Binance Square
澈澈crypto
71 Posts

澈澈crypto

Frequent Trader
5.4 Years
28 Following
80 Followers
46 Liked
Posts
·
--
🚨 Breaking update: 2 hours ago, MediaMarkt pulled all Ledger hardware wallets from its shelves Europe’s largest electronics retailer, MediaMarktSaturn, announced that it has removed all Ledger devices (the little “USB stick” containing $BTC $ETH ) from more than 1,000 stores and its online shop across 11 countries as a precaution. The incident came to light thanks to a German guy named Johannes: he bought a Ledger at each of two different stores, and when he opened them up, both had been tampered with—extra cables plus a hidden LTE cellular module (with an eSIM). In plain English: the 24 recovery words you see on the screen during setup could be secretly photographed and sent out over a mobile network. You buy a hardware wallet and it comes with its own SIM card. That’s what you call a “physical backstab” 😅 Ledger also responded on X today, and handled it pretty well: ✅ The sales pause was agreed with MediaMarkt—not a falling-out ✅ No loss of funds has been detected in the German incident so far ✅ Ledger’s own systems and servers weren’t breached; the issue was limited to certain retail channels Add another entry to the growing ledger: in the Southeast Asian CryptoBilis case, Bitquery raised its estimated losses for 10–12 to $102M across 324 wallets, and Tether has frozen $10M. The former Mt. Gox CEO also claimed today that a Ledger Flex bought at Singapore airport had been tampered with—unbelievable. The silver lining (if you look hard enough): the retailer reacted quickly, Ledger didn’t pass the buck, and there are no confirmed losses so far. A lucky break in an otherwise bad situation. Just remember this: only buy hardware wallets from the official website or official stores. Don’t touch a “90% new Ledger,” no matter how cheap it is. Where do you keep your recovery phrase? Share in the comments and let’s see whose hiding spot is the most hardcore 😎 For informational purposes only; not investment advice
🚨 Breaking update: 2 hours ago, MediaMarkt pulled all Ledger hardware wallets from its shelves

Europe’s largest electronics retailer, MediaMarktSaturn, announced that it has removed all Ledger devices (the little “USB stick” containing $BTC $ETH ) from more than 1,000 stores and its online shop across 11 countries as a precaution.

The incident came to light thanks to a German guy named Johannes: he bought a Ledger at each of two different stores, and when he opened them up, both had been tampered with—extra cables plus a hidden LTE cellular module (with an eSIM).

In plain English: the 24 recovery words you see on the screen during setup could be secretly photographed and sent out over a mobile network. You buy a hardware wallet and it comes with its own SIM card. That’s what you call a “physical backstab” 😅

Ledger also responded on X today, and handled it pretty well:
✅ The sales pause was agreed with MediaMarkt—not a falling-out
✅ No loss of funds has been detected in the German incident so far
✅ Ledger’s own systems and servers weren’t breached; the issue was limited to certain retail channels

Add another entry to the growing ledger: in the Southeast Asian CryptoBilis case, Bitquery raised its estimated losses for 10–12 to $102M across 324 wallets, and Tether has frozen $10M. The former Mt. Gox CEO also claimed today that a Ledger Flex bought at Singapore airport had been tampered with—unbelievable.

The silver lining (if you look hard enough): the retailer reacted quickly, Ledger didn’t pass the buck, and there are no confirmed losses so far. A lucky break in an otherwise bad situation.

Just remember this: only buy hardware wallets from the official website or official stores. Don’t touch a “90% new Ledger,” no matter how cheap it is.

Where do you keep your recovery phrase? Share in the comments and let’s see whose hiding spot is the most hardcore 😎

For informational purposes only; not investment advice
Three knives held to his face in the middle of the night: British trader robbed of $800,000 at home Just after 9 a.m. today, a verified trader on X with the handle @rrealist posted a tweet that was seen by 1.93 million people: In the middle of the night, someone broke into his home in the UK, tied him up, held three knives to his face, and threatened to kill him. In the end, $800,000 worth of crypto assets was stolen. He later added more details himself, recounting what happened that night: The robbers first accessed his main wallet and transferred out $40,000. Then they forced him to hand over a Ledger hardware wallet, which held another $720,000. Before leaving, they also took his Rolex and smashed his phone—presumably to stop him from calling the police right away. He reported the incident to the police, and the entire house is now a crime scene. Thankfully, apart from a few bruises, he wasn’t stabbed. He also shared the wallet address holding the stolen funds in his post. It can be looked up on Solscan, where the balance at the time was still 346.12 SOL. That’s how crypto is: the whole world can see where the money went, but getting it back is nearly impossible. He reflected: “You hear about this kind of thing all the time, but never think it’ll happen to you.” 💡 A few practical takeaways This is a warning to everyone involved in crypto—and a hard lesson learned the painful way: First, don’t show off how much money you have online. You may think you’re sharing your wins, but to the wrong people, it’s a guide to robbing you: “This person has $800,000 in crypto at home.” Second, physical security matters just as much as on-chain security. Don’t leave hardware wallets somewhere obvious, spread large holdings across different wallets, and don’t put all your eggs in one basket. Third, don’t link your wallet addresses to your identity. The more transparent you are online, the more at risk you may be in real life.
Three knives held to his face in the middle of the night: British trader robbed of $800,000 at home

