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Hardware wallet manufacturer Ledger has once again experienced a security incident today, with third-party security agencies estimating the losses to be close to 90 million USD. Ledger is investigating the financial losses related to devices sold by its Southeast Asian authorized distributor CryptoBilis and has requested the distributor to suspend sales and shipments, advising users who purchased devices through this channel in the past 90 days to exercise caution or transfer their assets. The cause of the incident has not yet been definitively confirmed, but it is suspected to involve supply chain or device tampering risks.Major historical attacks and financial loss incidents related to Ledger include:In 2018, early hardware and supply chain research vulnerabilities emerged. Security researchers demonstrated the possibility of tampering with the Nano S before it left the factory, as well as issues such as MCU bootloader bypass, isolation vulnerabilities, and Bitcoin change address injection. Ledger gradually released security announcements and completed fixes, with related issues mostly being research-level vulnerabilities or requiring physical contact with the device to exploit.In 2020, Ledger experienced a massive customer data leak. Attackers obtained e-commerce and marketing databases through third-party API keys and vulnerabilities related to Shopify, exposing over 1 million email addresses and approximately 272,000 to 292,000 detailed customer records, including names, addresses, and phone numbers. The hardware and private keys were not affected, but this incident triggered long-term phishing, social engineering, and counterfeit official letter scams.In December 2023, the Ledger Connect Kit suffered a supply chain attack. After a former employee fell victim to a phishing attack, their NPMJS account was compromised, and attackers released a malicious version of the Connect Kit, injecting malicious code into DApps that relied on the library, enticing users to sign fraudulent transactions. The active window of the attack was about 2 hours, with losses estimated between 480,000 to 600,000 USD. The hardware and Ledger Live itself were not directly breached.In January 2026, third-party Global-e order data was leaked. The payment and logistics partner's system suffered unauthorized access, exposing some Ledger.com order-related information, including names, addresses, and contact details. Ledger's own systems and private keys were not affected, but the phishing risk rose again.In April 2026, counterfeit Ledger Live application scams appeared on the App Store. The counterfeit application was listed for about a week, tricking users into entering their recovery phrases, with over 50 victims losing approximately 9.5 million USD across multiple blockchains. Apple subsequently removed it, and Ledger emphasized that it would never ask for 24-word recovery phrases.In August 2026, Ledger disclosed vulnerabilities related to Ethereum application signatures, including command interleaving causing display content to be out of sync with signature parameters, and Clear-signing bypass issues. The vulnerabilities required malicious hosts to cooperate, and Ledger stated that there was no evidence of actual user exploitation; related issues have been fixed in the new version.On October 9, 2026, a large-scale wallet draining incident related to the CryptoBilis distributor occurred, with estimated losses close to 90 million USD. Ledger is investigating, and the incident is suspected to involve supply chain or device tampering attacks targeting a single channel. The official sales have been suspended, and affected users are advised to migrate their assets.

J.P. Morgan analysts stated that SpaceX's latest spectrum deal may raise concerns about intensified competition among the three major wireless carriers in the United States. Although SpaceX could become a new market participant, the threat to Verizon, T-Mobile, and AT&T remains limited in the short term.

According to Gate market data, the S&P 500 Telecommunications Services Index fell by 7.2%, marking the largest percentage drop since March 2020.

According to NADA NEWS, the Financial Services Agency (FSA) of Japan has requested financial institutions, including cryptocurrency exchanges, to promptly stop using images of documents such as driver's licenses for identity verification (KYC) and to switch to a new verification method that reads integrated circuit (IC) chip information through smart devices.

According to the official public account of the China Academy of Information and Communications Technology, the smart agent identification and identity network has officially launched its trial operation and is open for access to the public.This network relies on trusted interconnection centers for smart agents in Beijing, Xiamen, and other locations, providing services such as identity registration, identity verification, addressing resolution, and capability discovery. It adopts a "Blockchain + DID + Super Smart Agent" technical route, compatible with various DID methods, and adapts to mainstream interconnection protocols such as A2A and ANP.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 58, down 5 points from yesterday. The average over the past 7 days is 66, and the average over the past 30 days is 67.

The official account of the AI assistant Claude from the artificial intelligence company Anthropic stated that the application volume for the Claude Startups program has exceeded expectations, and they will suspend the $1000 API credit offer for Claude Team.Claude mentioned that there have been hundreds of thousands of applications for the program, and the team is re-evaluating to cover as many startups as possible. Accounts that have already received the discount can still retain their related rights; accounts that have applied or have been approved but have not yet claimed will enter a review process, and some previously approved accounts will not be able to receive the discount.Claude stated that accepted program members can still use Startup Stack and Applied AI office hours. Users on the Claude Max or Team plan can continue to use their monthly API credits as usual in the Console.

