a new seed on the same CryptoBilis-bought Ledger isn't the fix
@Ledger says the implant it examined reads recovery words during setup, then sends them over LTE
already set yours up? their advice: move assets to a new signer with a new phrase
Update from Ledger Donjon on the CryptoBilis investigation 🔽
@DonjonLedger is investigating Ledger signers sold by CryptoBilis, a reseller in Southeast Asia, that contained an unauthorized hardware implant. Ledger confirmed this on October 10th for one affected user's signer. All confirmed fund losses tied to the incident disclosed on October 9th involve signers sold through CryptoBilis. We have not verified a drain linked to a signer bought elsewhere. CryptoBilis has confirmed it stopped selling Ledger signers while the investigation continues.
Based on the Donjon's analysis of the attack, the implant sits inside the enclosure and reads the data shown on the screen. During setup, the signer displays the 24-word recovery phrase. When the implant detects these screens, its microcontroller decodes the words and transmits them over LTE using a provisioned eSIM. The implant is a separate component. It does not modify the Secure Element or the Ledger operating system, and it does not alter transactions or signatures.
The Donjon will analyze the signers it receives and will share more as the investigation continues.
We have not confirmed the total number of affected users or the total value lost. Figures circulating online come from third parties and Ledger has not fully verified them. If your funds were drained and you have not contacted us, please do so through Ledger Support so we can include your case. We are also reviewing reports of implants in other signers and locations. We will continue to share information as the investigation progresses. Rest assured the Ledger team is going above and beyond to leave no stone unturned to investigate this situation to the strongest possible outcome.
If you bought a Ledger signer from CryptoBilis and have not set it up, do not set it up and contact Ledger Support. If you have set it up, transfer your assets promptly to a new signer with a new recovery phrase. Do not enter or restore any recovery phrase on a signer bought from CryptoBilis. Never enter your recovery phrase into a website, app or form.
If you lost funds or hold a tampered signer, contact Ledger Support at https://t.co/QzukOZdEzq and file a report with local law enforcement. Do not send the signer to anyone before speaking with Ledger Support or local law enforcement. If you lost funds, coordinate with law enforcement before opening the signer. Researchers and others with relevant information can write to [email protected].
If you did not buy from CryptoBilis and want to inspect the inside of your signer, the guide is at https://t.co/Bh9DHQulIv. Use caution and make sure your recovery phrase is backed up first, because opening a signer can damage it.
Ledger will never call you, message you directly, or ask for your 24-word recovery phrase. We will update this post when we verify new information.
for @krakenfx's UAE launch, dirham funding comes before derivatives
its parent Payward targets go-live in the coming weeks, with AED deposits, withdrawals and spot/margin pairs
derivatives are expected later in 2026/2027, subject to approval
https://t.co/3rwbsa4Ada
@pendle_fi in this FLHYon example, 200 SY is booked and Alice/Bob receive 100 + 20
does the remaining 80 go to Pendle's treasury, as in the discrete-yield docs?
https://t.co/4Qy5vFsRUD
with Aqua, three strategies aren't three pots of cash
@1inch's docs show the same 1,000 USDC backing three strategies
spend USDC through one and less remains for the others. check the shared balance before adding up their liquidity
https://t.co/fH74Qc4Ycj
@Trader_XO@MylesGinvest would you want separate margin for the long and short, or a shared pool?
that's the detail i'd want spelled out in a version without subaccounts
@jumperapp's free Trezor still has a delivery bill
level 10 perk: a Model T for Europe, excluding the UK
the perks page says you pay shipping and customs. check the delivered cost before calling it a zero-cost wallet
https://t.co/iTCitplUm2
https://t.co/3UvE0t4GaN
Level 10 on Jumper Pass now gets you a free @Trezor Model T. Europe only, excl. UK.
Level 6+ gets 40% off Trezor Keep Metal, wherever you are.
Claim at https://t.co/7QlarG4zOl
the fee headline has four destinations
@ponsdotfamily's launchpad dashboard shows $197.5M in all-time fees and $36.1M (18%) in protocol revenue
the other buckets: creators, buybacks and Uniswap
check who gets the fees before celebrating the total
https://t.co/5bnIyCWKek
@rHOODSxyz@EkuboProtocol the UI checklist doesn't settle the timing question
have you seen an Ekubo-specific analysis of whether deposits can be linked to later swaps?
one toggle, two prerequisites
on @EkuboProtocol, private swaps on Starknet need one-time privacy pool registration and shielded funds, per the swap UI
https://t.co/8Ih4YjW853
1.3 GiB deserves a hardware label
for Stwo, @Starknet's prover, the research board reports a 1.3 GiB peak for a full proof on 16-core Linux x86-64
the board calls it a "discovery result". phone-sized memory isn't a phone benchmark
https://t.co/s86WQJb0b6
@MiraaCrypto@Lighter_xyz it's a separate line directly below the Standard table: Standard TWAP orders have a 1bp fee
that's the exception to the table's 0% maker/taker fees I was pointing out
https://t.co/2dxv3buhqk
zero fees doesn't mean zero delay
on @Lighter_xyz, Standard lists 0 maker/taker fees, but 300ms added taker and cancel/modify delays
the API docs add a 1bp fee for Standard TWAP (time-sliced) orders. order type belongs in the cost check
https://t.co/2dxv3buhqk
a safety check can inherit the bug it's checking
the XRPL bug could create XRP: the payment engine and supply check shared an overflow
patched Sept 25 in 3.4.1, disclosed Oct 9; the team found no evidence of public-network exploitation
https://t.co/wOu51VjtdZ
the useful part of Ledger's warning is the shopping history
buyers from CryptoBilis in the last 90 days get specific precautions from @Ledger_Support
a reseller investigation isn't proof of a Ledger-wide exploit. read the scope before sharing the panic
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses.
Reach out to Ledger customer support through official channels with any questions: https://t.co/4p918UH8yb