Tag: Cryptocurrencies
U.S. spot Ethereum ETFs recorded another negative session, pushing their consecutive outflow streak to nine days amid broader market headwinds.
Total cumulative net flows for the asset class remain under pressure as institutional sentiment cools down following initial post-launch enthusiasm.
Trading volumes across major ether investment products have experienced notable contractions compared to their historical daily averages.
U.S. spot...
Ledger Confirms Unauthorized Hardware Implant in User Device Amid Security Scrutiny
Written on .
Hardware wallet provider Ledger has confirmed that an unauthorized physical implant was discovered inside a user’s device following a thorough internal investigation.
The incident has ignited fresh discussions across the crypto community regarding supply chain integrity and the physical security of cold storage solutions.
Ledger representatives have reiterated standard security best practices and urged users to exclusively purchase...
Argentina Central Bank Puts Brake on Crypto Integration for Traditional Banks
Written on .
Argentina’s central bank is reportedly delaying the integration of cryptocurrencies into the traditional banking sector for a period of up to two years.
The decision reflects a cautious approach to digital assets by financial regulators as the country navigates broader macroeconomic reforms.
Local crypto adoption and regulatory frameworks remain under close observation by market participants following recent political and monetary...
Ledger Confirms Unauthorized Hardware Implant Amid $93 Million CryptoBilis Wallet Drain Probe
Written on .
Ledger confirmed an unauthorized hardware implant in one affected user’s device purchased via CryptoBilis.
On-chain estimates put losses at up to $93.2 million across 315 wallets on six chains.
The company says its own systems remain uncompromised and urged recent buyers to avoid setup or move funds to a new seed.
Hardware wallet maker Ledger has confirmed that one device linked to reported fund losses contained an unauthorized...
Stablecoin Design Choices That Survive a Bank Run
Written on .
On the evening of March 10, 2023, Circle disclosed that $3.3 billion of the roughly $40 billion in reserves backing USDC remained at Silicon Valley Bank after the bank had been closed by regulators. Within hours, USDC traded as low as about $0.87 on secondary markets. Coinbase and other platforms paused conversions over the weekend while banks were closed. The peg recovered once U.S. authorities guaranteed SVB deposits and Circle resumed...