On October 8, 2026, the Spanish government approved Royal Decree No. 813/2026, tightening anti-money laundering regulations. According to the new rules, all transactions at cryptocurrency ATMs within Spain must undergo reliable identity verification, whereas previously some small-value transactions at physical terminals did not require comprehensive identity verification.Operators will be granted an 18-month transition period to deploy advanced electronic identity verification systems.

Bitwise CEO Hunter Horsley stated in an interview with The Block at the Digital Asset Summit 2026 Asia that the failure of the Bitwise spot Dogecoin ETF is "tragic," highlighting the "difference" between the users served by spot ETFs and those served by crypto brokerage applications. The Bitwise Dogecoin ETF (BWOW) was listed on the New York Stock Exchange in November 2025 and is set to close less than a year after its launch, with trading halting after October 14. According to SoSoValue data, as of October 7, the fund managed approximately $725,900 in assets, with a trading volume of $51,500 in September.Horsley expressed that he likes and holds Dogecoin, believing that it is historically a useless token but represents something and is a reasonable asset; however, it has shown no progress as an ETF. He thinks ETF users do not want to invest money in Dogecoin, but this may change over time; he denied that Bitwise targeted the wrong audience and described crypto ETFs as a channel. In contrast, he is more confident about the success of the Bitwise Solana Staking ETF (BSOL), stating that its pioneering staking feature contributed to its success, but the $1.3 billion in net assets ultimately reflects a bet on Solana.AI is currently one of Bitwise's focuses. Horsley stated that crypto and AI originate from the same source, with the former reconstructing financial services as software and the latter enabling machines to perform tasks previously done by humans;

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 63, down 7 points from yesterday. The average over the past 7 days is 68, and the average over the past 30 days is 67.

Multi-chain DEX Jumper announced the JUMP token sale allocation plan. This sale received approximately $48.614 million in purchase commitments from 9,690 participants, exceeding the initial target of $2 million by 24 times, with a final accepted amount of $3 million.In the final allocation, $1.64 million, accounting for about 55% of the total sales, is allocated to the community wallet, primarily determined by the Jumper Loyalty Pass (JLP) levels and rankings, with long-term, deeply engaged users receiving higher priority.The second largest allocation category is strategic contributors, including angel investors, developers, traders, and content creators; an additional 5% allocation is given to Republic participants. The waitlist category covers the top 500 participants, with rankings determined by a combination of Legion Score and referral status, placing more emphasis on Legion Score.Existing Jumper users can improve their priority through waitlist rankings, but different weights do not stack and only apply to their highest qualifying tier.

During a conversation with Cointelegraph's multimedia director Ciaran Lyons at the Token2049 conference in Singapore, Kevin Lee, Chief Strategy Officer of the cryptocurrency exchange BingX, stated that wealthy "old money" investors have a longer holding period for Bitcoin compared to many crypto-native traders. He mentioned that he has encountered a large number of "old money" clients seeking alternative investments, saying, "Their diamond hands are stronger than any of ours." Lee pointed out that Bitcoin has grown large enough that wealthy investors are increasingly viewing it as a tool for diversifying their portfolios rather than expecting it to "increase tenfold in two weeks."Lee sees wealthy investors as an underdeveloped source of crypto capital, believing that their buy-and-hold strategy could make Bitcoin a diversification tool for more investors. He cited examples where investors allocate 5% to gold and another 5% to Bitcoin, rather than chasing short-term quick returns. A survey released by CoinShares on Monday, targeting 2,230 investors with investable assets of at least $500,000, showed that long-term appreciation and diversification are the primary reasons for investing in crypto assets, while short-term speculation ranked last. Among the surveyed digital asset investors, 80% hold Bitcoin.However, crypto assets are still far from becoming a standard allocation for wealthy families. A survey conducted by JPMorgan in February, based on 333 single-family offices across 30 countries, revealed that 89% of family offices have no exposure to crypto assets, with an average allocation to crypto and digital assets of only 0.4%. Only 17% of respondents consider crypto and digital assets as key investment themes.

ChainCatcher live report, at the Token2049 conference in Singapore, Gemini co-founders Tyler and Cameron Winklevoss stated that Zcash is the cryptocurrency version of Bitcoin, just as the early internet was HTTP, Zcash is HTTPS. They also announced that they have submitted a spot Zcash ETF application to the SEC.

According to the Korea Economic Daily, Samsung Electronics' next-generation high-bandwidth memory "12-layer HBM4E" product has passed quality verification by Nvidia and major hyperscale data center operators.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 70, down 4 points from yesterday. The average over the past 7 days is 70, and the average over the past 30 days is 67.

