proof of reserves mechanism; 3. DeFi compliance integration: Developing a KYC/AML/sanctions screening framework to enable tokenized shares to interact with issuer-approved decentralized applications, achieving continuous 7×24-hour settlement. Additionally, Zhibao plans to leverage its AI-driven insurtech platform and reinsurance subsidiary to provide embedded insurance solutions for custody, smart contract, and oracle risks within the liquid restaking ecosystem. The framework agreement is currently non-binding, with a formal contract expected to be executed within the next 12 months. Final implementation remains contingent upon meeting compliance requirements from the US SEC, Nasdaq, and relevant Chinese regulatory authorities.
Odaily News: CleanSpark announced it has secured $2.276 billion in funding to complete the construction of the Sandersville data center. The project mined 529 BTC in September and sold 702 BTC, of which 2 BTC were sold through spot trading and 700 BTC through call options at an average selling price of $72,928, reducing its holdings by 173 BTC to 13,530 BTC. CleanSpark will transition to quarterly operational data reporting; with the support of the Meta lease, the data center is expected to generate $6.6 billion in revenue.
blockchain data platform Arkham stated on X that it has tagged Justin Sun's wallet addresses across 10 blockchains, with on-chain assets totaling approximately $2.25 billion. Arkham added that its research team previously ranked Justin Sun in September as the individual holder with the second-largest on-chain holdings, behind only Bitcoin founder Satoshi Nakamoto.
Odaily News: According to Bitcoin News monitoring, the Lightning Development Kit (LDK) has released a security update fixing vulnerabilities that could allow malicious nodes to steal funds. The most severe vulnerability involves Lightning channel reconnection. According to Bitcoin Optech, malicious nodes could falsely claim they did not receive previously confirmed channel updates. The vulnerable LDK software could then sign conflicting commitment transactions without properly recording the relevant transactions, allowing attackers to reclaim Bitcoin after forwarding payments are completed. LDK versions 0.2.7 and 0.1.13 have fixed this vulnerability. As of the reviewed disclosure information, no confirmed losses caused by these specific vulnerabilities have been found.
Odaily News: The Smarter Web Company has announced the completion of a $13.25 million initial public offering (IPO) through MORE, the UK's first Bitcoin-backed preferred stock. MORE will begin trading on the London Stock Exchange Main Market this Wednesday, with the first weekly dividend scheduled to be paid on November 9.
According to The Wall Street Journal, Bitcoin mining company Genesis Digital Assets will transition to an AI data center. In June, SWI Group invested $500 million to acquire a large stake in the company, subsequently becoming the controlling shareholder, and announced on October 12 a funding raise of 8 billion euros (approximately $9 billion) for data center upgrades and expansion.