Just after 9 a.m. today, a verified trader on X with the handle @rrealist posted a tweet that was seen by 1.93 million people:

In the middle of the night, someone broke into his home in the UK, tied him up, held three knives to his face, and threatened to kill him. In the end, $800,000 worth of crypto assets was stolen.

He later added more details himself, recounting what happened that night:

The robbers first accessed his main wallet and transferred out $40,000. Then they forced him to hand over a Ledger hardware wallet, which held another $720,000. Before leaving, they also took his Rolex and smashed his phone—presumably to stop him from calling the police right away.

He reported the incident to the police, and the entire house is now a crime scene. Thankfully, apart from a few bruises, he wasn’t stabbed.

He also shared the wallet address holding the stolen funds in his post. It can be looked up on Solscan, where the balance at the time was still 346.12 SOL. That’s how crypto is: the whole world can see where the money went, but getting it back is nearly impossible.

He reflected: “You hear about this kind of thing all the time, but never think it’ll happen to you.”

💡 A few practical takeaways

This is a warning to everyone involved in crypto—and a hard lesson learned the painful way:

First, don’t show off how much money you have online. You may think you’re sharing your wins, but to the wrong people, it’s a guide to robbing you: “This person has $800,000 in crypto at home.”

Second, physical security matters just as much as on-chain security. Don’t leave hardware wallets somewhere obvious, spread large holdings across different wallets, and don’t put all your eggs in one basket.

Third, don’t link your wallet addresses to your identity. The more transparent you are online, the more at risk you may be in real life.
Verified
🚨Breaking: Russia’s biggest bank is officially getting into crypto trading! Here’s how surreal this is: A few years ago, the Russian central bank’s attitude toward crypto was basically: “Let’s ban it once and for all.” Today? The country’s largest bank, Sberbank, has a license issued by the central bank itself and will let customers buy and sell $BTC, $ETH, and $USDT directly in its banking app starting December 1. Here are a few precise figures that show just how significant this is: 📋 The list of licensed firms updated by Russia’s central bank today: crypto exchange licenses have risen from 4 to 10, custody licenses from 5 to 6, with the two major banks Sberbank and VTB both on the list 📱 Official launch on December 1, with trading available directly on three existing platforms—SberBank Online / SberInvestments / SberBusiness—so users won’t need to download a new app ⏪ For context: just 6 days ago (October 7), it received a custody license, becoming the first in all of Russia to do so. Now it has its trading license too—both licenses secured One caveat: crypto still can’t be used to pay for goods and services inside Russia. That’s been banned since 2022, and nothing has changed. A country that once wanted to ban crypto, now with its biggest bank personally getting into crypto trading—what a plot twist. Even screenwriters wouldn’t dare write this. Let’s talk in the comments: Which country do you think will be next to have its biggest bank get into crypto trading? (Source: CoinDesk, Cointelegraph, reporting on October 13) #Russia For informational purposes only; this is not investment advice
🚨Breaking: Russia’s biggest bank is officially getting into crypto trading!

Here’s how surreal this is:
A few years ago, the Russian central bank’s attitude toward crypto was basically: “Let’s ban it once and for all.”
Today? The country’s largest bank, Sberbank, has a license issued by the central bank itself and will let customers buy and sell $BTC , $ETH , and $USDT directly in its banking app starting December 1.

Here are a few precise figures that show just how significant this is:
📋 The list of licensed firms updated by Russia’s central bank today: crypto exchange licenses have risen from 4 to 10, custody licenses from 5 to 6, with the two major banks Sberbank and VTB both on the list
📱 Official launch on December 1, with trading available directly on three existing platforms—SberBank Online / SberInvestments / SberBusiness—so users won’t need to download a new app
⏪ For context: just 6 days ago (October 7), it received a custody license, becoming the first in all of Russia to do so. Now it has its trading license too—both licenses secured

One caveat: crypto still can’t be used to pay for goods and services inside Russia. That’s been banned since 2022, and nothing has changed.

A country that once wanted to ban crypto, now with its biggest bank personally getting into crypto trading—what a plot twist. Even screenwriters wouldn’t dare write this.

Let’s talk in the comments: Which country do you think will be next to have its biggest bank get into crypto trading?