According to Cointelegraph, the Federal Financial Supervisory Authority of Germany (BaFin) has rejected the application for a crypto asset service provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA) submitted by futurum bank AG, a subsidiary of Bitcoin Group SE. As a result, its operated crypto trading platform Bitcoin.de remains in a state of trading suspension.Bitcoin Group SE subsequently stated that the company is reviewing the decision and reserves the right to appeal or resubmit the application in the future. Meanwhile, the group is seeking alternative operating models and plans to restore trading services as soon as possible through regulated partners. Bitcoin.de was originally a peer-to-peer (P2P) trading market with over 1.1 million registered users; the platform had originally planned to upgrade by the end of June to support over 100 cryptocurrencies, exchange, and staking functions, but this has been delayed due to waiting for MiCA license authorization, and its trading activities have been largely suspended since June 12.

Cryptocurrency asset platform operator Bitcoin Group SE stated that the Federal Financial Supervisory Authority of Germany (BaFin) has rejected its subsidiary futurum bank AG's application for a cryptocurrency service provider license submitted under the Markets in Crypto-Assets Regulation (MiCA). The company is evaluating alternative operating models and seeks to resume trading on Bitcoin.de as soon as possible through regulated partners.Bitcoin Group SE CEO Moritz Eckert stated that the company was prepared for the application rejection and will now review the relevant decision, with the option to appeal or resubmit the application in the future. Bitcoin.de is a German cryptocurrency trading platform operated by futurum bank AG, with over 1.1 million registered users. Bitcoin.de was originally a peer-to-peer trading market and transitioned to a brokerage model this year, planning to offer over 100 cryptocurrencies, cryptocurrency asset exchanges, and staking services. The platform was originally scheduled to launch the new model at the end of June, but trading has been largely suspended since June 12 due to the delay in awaiting MiCA approval.

CoinShares' latest survey shows that among wealthy investors in the United States, United Kingdom, France, Germany, Italy, Sweden, and Switzerland, the majority already hold cryptocurrency assets, averaging about 10% of their portfolios. The survey covered 2,230 investors with at least $500,000 in investable assets, with Sweden's cryptocurrency holding rate at 54%, while the rates for the United States, United Kingdom, Germany, and Switzerland are around 70%.Among investors who already hold digital assets, at least 85% in five of the seven countries indicated plans to increase their holdings by 2026, with the proportion reaching 91% in the United States, United Kingdom, and Germany. The decline in the cryptocurrency market in February this year did not significantly weaken investment willingness; among respondents from the seven countries, more believed that the market sell-off actually increased their willingness to invest than those who felt it decreased their willingness. The survey indicates that long-term appreciation and asset diversification are the main reasons for investing in cryptocurrency assets, with only 6% of respondents primarily viewing themselves as short-term traders.Bitcoin remains the most widely held digital asset, with an average of 80% of cryptocurrency investors holding BTC; 77% of respondents believe BTC will play an important role in the future global financial system, and 79% support strengthening regulation of the digital asset market. Meanwhile, about 40% of respondents in Switzerland, France, the United States, and Germany who work with financial advisors believe that advisors are overly cautious about digital assets. CoinShares stated that the interest of wealthy investors in cryptocurrency assets is forming a stark contrast to the cautious attitude of the traditional wealth management industry.

Solana real-time application project MagicBlock announced on X that MagicBlock v1.0 has launched on Solana, after approximately a year and a half of development.MagicBlock stated that the application can run in real-time without leaving Solana, proving the fairness of each result while maintaining payment privacy. The team also released the complete documentation for Validator v1.0.

The on-chain asset economic relationship management platform Solomon announced that Colosseum, Theia, DBA, and Anagram have supported the project by holding SOLO. These institutions became holders at different stages of Solomon's development, with some participating in its public offering and others acquiring SOLO through market purchases or over-the-counter transactions, and many institutions subsequently increased their holdings.Solomon stated that the project is built around public ownership, with institutional supporters and individual holders using the same ownership and governance tokens, and jointly focusing on the long-term development of the business. As more financial assets are brought on-chain, companies need to systematically manage related revenues, incentives, and obligations, including qualification verification, payment calculations, and policies applicable across products, customers, and jurisdictions.According to reports, issuers and applications can configure revenues, rewards, dividends, and other distributions on the Solomon platform while retaining control over qualifications, distributions, approvals, and business relationships. USDv is an early implementation of this scheme, allowing qualified holders to receive rewards without the need to stake, wrap, or lock up their assets. Solomon's next step will be to serve more issuers and enterprises and expand the use of USDv in trading pairs, vaults, and applications.