Something has gone wrong with Ledger hardware wallets: crypto assets worth more than $86 million may have been stolen.
The scariest part isn’t losing money. It’s thinking your coins are absolutely safe just because they’re stored in a cold wallet.
Ledger is currently investigating. The issue involves Southeast Asian reseller CryptoBilis, but the exact cause has not yet been determined.
This incident is also a reminder to everyone holding a lot of BTC:
A cold wallet does not mean absolute safety.
If you hold a significant amount of BTC, I recommend taking these precautions seriously.
1. Buy hardware wallets through official channels whenever possible. Don’t choose a device from an unknown source just because it’s cheaper.
2. Generate your recovery phrase yourself on a trusted device. If a wallet comes with a recovery phrase already included, never use it.
3. Never photograph or screenshot your recovery phrase, upload it to cloud storage, or enter it on any website. Whoever gets your recovery phrase may be able to take your coins.
4. Store large amounts of BTC in a dedicated wallet for the long term. Don’t connect it to all kinds of websites every day or sign transactions you don’t understand.
5. When making a transfer, always check the address and amount on your hardware wallet’s screen. Don’t trust only what your computer displays.
And one more thing that’s especially important:
If you suspect your wallet or recovery phrase has been compromised, changing your password won’t help. Neither will factory-resetting the device and continuing to use the old recovery phrase.
Generate a brand-new recovery phrase on a trusted, new device, and transfer your remaining assets to it as soon as possible.
In response to this incident, Ledger has also advised users who recently bought devices from the reseller involved to take precautions.
Every day, we think about how to increase our BTC holdings.
But sometimes, protecting the BTC you’ve already earned matters more than earning even more.
The cruelest thing in crypto isn’t missing out on a bull run.
It’s watching all the coins you worked hard to accumulate for five years disappear overnight.
Bitcoin has rebounded, but ETF funds are flowing out like crazy. Can it break through $84,800? Is a big move coming—a massive bullish candle? October 2026 10#Ledger暂停CryptoBilis销售 #比特币反弹至8.3万美元
Not everyone in the crypto world can be like CZ—financial freedom, a complete family, and a large fortune that needs to be inherited. He had 4 children (as far as is known).
“Bao Er Ye” is also financially free. As for those with assets who are action-takers, they just have 11 children—and still want to keep having more.
These people all have the mindset of the Chinese: in the past, emperors’ palaces and noble families all had to have many children. Even now, that hasn’t changed. Take the gambling king, or the founder of Wahaha—no matter what their children turn out like, they’re all inheritors of seemingly endless wealth. They just need to be born, and they’ll compete among themselves.
Wealth is passed down through having babies.
If you don’t even have a few coins in your pocket, survival is already a problem. You should study how to have kids—produce a whole bunch. But you can’t even get full on meals. It’s like someone with their forehead jammed into a bowl of excrement. First, work and grind to get the money up—then have children.
So that their family line can be passed down, and to ensure that thousands of years from now, outstanding genes are still carried forward.
What to do next
Accumulate enough Bitcoin for what you need.
As for how to accumulate Bitcoin, I’ll explain in the next episode.
Bitcoin is about to tank, and this isn't just FUD! Are we looking at a bottom entry point for quality crypto assets in the US stock market? 2026-06-01 #比特币 #美股超话
What to watch out for now (in this 2026 cycle) If you recently noticed: BNB OKB BGB HTX ecosystem tokens clearly outperforming BTC You need to keep an eye on a few indicators: Scenario 1 BTC is sideways Exchange tokens are rising Volume isn’t increasing This is a red flag. Explanation: It's just existing funds flipping the exchange concept. Scenario 2 BTC hits new highs Exchange tokens follow suit Volume explodes This signals a healthy bull market. Scenario 3 Exchange tokens are skyrocketing MEMEs are going wild BTC is stagnant This is the phase I’m most wary of. Historically, near market tops, we see: Beta rising, Alpha dropping. Everyone starts chasing the trashiest assets. #平台币
Next up, the most likely happenings in the crypto space. For instance: OTC crackdowns Restrictions on U cards Tightening of withdrawals
Right now, it’s best to cash out some USDT, convert it to RMB, and set aside living expenses for the next year and a half, or else you might end up making hasty moves in a panic. #Bitcoin #Crypto #Macaron ##以太坊质押比率创历史新高
Bitcoin would have dropped by now if it were going to, staying above 90,000 USD for a long time, currently building up a major move with significant upside, be cautious of risks, a single surge could push it above 100,000 USD #美国非农数据低于预期 #Solana涨势分析
Good morning, since the drop on October 11th, liquidity issues have arisen, and Bitcoin has entered a prolonged recovery phase. This week's rebound has retested the level of $95,000, indicating a return of liquidity. However, to break through significantly, a massive bullish candle is needed. The identity of the major player behind this candle requires further research. #币安上线币安人生 #加密市场反弹
At the end of the day, what people compete on isn't ability or knowledge, but fate. When I was young, I believed 'my fate is in my hands, not in the heavens.' Now I have to admit, I don't know if it's because I'm getting old or my spirit has faded. I made a fortune equivalent to a hundred lifetimes of an ordinary person through luck, only to lose it all. Life has seen great highs and lows, and my mood rises and falls with the market. If I had known the outcome, would I still have kept gambling?
Now looking back, I remember reading a book called 'Four Teachings of Liufan,' which teaches that doing good deeds and accumulating virtue can change one's destiny. May we all improve our fate. #比特币2026年价格预测