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Federal regulators said Wednesday that cryptocurrency exchanges can continue offering interest-like rewards to customers under new rules stemming from the GENIUS Act, legislation signed into law last year to govern stablecoin issuers. The decision comes despite objections from banks, which had warned that such reward programs risk pulling large sums of deposits out of the traditional banking system.
A profile recounts the career of a DEA special agent known as 'Lili,' a Russian immigrant and Ivy League graduate who became one of the agency's leading cryptocurrency investigators. Her expertise in tracing digital money eventually led her to evidence implicating members of her own family in a fraud scheme, according to the account.
Shares of Trump Media and Technology Group, parent of Truth Social, dropped more than 7.5 percent on Monday to an all-time low of $6.40, extending a 29 percent slide over the past month. The decline follows reports that the platform's daily user traffic has fallen over 30 percent in the past year, compounding losses the company has posted quarterly.
A Reddit user building a Mac temperature-monitoring app with Claude Code was alerted by the AI agent that xmrig, a crypto-mining program, was running unauthorized on their machine using roughly 1175% CPU across about 12 cores. Claude identified the malware had been added to startup around August 29 and offered to quarantine the files rather than deleting them outright.
Ledger has announced a new hardware crypto wallet designed to resemble a smartphone. The launch comes as the company faces renewed scrutiny over how it handled earlier reports of backdoored devices, which surfaced months before some crypto wallets were drained of funds.
Ledger confirmed that hardware implants planted in some Ledger Nano X wallets sold by Malaysian reseller CryptoBilis allowed attackers to steal roughly $102 million in crypto. Since then, a European buyer and other researchers have reported finding similar implants in Nano X, Flex and Stax devices purchased from a major German electronics chain, suggesting the tampering extends beyond the single reseller Ledger initially named.
Ledger has acknowledged reports of compromised or tampered devices, sometimes called 'spy implants,' being used to siphon cryptocurrency from users. The company detailed how these devices intercept transactions, and reports indicate the attackers attempted to launder stolen funds using privacy tools like Tornado Cash and Zcash, but did so imperfectly, leaving traceable patterns.
Ledger has confirmed that a spy chip implant was responsible for a string of thefts from its crypto hardware wallets. The company has not yet detailed how many users or how much cryptocurrency was affected, or how the implant was introduced into affected devices.
An ongoing investigation has found that counterfeit or tampered Ledger hardware wallets, sold through third-party resellers like Cryptobilis in Southeast Asia and elsewhere, contained hidden eSIM and LTE chips capable of capturing users' recovery phrases. Researchers say more than $93 million has already been stolen from affected users, while wallets purchased directly from Ledger remain unaffected. Cryptobilis has halted sales of all hardware wallet brands while the investigation continues.
Ledger has confirmed that at least one of its hardware wallets, sold through Malaysia-based reseller CryptoBilis, contained an unauthorized hardware implant that drained users' cryptocurrency funds. The company asked CryptoBilis to halt sales and shipments on October 9, and a day later confirmed the tampering, saying it is contacting affected users and working with authorities to find those responsible. Ledger says all reported fund losses trace back to devices from this one reseller and describes the scale of the breach as limited.
Reddit user markpronkin bought a rusty, untested nine-GPU crypto mining rig found in a damp garage for about $35 (3,000 rubles) after the seller refused a pre-purchase test. The rig's nine Nvidia P106-100 cards, each with 6GB of GDDR5, provided 54GB of combined VRAM and worked on the first attempt, running Alibaba's 35-billion-parameter Qwen3.6-35B-A3B model in Ollama at over 30 tokens per second.
Former Mt. Gox CEO Mark Karpelès has spent nearly a month publicly posting claims that he found hidden 'spy implants' inside Ledger crypto hardware wallets. He has not yet provided full technical documentation of the alleged findings in the reporting available.