(Source: CoinDesk, Cointelegraph, reporting on October 13)
#Russia

For informational purposes only; this is not investment advice
🚨Breaking: South Korea just blocked 27 exchange websites in one go! In other words: if you still have assets on KuCoin or MEXC, go check on them now. ① The list is full of familiar names: KuCoin, MEXC, Phemex, Bitrue, BitMart, BingX, CoinW, BTCC, DigiFinex… 27 exchanges, not one left out—all entities that aren’t registered in South Korea but are still secretly serving Korean users. ② The action was taken by South Korea’s Financial Intelligence Unit (FIU), which made the decision after meetings on October 6–7: domestic servers will be shut down, and overseas websites will be blocked. This time, both the apps and websites are being taken down. ③ This isn’t the first time: back in April 2025, they removed 14 apps from Apple’s App Store and 17 from Google Play. This time, they’re plugging the gap on the website front. ④ The one considerate thing: the FIU itself acknowledged that withdrawals could run into snags, and said it would work with DAXA (the Korean exchange alliance) to provide users with withdrawal guidance—the money should be withdrawable, but it may take some effort. Put simply: South Korea is following through on “no license, no business in Korea” to the letter. The stricter the compliance rules, the fewer chances shady platforms have to run off with users’ money. In the long run, that’s not necessarily a bad thing for the industry. Do you still have any U on these exchanges? What was the first thing you did when you saw the news? #韩国 #Regulation (Source: Cointelegraph / South Korea Financial Services Commission FIU announcement) For reference only; this is not investment advice.
🚨Breaking: South Korea just blocked 27 exchange websites in one go!

In other words: if you still have assets on KuCoin or MEXC, go check on them now.

① The list is full of familiar names: KuCoin, MEXC, Phemex, Bitrue, BitMart, BingX, CoinW, BTCC, DigiFinex… 27 exchanges, not one left out—all entities that aren’t registered in South Korea but are still secretly serving Korean users.

② The action was taken by South Korea’s Financial Intelligence Unit (FIU), which made the decision after meetings on October 6–7: domestic servers will be shut down, and overseas websites will be blocked. This time, both the apps and websites are being taken down.

③ This isn’t the first time: back in April 2025, they removed 14 apps from Apple’s App Store and 17 from Google Play. This time, they’re plugging the gap on the website front.

④ The one considerate thing: the FIU itself acknowledged that withdrawals could run into snags, and said it would work with DAXA (the Korean exchange alliance) to provide users with withdrawal guidance—the money should be withdrawable, but it may take some effort.

Put simply: South Korea is following through on “no license, no business in Korea” to the letter. The stricter the compliance rules, the fewer chances shady platforms have to run off with users’ money. In the long run, that’s not necessarily a bad thing for the industry.

Do you still have any U on these exchanges? What was the first thing you did when you saw the news?
#韩国 #Regulation

(Source: Cointelegraph / South Korea Financial Services Commission FIU announcement)
For reference only; this is not investment advice.
🚨 Breaking: New developments in the Ledger supply-chain theft case—the estimated losses have been revised up to $102 million! On 10-12, on-chain investigators Bitquery updated their report: estimated losses from the theft involving tampered Ledger wallets sold through Malaysian distributor CryptoBilis have risen from $86M to $102M, affecting 324 wallets. In other words: hackers added theft circuitry to genuine hardware wallets and sold them as authentic. As soon as users deposited crypto, their funds were remotely swept away. The TRON network took the biggest hit, with losses of $79.3M, while $BTC $16.8M was lost across other networks, including $ETH and BNB Chain. As bad as this is, there are a few bright spots: ① Tether has frozen $10M USDT in 20 associated wallets; ② As of 10-12, around $82M in funds could still be traced on-chain—they haven't completely vanished; ③ Ledger's official direct-sales channels and its own systems were not affected, so there's no need to worry if you bought your device through an official channel; ④ Even CZ weighed in: the hackers "clearly bought the distributor," and the investigation is ongoing. One more reminder: modified Ledger Nano X devices were just discovered today on Amazon and Yahoo Auctions in Japan, too. When buying a hardware wallet, stick to official channels—the shipping you save just isn't worth the risk this time. 📊 Sources: Bitquery / Fintech News Malaysia / Ledger official channels Did you buy your hardware wallet through an official channel? Share in the comments 👇 For informational purposes only; not investment advice
🚨 Breaking: New developments in the Ledger supply-chain theft case—the estimated losses have been revised up to $102 million!

On 10-12, on-chain investigators Bitquery updated their report: estimated losses from the theft involving tampered Ledger wallets sold through Malaysian distributor CryptoBilis have risen from $86M to $102M, affecting 324 wallets.

In other words: hackers added theft circuitry to genuine hardware wallets and sold them as authentic. As soon as users deposited crypto, their funds were remotely swept away. The TRON network took the biggest hit, with losses of $79.3M, while $BTC $16.8M was lost across other networks, including $ETH and BNB Chain.

