The latest news: several major stories have landed at once, leaving the market as calm as a pot of lukewarm water.
On the AI front, $Coinbase has made a big move. Its CEO said the company fine-tuned the open-source model Qwen3.5-9B using internal data, and that it outperformed frontier models on anti-fraud tasks while also being cheaper and faster. A small model beating the big ones—now that’s an interesting plot twist.
In crypto security, the investigation into the Ledger implant attack is ongoing. SlowMist’s Cosine said that a closely linked case involved the Ledger Flex model, while Ledger’s own update said only a limited number of devices were affected and that all confirmed cases came through Southeast Asian reseller CryptoBilis. Wallet security is no small matter, and you need to pay attention to where you buy your hardware. Elsewhere, the XRP Ledger Foundation clarified that the vulnerability did not create additional $XRP ; the total supply remains firmly capped at 100 billion.
There’s plenty happening on-chain. Billionaire Adam Weitsman snapped up 117 Pudgy Penguins directly on-chain, saying he wanted to support the community during a difficult time and give holders a morale boost. A wallet linked to the Ethereum Foundation was also active: 4,393 tokens worth $11.13 million were transferred to Kraken from $ETH —a move that longtime crypto investors know how to read.
In the markets, crypto-related stocks continued to rise in overnight U.S. trading. IREN gained more than 5%, reportedly after signing a cloud services deal with Anthropic; Circle rose more than 2%, while Strategy and Coinbase were up nearly 2%. South Korean stocks had a rougher time, with the KOSPI’s intraday loss widening to 2%. SK Hynix fell 3.2% and Samsung Electronics dropped 1.9%.
The crypto market itself is moving sideways. BTC briefly broke above $84,000 early this morning, while ETH stood at $2,535, BNB at $754, and SOL at $111. Layer 2 scaling and modular projects led the gains, with gaming token MAGIC surging nearly 40% and ZEC up 4.48%.
That’s the story so far. Do you think this crisis of trust in hardware wallets will affect your confidence in continuing to hold BTC?
On the AI front, $Coinbase has made a big move. Its CEO said the company fine-tuned the open-source model Qwen3.5-9B using internal data, and that it outperformed frontier models on anti-fraud tasks while also being cheaper and faster. A small model beating the big ones—now that’s an interesting plot twist.
In crypto security, the investigation into the Ledger implant attack is ongoing. SlowMist’s Cosine said that a closely linked case involved the Ledger Flex model, while Ledger’s own update said only a limited number of devices were affected and that all confirmed cases came through Southeast Asian reseller CryptoBilis. Wallet security is no small matter, and you need to pay attention to where you buy your hardware. Elsewhere, the XRP Ledger Foundation clarified that the vulnerability did not create additional $XRP ; the total supply remains firmly capped at 100 billion.
There’s plenty happening on-chain. Billionaire Adam Weitsman snapped up 117 Pudgy Penguins directly on-chain, saying he wanted to support the community during a difficult time and give holders a morale boost. A wallet linked to the Ethereum Foundation was also active: 4,393 tokens worth $11.13 million were transferred to Kraken from $ETH —a move that longtime crypto investors know how to read.
In the markets, crypto-related stocks continued to rise in overnight U.S. trading. IREN gained more than 5%, reportedly after signing a cloud services deal with Anthropic; Circle rose more than 2%, while Strategy and Coinbase were up nearly 2%. South Korean stocks had a rougher time, with the KOSPI’s intraday loss widening to 2%. SK Hynix fell 3.2% and Samsung Electronics dropped 1.9%.
The crypto market itself is moving sideways. BTC briefly broke above $84,000 early this morning, while ETH stood at $2,535, BNB at $754, and SOL at $111. Layer 2 scaling and modular projects led the gains, with gaming token MAGIC surging nearly 40% and ZEC up 4.48%.
That’s the story so far. Do you think this crisis of trust in hardware wallets will affect your confidence in continuing to hold BTC?