
Ledger Investigates $86M Losses Linked to CryptoBilis Reseller in Southeast Asia
Hardware wallet maker Ledger is investigating user fund losses traced to a reseller, with blockchain investigator Specter reporting over $86 million stolen.
Essential credibility reporting and analysis for the digital-asset economy.

Hardware wallet maker Ledger is investigating user fund losses traced to a reseller, with blockchain investigator Specter reporting over $86 million stolen.

Raheim Hamilton, co-creator of the Empire Market darknet marketplace, was sentenced to 40 years in federal prison and fined $5 million.

A Manhattan jury convicted Jonathan Spalletta of computer fraud and money laundering for stealing over $50 million from Uranium Finance in 2021.

Former core infrastructure engineer Daniel Rhyne received a 32-month prison sentence for attacking his New Jersey employer's network and demanding a 20 BTC ransom.

Tavus reports its new Griffin-Lite model convinced 48% of participants during one-minute video calls that they were speaking with a real person.

Bitget CEO Gracy Chen stated recovery of the $388 million stolen is unlikely, noting only $1.1 million has been frozen so far.

European Central Bank President Christine Lagarde highlighted systemic risks from artificial intelligence adoption in finance, citing concerns over market misalignment, cyber vulnerabilities, and geopolitical dependencies on frontier models.

An internal FBI memo instructs employees to assume the hacker group ShinyHunters stole personal data on every staffer following a breach of FBIjobs.gov.

Security firm SlowMist identified an August 31 zero-day exploit in a third-party product as the initial vector for the recent $388 million theft from Bitget.

Cointelegraph evaluated major hardware wallets, noting a Ledger Stax lag issue and linking a Coinkite firmware flaw to the theft of about 1,789 BTC worth $114.7 million.

Following a $388 million hack attributed to North Korean actors, Bitget resumed withdrawals, resulting in over 4,000 Bitcoin being moved by users within the first hour.

The European Central Bank is seeking fintechs, payment firms and other organizations to explore the use of AI agents in digital euro payments.