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Tag: Wallets

CoinDCX Confirms $16 Million USDT Loss from Retired Wallets Days After CEO Called Breach Reports a False Alarm

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CoinDCX confirmed a loss of 15.99 million USDT, roughly $16 million, from old deposit wallets linked to its July 2025 security incident. The exchange said an automated sweeping process failed, allowing user deposits to accumulate in vulnerable deprecated addresses, which it will fully absorb. CEO Sumit Gupta initially dismissed reports as a false alarm on X before the firm disclosed the operational loss. On-chain analysts traced the funds,...

Cryptocurrencies, Hacks, News, Wallets

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Ripple Partners with Stripe-Owned Privy to Bring Embedded Wallets to XRP Ledger

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Ripple and Stripe-owned Privy announced a partnership on October 13 to add XRP Ledger support to Privy’s wallet infrastructure. Developers can create embedded and server-side wallets for XRP, RLUSD and other assets without requiring users to manage private keys. The integration supports AI agent payments through the x402 protocol as XRPL reports more than 13 million agent transactions representing roughly 25% of network activity. Ripple and...

Blockchain, Cryptocurrencies, News, Wallets

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Ledger Confirms Unauthorized Hardware Implant Amid $93 Million CryptoBilis Wallet Drain Probe

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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...

Cryptocurrencies, News, Wallets

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Ledger Investigates Potential $86M+ Wallet Drains Tied to CryptoBilis Reseller

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Hardware wallet maker Ledger is investigating reports of fund losses involving customers in Southeast Asia who bought devices from authorized reseller CryptoBilis, according to a statement posted by Ledger Support on X on October 9. The company said it had asked CryptoBilis to pause all sales and shipments of Ledger devices as a precaution while the probe continues. In the same post, Ledger recommended that users who purchased from the...

Cryptocurrencies, News, Wallets

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Consensys to Split Into Independent MetaMask and Institutional Ethereum Firms by Year-End

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Key Takeaways Consensys Software Inc. will rebrand as MetaMask, with Joe Lubin as chairman and CEO, while a newly formed Consensys takes Linea and institutional Ethereum infrastructure. The corporate separation is expected to be completed by the end of 2026. MetaMask users will see no change to their app, assets, keys or access. MetaMask reports more than 100 million downloads across about 190 countries and trillions of dollars...

Cryptocurrencies, dApps, News, Wallets

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