As bad as this is, there are a few bright spots:

① Tether has frozen $10M USDT in 20 associated wallets;
② As of 10-12, around $82M in funds could still be traced on-chain—they haven't completely vanished;
③ Ledger's official direct-sales channels and its own systems were not affected, so there's no need to worry if you bought your device through an official channel;
④ Even CZ weighed in: the hackers "clearly bought the distributor," and the investigation is ongoing.

One more reminder: modified Ledger Nano X devices were just discovered today on Amazon and Yahoo Auctions in Japan, too. When buying a hardware wallet, stick to official channels—the shipping you save just isn't worth the risk this time.

📊 Sources: Bitquery / Fintech News Malaysia / Ledger official channels

Did you buy your hardware wallet through an official channel? Share in the comments 👇

For informational purposes only; not investment advice
🚨Breaking: Thailand has made its decision! Spot BTC and ETH ETFs officially approved In plain English: From now on, buying Bitcoin in Thailand won’t require the hassle of opening an exchange account or managing your own private keys—you can simply buy ETFs for $BTC and $ETH through your stock account, just like buying shares. 📌 The new rules take effect this Friday (October 16). The Stock Exchange of Thailand (SET) may list spot Bitcoin and Ethereum ETFs. 📌 Only these two coins are approved initially: only those with a sufficiently large market and ample liquidity qualify. 📌 Each fund’s average net exposure to spot assets must exceed 80% of its net assets. Derivatives can’t be used as a substitute—the funds must actually buy the coins. 📌 The coins must be held by local custodians approved by Thailand’s SEC. Overseas custodians can wait for now. The benefits at a glance: ① Another gateway to regulatory compliance has opened in Southeast Asia, making it easier for traditional capital to enter. ② ETFs are convenient for retail investors and reassuring for institutions, with plenty of potential for fresh investment. ③ Thailand had already approved USDT for trading and payments. This latest move builds on that momentum, and the regulatory outlook is becoming increasingly clear. A brief word of caution: The new rules have only just taken effect, and specific products still need to go through the issuer approval process. Don’t rush to go all in before everything is finalized. Market snapshot (live data from TradingView): $BTC is currently at $83,472 (24h +2.11%); $ETH is currently at $2,508.5 (24h +2.62%). Source: Official announcement from Thailand’s SEC (as reported by crypto media today) #ETF Which Asian country do you think will be next to give the green light? Name your pick in the comments. For informational purposes only; not investment advice.
🚨Breaking: Thailand has made its decision! Spot BTC and ETH ETFs officially approved

In plain English: From now on, buying Bitcoin in Thailand won’t require the hassle of opening an exchange account or managing your own private keys—you can simply buy ETFs for $BTC and $ETH through your stock account, just like buying shares.

📌 The new rules take effect this Friday (October 16). The Stock Exchange of Thailand (SET) may list spot Bitcoin and Ethereum ETFs.
📌 Only these two coins are approved initially: only those with a sufficiently large market and ample liquidity qualify.
📌 Each fund’s average net exposure to spot assets must exceed 80% of its net assets. Derivatives can’t be used as a substitute—the funds must actually buy the coins.
📌 The coins must be held by local custodians approved by Thailand’s SEC. Overseas custodians can wait for now.

The benefits at a glance:
① Another gateway to regulatory compliance has opened in Southeast Asia, making it easier for traditional capital to enter.
② ETFs are convenient for retail investors and reassuring for institutions, with plenty of potential for fresh investment.
③ Thailand had already approved USDT for trading and payments. This latest move builds on that momentum, and the regulatory outlook is becoming increasingly clear.

A brief word of caution: The new rules have only just taken effect, and specific products still need to go through the issuer approval process. Don’t rush to go all in before everything is finalized.

Market snapshot (live data from TradingView): $BTC is currently at $83,472 (24h +2.11%); $ETH is currently at $2,508.5 (24h +2.62%).

Source: Official announcement from Thailand’s SEC (as reported by crypto media today)

#ETF

Which Asian country do you think will be next to give the green light? Name your pick in the comments.

