Ledger Asks Resellers in Seven Asian Markets to Pull Devices After Suspected $86M Drain

LexeConnect: connect a self-custodial Lightning wallet to any app in one tap

LexeConnect introduces a new solution designed to allow users to effortlessly connect their self-custodial Lightning wallets to any application with a single tap. This development aims to significantly improve the user experience for the Bitcoin Lightning Network, fostering increased adoption and simplifying the process of managing self-custodied funds. By streamlining the interaction between various decentralized applications and Lightning wallets, LexeConnect supports the broader objective of making Bitcoin more accessible and integrated into everyday digital transactions, thereby strengthening user sovereignty and control over their assets. The innovation focuses on practical usability, bridging the gap between advanced self-custody technologies and a seamless user interface, which is crucial for mainstream engagement with Bitcoin's layer-2 scaling solution.

Trezor Cuts Its Resellers After Ledger Finds Spy Implant in Crypto Wallets

Trezor Reduces Number of Resellers Following Ledger Drainage Incident 

Ledger confirms hardware implant in CryptoBilis reseller units as MediaMarkt suspends sales in Europe

UK High Court rules Chinese law governs claims over $5 billion in seized bitcoin

Chinese fraud victims lose key court battle over 61,000 Bitcoin

Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data

A Bitcoin whale has executed a significant movement of 4,582 BTC, valued at approximately $378 million, from a wallet that had been dormant for several years. On-chain data indicates that this wallet originally received the 4,582 BTC in March 2020, when its total worth was considerably lower at around $40.8 million.

Ledger Investigates Fund Losses Tied to Southeast Asian Reseller After Implant Found in Device

Bitcoin: Firmar una transacción no es lo mismo que transmitirla.

What’s the dumbest thing you did with Bitcoin when you were new?

South Korea just got its first traditional bank loans backed by bitcoin

South Korea has introduced its first traditional bank loans secured by Bitcoin, marking a notable development in the integration of digital assets with conventional finance. These innovative financial products utilize third-party custodians to manage the Bitcoin collateral, ensuring secure holding of the digital assets. A critical component of these loan agreements is the default resolution mechanism, which relies on court-ordered sales of the collateralized Bitcoin should a borrower fail to meet their repayment obligations. This establishes a legal framework for the recovery process and highlights the evolving regulatory landscape surrounding Bitcoin-backed financial instruments in the region.

Adam Back: Blockstream's 2FA Multisig Is Not Self-Custody

South Korean bank launches Bitcoin-backed business loans: Report

Jeonbuk Bank, a financial institution based in South Korea, has reportedly begun offering a new type of business loan where corporate customers can use Bitcoin as collateral. This service allows companies to secure traditional financing by pledging their cryptocurrency holdings. A critical component of this offering involves a designated third-party custodian responsible for the secure storage and management of the Bitcoin assets used as collateral. This move by Jeonbuk Bank reflects a growing trend of mainstream financial institutions integrating Bitcoin into their core services, specifically catering to the needs of the corporate sector and highlighting the increasing institutional adoption of digital assets within the traditional banking framework.

[BIP Draft] Co-signer Spending Policies

Phishing link posted by official COLDCARD X/Twitter account

The official X/Twitter account for COLDCARD, a prominent manufacturer of Bitcoin hardware wallets, reportedly posted a phishing link. This incident represents a significant security alert for Bitcoin users who rely on COLDCARD for self-custody or follow their official channels for updates. Such an event highlights the persistent threat of social engineering and account compromises even among trusted entities in the Bitcoin ecosystem. It underscores the critical need for users to verify all links and exercise extreme caution before interacting with any content, especially those requesting sensitive information or access to funds. The potential compromise of a major hardware wallet's communication channel can lead to widespread loss if users fall victim to the scam, thereby emphasizing the importance of robust operational security practices for both individual users and companies operating in the Bitcoin space.

NDS-Signer: a SeedSigner on a Nintendo DSi & PSBTs as phone tones and more

Spy implant in Ledger hardware wallets

Ledger Warns Buyers Not to Set Up Wallets From Reseller After Users Report Losses

Hardware wallet manufacturer Ledger has issued a warning to buyers, advising them against setting up wallets acquired from unauthorized resellers. This caution comes after multiple users reported that their wallets were drained of funds. Ledger is currently investigating these incidents. The article, published by Bitcoin Magazine, emphasizes the critical importance of operational security for individuals relying on hardware wallets for self-custody, urging users to purchase devices directly from official channels to prevent potential losses and ensure the safety of their Bitcoin holdings.

MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI

Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round

A video tour of Coinos Version 3

Satoshi-Era Bitcoin Worth $8.3 Million Moves After 16 Years

A block of 100.02 Bitcoin, originating from mining activity in July 2010, was recently transferred after remaining untouched for 16 years. The current value of these coins is estimated at $8.3 million. The transaction provides no identifiable information regarding the current owner of these Satoshi-era funds.

US Government Moves $1 Billion in Bitcoin Seized From Bitfinex Hacker

The United States government executed a substantial transfer of Bitcoin, moving 12,267 BTC, valued at approximately $1 billion, from a wallet known to hold funds seized from individuals implicated in the 2016 Bitfinex hack. According to on-chain analytics data provided by Arkham, these Bitcoin funds were transferred to a new, previously unlabeled address, signifying a notable movement of a significant portion of the government's recovered digital assets.