Exchange Risk

Star Xu, CEO of OKX, raised concerns about USDe during a recent podcast, characterizing the Ethena-issued stablecoin as a 'tokenized hedge fund' with higher risks than its delta-neutral strategy implies. Xu specifically criticized Binance's promotion of USDe and warned that its leverage mechanisms c

According to security researcher @cyberscrilla, a fake Ledger website appeared atop Google search results on October 10, designed to trick users into disclosing their 24-word recovery phrases. Google data showed the site received over 1 million visits in the past 30 days. Meanwhile, cybersecurity f

According to a recent statement from Jack Mallers, the Bitcoin retrieval issue reported by a Strike user was caused by the user identifying an incorrect self-custody address, not a rug pull as claimed. Mallers emphasized that Strike followed all required protocols and procedures correctly. He

A wallet linked to thefts from Ledger hardware wallet users converted 2 million USDT into USDD on October 9, moving funds beyond Tether's freeze capabilities. On-chain investigators report approximately $86 to $93 million was drained from more than 300 wallets across multiple blockchains. The thefts

On-chain investigators traced approximately $86 to $93 million drained from over 300 wallets linked to Ledger hardware wallet thefts across Ethereum, Tron, and Bitcoin on October 9, 2026. According to Specter and MistTrack, the suspected perpetrator swapped roughly 14.6 million USDT into USDD via

Mark Karpelès, former CEO of Mt. Gox, reported discovering a hidden spy module inside a Ledger Nano X hardware wallet he purchased from Malaysia, despite the device's packaging appearing intact. The revelation has sparked concern within the crypto community, particularly as it coincides with

According to ChainCatcher, Malaysian hardware wallet retailer CryptoBilis underwent ownership change in March, with company records showing that Jiaming, a China-based individual with a registered address in Heilongjiang Province, has held 100%

Bitcoin digital asset treasury (DAT) company Nakamoto disclosed in its 2025 annual report (Form 10-K) filed with the U.S. Securities and Exchange Commission (SEC) that a bank run on stablecoin USDT (Tether) could create uncertainty in both the value and repayment ability of the company's debt

According to its SEC filing, Nakamoto, a Bitcoin DAT company, warned on October 6 that a potential bank run on stablecoin USDT could create debt repayment uncertainty. The firm disclosed that its subsidiary borrowed 210 million USDT from Kraken in December 2025 at 8% annual interest, with Bitcoin co

According to X user exsiway, Malaysian Ledger authorized dealer CryptoBillis was secretly sold by its original founder in spring 2026 with a non-disclosure agreement requiring all parties to remain silent until October 19. The dealership and "Ledger authorized" designation remain active despite

Celsius founder Alex Mashinsky has been permanently barred from the cryptocurrency, securities and commodities industries under a settlement with New York state announced October 9 by Attorney General Letitia James. The agreement resolves a civil lawsuit filed in 2023 accusing Mashinsky of falsely p

Tether temporarily froze approximately 1.45 million USDT associated with THORChain's treasury on October 9 and unfroze the funds two hours later without providing any explanation.

Tether blacklisted four THORChain vault addresses on TRON, freezing approximately 1.45 million USDT. The freeze lasted about three hours before Tether reversed the blacklist and restored services. THORChain co-founder Chad Barraford stated no prior notice was given about the freeze. The incident

Coinbase announced that deposits and withdrawals through Interac for Canadian customers are currently experiencing delays due to an Interac outage.

According to BlockBeats citing Onchain Lens, on October 10, hackers connected to the recent Ledger incident transferred 430.2 ETH (worth approximately $1.07 million) to Tornado Cash through four wallets. Part of the stolen funds subsequently flowed into Binance hot wallets. The incident involves app

According to BlockBeats, on October 10, Mt. Gox former CEO Mark Karpelès disclosed discovering a Ledger hardware wallet allegedly implanted with a spy module containing LTE communication components, eSIM, and a microcontroller. The device reportedly originated from Malaysia with intact packaging, wi

According to The Defiant, Tether has blacklisted four THORChain vault addresses holding approximately 1.45 million USDT. The action has suspended Tron cross-chain swaps and liquidity provider operations on THORChain. THORChain co-founder Chad Barraford stated that the team received no prior

Ledger asked Cryptovilles to stop selling and shipping its cryptocurrency hardware wallet devices on October 9, following a series of asset thefts affecting users in Southeast Asia. The company also advised users who purchased Ledger devices from Cryptovilles within the past 90 days not to

Ledger announced it is investigating reports of fund losses from users who purchased hardware wallets from Southeast Asia distributor CryptoBillis. The cryptocurrency hardware wallet manufacturer has instructed CryptoBillis to suspend all device sales and shipments pending the investigation's

The U.S. Commodity Futures Trading Commission unveiled its first regulatory framework for cryptocurrency markets, while cryptocurrency exchange OKX achieved a $25 billion valuation. The development was noted by crypto commentator @WuBlockchain on social media platform X. Ethereum co-founder