For informational purposes only; not investment advice.
🚨 I opened the charts this morning and sounded the alarm for you first: Help—— 📌$BTC $81,500, down 2.76% in 24h. The 7-day moving average ($83,252) and 25-day moving average ($83,789) are looming overhead like two giant legs—translation: a moving average is the average price over the past N days. When the price stays below it for a while, it means the short-term bulls are getting pinned down. Any bounce to $83,200–$83,800 would be a welcome party for the bears. 📌$ETH $2,427.05, down 4.46% in 24h—just a bubble tea away from its 14-day low of $2,406.4. RSI is 46.5, still sitting on the sidelines, not yet in oversold territory. 📌$APT $0.7904, plunging 12.27% in 24h—the most battered one in the market today. It even hit $0.915 at its 24h high; one day wiped out a month's worth of good vibes. **Short-term outlook: bearish. For $BTC , first watch whether it can hold $81,300 (the 24h low). If it can't, it may go knock on the door at $80,400 (the 10-09 low).** There is some good news, though: RSI isn't oversold yet. If the price really drops near $80,400, bulls may step in to buy. Bottom-fishers, you can set your alarm for then⏰ (Data as of 8:27 this morning; live OKX spot prices) SOL ($104.15, −6.36%) and BNB ($727.2, −3.48%) are also lining up to take their turns leading the declines. Are you planning to buy the dip today, or keep lying low and playing dead? See you in the comments👇 For reference only; this is not investment advice
🚨 I opened the charts this morning and sounded the alarm for you first: Help——

📌$BTC $81,500, down 2.76% in 24h. The 7-day moving average ($83,252) and 25-day moving average ($83,789) are looming overhead like two giant legs—translation: a moving average is the average price over the past N days. When the price stays below it for a while, it means the short-term bulls are getting pinned down. Any bounce to $83,200–$83,800 would be a welcome party for the bears.

📌$ETH $2,427.05, down 4.46% in 24h—just a bubble tea away from its 14-day low of $2,406.4. RSI is 46.5, still sitting on the sidelines, not yet in oversold territory.

📌$APT $0.7904, plunging 12.27% in 24h—the most battered one in the market today. It even hit $0.915 at its 24h high; one day wiped out a month's worth of good vibes.

**Short-term outlook: bearish. For $BTC , first watch whether it can hold $81,300 (the 24h low). If it can't, it may go knock on the door at $80,400 (the 10-09 low).**

There is some good news, though: RSI isn't oversold yet. If the price really drops near $80,400, bulls may step in to buy. Bottom-fishers, you can set your alarm for then⏰

(Data as of 8:27 this morning; live OKX spot prices)

SOL ($104.15, −6.36%) and BNB ($727.2, −3.48%) are also lining up to take their turns leading the declines. Are you planning to buy the dip today, or keep lying low and playing dead? See you in the comments👇

For reference only; this is not investment advice
$SOL Two scenarios for tonight 📜 Here’s the breakdown: 110.8 is stuck in the middle, with resistance at 112.5 above and support at 108.8 below. Which way will it go tonight? That depends on whether the bears show any mercy. Scenario 1: 108.8 holds and price stabilizes. The bulls catch their breath, and the next level to watch is 112.5. You can hold your position. Scenario 2: Price breaks below 108.8 on strong volume. Don’t try to catch a falling knife—wait and reassess at the 108 round-number level. Which scenario is more likely? Scenario 1. Why: The 48-hour low of 108.8 has held before, and there are still buyers above 110. It doesn’t look like a straight plunge. Pros: Clear levels. If 108.8 breaks, get out—you’ll know exactly what you’ve lost. Cons: If the broader market leads a sell-off, SOL has never been one to sit it out, and 108 may not hold either. For reference only; this is not investment advice.
$SOL Two scenarios for tonight 📜

Here’s the breakdown: 110.8 is stuck in the middle, with resistance at 112.5 above and support at 108.8 below. Which way will it go tonight? That depends on whether the bears show any mercy.

Scenario 1: 108.8 holds and price stabilizes. The bulls catch their breath, and the next level to watch is 112.5. You can hold your position.
Scenario 2: Price breaks below 108.8 on strong volume. Don’t try to catch a falling knife—wait and reassess at the 108 round-number level.

Which scenario is more likely? Scenario 1. Why: The 48-hour low of 108.8 has held before, and there are still buyers above 110. It doesn’t look like a straight plunge.

Pros: Clear levels. If 108.8 breaks, get out—you’ll know exactly what you’ve lost.
Cons: If the broader market leads a sell-off, SOL has never been one to sit it out, and 108 may not hold either.

For reference only; this is not investment advice.
Verified
$APT monthly unlocks cut by 60%+; foundation locks up 210 million tokens. Can the bears sleep tonight? 🔥 1. **A historic tightening of supply**: Monthly unlocks are cut from 11.31M to 4.54M, a 60% reduction. Today’s unlock is the last one under the old schedule; the 2.1 billion hard cap has been approved through governance. The foundation’s 210 million tokens are permanently locked and will earn interest rather than be sold—effectively removing sell pressure equivalent to 18% of the circulating supply. 2. **Price action has already voted**: APT held the 200-day moving average on October 8 and rose 11% after the news broke. It’s now at $0.92–0.94, up 13–15% over 24 hours and 17.5% so far in October. 3. **The ecosystem is delivering**: Aave has launched (its first non-EVM deployment); Decibel’s full-chain DEX launched in September; PACT has brought over $1 billion in on-chain assets; and the testnet has surpassed 10 billion transactions. Google Cloud and Microsoft are both working on validator nodes and infrastructure partnerships. 4. **There are still more cards to play**: The foundation says it is exploring using its cash reserves to buy back APT. Gas fees are set to increase 10x, with all fees burned. If Decibel surpasses 100 markets next year, annual burns could exceed 32 million tokens. {future}(APTUSDT) {future}(BTCUSDT) {future}(ETHUSDT)
$APT monthly unlocks cut by 60%+; foundation locks up 210 million tokens. Can the bears sleep tonight? 🔥

1. **A historic tightening of supply**: Monthly unlocks are cut from 11.31M to 4.54M, a 60% reduction. Today’s unlock is the last one under the old schedule; the 2.1 billion hard cap has been approved through governance. The foundation’s 210 million tokens are permanently locked and will earn interest rather than be sold—effectively removing sell pressure equivalent to 18% of the circulating supply.

2. **Price action has already voted**: APT held the 200-day moving average on October 8 and rose 11% after the news broke. It’s now at $0.92–0.94, up 13–15% over 24 hours and 17.5% so far in October.

3. **The ecosystem is delivering**: Aave has launched (its first non-EVM deployment); Decibel’s full-chain DEX launched in September; PACT has brought over $1 billion in on-chain assets; and the testnet has surpassed 10 billion transactions. Google Cloud and Microsoft are both working on validator nodes and infrastructure partnerships.

4. **There are still more cards to play**: The foundation says it is exploring using its cash reserves to buy back APT. Gas fees are set to increase 10x, with all fees burned. If Decibel surpasses 100 markets next year, annual burns could exceed 32 million tokens.

🚨 The “money-printing machine” bug that lay dormant for 11 years: $XRP could almost have been conjured out of thin air A security report published by the XRP Ledger community on October 9 was followed up by CoinDesk today: a payment-engine integer overflow vulnerability had been lurking since 2015. In plain English: an attacker could open hundreds of accounts, place a bunch of absurd offers like “trade 10 cents for a fortune in $XRP,” then sweep them all up in a single payment. When the ledger calculated the total, the number would overflow and wrap to zero. Sellers would receive the full amount, while buyers would get almost everything for free—the difference would be XRP conjured out of thin air. 😱 Keep in mind that $XRP ’s hard cap of 100 billion tokens is built into its DNA. This bug was basically a backdoor to the money-printing machine. Three pieces of good news worth celebrating: ① On September 22, white-hat researchers Cayden Liao and Veria AI reported the issue through the bug bounty program. xrpld 3.4.1 was quietly patched on September 25—just three days from report to fix. ② On the day of the fix, over 80% of validators on the default trusted list had already upgraded. ③ RippleX reproduced and confirmed the issue on an isolated server: there is currently no evidence that any mainnet was exploited. One small downside: this fix bypassed the usual amendment vote—for the first time in over a decade, suggesting the officials themselves were pretty shaken up. #XRP holders, does this story of a “near-bypass of the hard supply cap” count as the year’s most hair-raising security incident? Let’s discuss in the comments 👇 For informational purposes only; not investment advice
🚨 The “money-printing machine” bug that lay dormant for 11 years: $XRP could almost have been conjured out of thin air

A security report published by the XRP Ledger community on October 9 was followed up by CoinDesk today: a payment-engine integer overflow vulnerability had been lurking since 2015.

In plain English: an attacker could open hundreds of accounts, place a bunch of absurd offers like “trade 10 cents for a fortune in $XRP ,” then sweep them all up in a single payment. When the ledger calculated the total, the number would overflow and wrap to zero. Sellers would receive the full amount, while buyers would get almost everything for free—the difference would be XRP conjured out of thin air.

😱 Keep in mind that $XRP ’s hard cap of 100 billion tokens is built into its DNA. This bug was basically a backdoor to the money-printing machine.

Three pieces of good news worth celebrating:
① On September 22, white-hat researchers Cayden Liao and Veria AI reported the issue through the bug bounty program. xrpld 3.4.1 was quietly patched on September 25—just three days from report to fix.
② On the day of the fix, over 80% of validators on the default trusted list had already upgraded.
③ RippleX reproduced and confirmed the issue on an isolated server: there is currently no evidence that any mainnet was exploited.

One small downside: this fix bypassed the usual amendment vote—for the first time in over a decade, suggesting the officials themselves were pretty shaken up.

#XRP holders, does this story of a “near-bypass of the hard supply cap” count as the year’s most hair-raising security incident? Let’s discuss in the comments 👇

For informational purposes only; not investment advice
🚨 Breaking: The WSJ is taking another shot at Binance—is it Iran’s “financial lifeline”? 📌 First, the hard numbers (from the WSJ investigation published today): 🔸 An account Binance internally classified as a “high-value customer” was operated by the crypto firm of Iranian businessman Babak Zanjani. U.S. and Israeli authorities have identified Zanjani as a veteran operator of a covert payment network for Iran’s Islamic Revolutionary Guard Corps (IRGC). 🔸 An 80-page internal Binance report reviewed by the WSJ shows that 21 trading accounts were linked to this network and had collectively traded $850 million on Binance, mostly through the company’s corporate account. 🔸 At least $67 million flowed from two of the accounts to digital wallets linked to the IRGC. 🗣 In plain English: Binance’s internal investigators had raised the alarm long ago. But since this was a “high-value customer” (low fees + dedicated service), kicking them off required senior management approval. Binance says it shut down these accounts at the end of 2025 and closed the last one in May this year. 🧠 A little context: This is a follow-up to the WSJ’s May report (back then, CEO Richard Teng posted a three-part Fact Check rebuttal); in 2023, Binance had just paid a $4.3 billion settlement; and yesterday Bloomberg reported that the U.S. Department of Justice is reviewing whether Binance complied with its 2023 settlement agreement—the buffs are really stacking up. $BNB holders say: this saga is huge—and bitter. So, here’s the question: do you think this investigation will cost Binance big again? Let’s talk in the comments 👇 Source: The Wall Street Journal investigation published October 10 For informational purposes only; not investment advice.
🚨 Breaking: The WSJ is taking another shot at Binance—is it Iran’s “financial lifeline”?

📌 First, the hard numbers (from the WSJ investigation published today):
🔸 An account Binance internally classified as a “high-value customer” was operated by the crypto firm of Iranian businessman Babak Zanjani. U.S. and Israeli authorities have identified Zanjani as a veteran operator of a covert payment network for Iran’s Islamic Revolutionary Guard Corps (IRGC).
🔸 An 80-page internal Binance report reviewed by the WSJ shows that 21 trading accounts were linked to this network and had collectively traded $850 million on Binance, mostly through the company’s corporate account.
🔸 At least $67 million flowed from two of the accounts to digital wallets linked to the IRGC.

🗣 In plain English:
Binance’s internal investigators had raised the alarm long ago. But since this was a “high-value customer” (low fees + dedicated service), kicking them off required senior management approval. Binance says it shut down these accounts at the end of 2025 and closed the last one in May this year.

🧠 A little context:
This is a follow-up to the WSJ’s May report (back then, CEO Richard Teng posted a three-part Fact Check rebuttal); in 2023, Binance had just paid a $4.3 billion settlement; and yesterday Bloomberg reported that the U.S. Department of Justice is reviewing whether Binance complied with its 2023 settlement agreement—the buffs are really stacking up.

$BNB holders say: this saga is huge—and bitter.

So, here’s the question: do you think this investigation will cost Binance big again? Let’s talk in the comments 👇

Source: The Wall Street Journal investigation published October 10
For informational purposes only; not investment advice.
🚨 1 hour ago: The Ledger thief has started laundering the money! Let me translate: The suspect split 430.2 $ETH (about $1.07 million) across 4 wallets and deposited it into Tornado Cash. Once the money goes in, on-chain tracking is basically out of the picture. Latest updates (monitored by Lookonchain / Onchain Lens): ① The wallets involved still hold about $70.6 million: 11,406 $ETH (about $28.35 million), 213.371 $BTC (about $17.65 million), 13.646 million USDD, and 10.909 million USDT ② Some of the stolen funds flowed into a Binance hot wallet—translation: they went to a major exchange's address, and cashing out means going through KYC. That's a pretty "bold" move. ③ Tether has frozen some of the funds; the suspect is swapping USDT for USDD to play hide-and-seek The overall picture: On-chain investigator Specter has tracked $BTC, $ETH, and TRON across hundreds of victim wallets, with more than $86 million involved (Ledger has yet to be definitively confirmed). Arkham has tagged 152 addresses as "ledger-drainer," with a visible balance of about $71.6 million. On the official front: Ledger has asked its Southeast Asian distributor CryptoBilis to suspend shipments. Anyone who bought a device should hurry and switch to a new device + a new recovery phrase. Translation of the official wording: "under investigation" = they really are investigating; "precautionary measures" = clear the shelves first, and talk later. The key takeaway: Don't buy hardware wallets from shady sources just because they're cheap. Waiting a few extra days for one shipped directly from the official website is better than losing your coins. There's still over $70 million sitting untouched in the hacker's wallets. Where do you think the next batch of stolen funds will go? For informational purposes only; not investment advice.
🚨 1 hour ago: The Ledger thief has started laundering the money!

Let me translate: The suspect split 430.2 $ETH (about $1.07 million) across 4 wallets and deposited it into Tornado Cash. Once the money goes in, on-chain tracking is basically out of the picture.

Latest updates (monitored by Lookonchain / Onchain Lens):
① The wallets involved still hold about $70.6 million: 11,406 $ETH (about $28.35 million), 213.371 $BTC (about $17.65 million), 13.646 million USDD, and 10.909 million USDT
② Some of the stolen funds flowed into a Binance hot wallet—translation: they went to a major exchange's address, and cashing out means going through KYC. That's a pretty "bold" move.
③ Tether has frozen some of the funds; the suspect is swapping USDT for USDD to play hide-and-seek

The overall picture: On-chain investigator Specter has tracked $BTC , $ETH , and TRON across hundreds of victim wallets, with more than $86 million involved (Ledger has yet to be definitively confirmed). Arkham has tagged 152 addresses as "ledger-drainer," with a visible balance of about $71.6 million.

On the official front: Ledger has asked its Southeast Asian distributor CryptoBilis to suspend shipments. Anyone who bought a device should hurry and switch to a new device + a new recovery phrase. Translation of the official wording: "under investigation" = they really are investigating; "precautionary measures" = clear the shelves first, and talk later.

The key takeaway: Don't buy hardware wallets from shady sources just because they're cheap. Waiting a few extra days for one shipped directly from the official website is better than losing your coins.

There's still over $70 million sitting untouched in the hacker's wallets. Where do you think the next batch of stolen funds will go?

For informational purposes only; not investment advice.
🚨Breaking: Ledger hardware wallets may have been hit by a “fake” supply-chain attack, with losses nearing $90 million! CoinDesk reported on the evening of 10-09: Hardware wallet giant Ledger is investigating a theft involving its Southeast Asian distributor CryptoBilis—a suspected supply-chain attack in which devices may have been tampered with before leaving the factory. In other words: The cold wallet you think is safest may have arrived as a “compromised version.” The figures are precise down to the decimal (sources: CoinDesk, lookonchain, and on-chain investigator Specter): ① Three chains hit: Hundreds of wallets across $BTC, $ETH, and TRON have been affected. More than $86 million has been confirmed stolen, and the total is still rising. ② Latest development (about 10 hours ago): The user at address TY24Ya bought a device from CryptoBilis three weeks ago and deposited 7 million USDT. The funds were completely wiped out—the biggest single loss in this incident. ③ Another user lost 80 BTC (about $5.2 million). They bought the dip at $65,000 four months ago, and now it’s all gone. Ledger has officially asked CryptoBilis to suspend all sales and shipments. Anyone who bought a device from them in the past 90 days should hold off on initializing it. Those who have already activated theirs should transfer their assets using a new device and a new recovery phrase as soon as possible. CZ has also spoken out, calling on the BNB ecosystem to help track the funds. This isn’t Ledger’s brand itself at fault; a “fake” got into the supply chain. In a nutshell: Only buy hardware wallets from the official website. Saving a few bucks with a third party could mean gambling your entire fortune. #Ledger Where did you buy your hardware wallet? Have you checked it? 👇 For informational purposes only; not investment advice.
🚨Breaking: Ledger hardware wallets may have been hit by a “fake” supply-chain attack, with losses nearing $90 million!

CoinDesk reported on the evening of 10-09: Hardware wallet giant Ledger is investigating a theft involving its Southeast Asian distributor CryptoBilis—a suspected supply-chain attack in which devices may have been tampered with before leaving the factory.

In other words: The cold wallet you think is safest may have arrived as a “compromised version.”

The figures are precise down to the decimal (sources: CoinDesk, lookonchain, and on-chain investigator Specter):
① Three chains hit: Hundreds of wallets across $BTC , $ETH , and TRON have been affected. More than $86 million has been confirmed stolen, and the total is still rising.
② Latest development (about 10 hours ago): The user at address TY24Ya bought a device from CryptoBilis three weeks ago and deposited 7 million USDT. The funds were completely wiped out—the biggest single loss in this incident.
③ Another user lost 80 BTC (about $5.2 million). They bought the dip at $65,000 four months ago, and now it’s all gone.

Ledger has officially asked CryptoBilis to suspend all sales and shipments. Anyone who bought a device from them in the past 90 days should hold off on initializing it. Those who have already activated theirs should transfer their assets using a new device and a new recovery phrase as soon as possible. CZ has also spoken out, calling on the BNB ecosystem to help track the funds.

This isn’t Ledger’s brand itself at fault; a “fake” got into the supply chain. In a nutshell: Only buy hardware wallets from the official website. Saving a few bucks with a third party could mean gambling your entire fortune.
#Ledger

Where did you buy your hardware wallet? Have you checked it? 👇
For informational purposes only; not investment advice.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs