CryptoBilis Former Founders Say They Handed Over Control in March
CryptoBilis’s former founders outline their ownership timeline as Ledger investigates hardware tampering and maintains warnings for the reseller’s customers.
On-chain refers to cryptocurrency transactions and data that are officially recorded and verified directly on a public blockchain network. When an action occurs on-chain, it is validated by the network's consensus mechanism and permanently etched into the distributed ledger, making it immutable and transparent. This contrasts with off-chain transactions, which are processed outside the main blockchain to increase speed or reduce costs before eventually being settled. Because on-chain data is publicly accessible, anyone can use blockchain explorers to audit transaction histories, track wallet balances, and analyze network activity. This transparency is fundamental to the trustless nature of decentralized systems, eliminating the need for central intermediaries to verify state changes.
CryptoBilis’s former founders outline their ownership timeline as Ledger investigates hardware tampering and maintains warnings for the reseller’s customers.
A Ledger device reportedly bought from an official European reseller shows an apparent implant. Mark Karpelès shares a Nano X inspection video.
Ledger confirms a hardware implant in one affected user’s device, updates CryptoBilis buyer guidance and investigates the scope of reported thefts.
Tibane Labs details hidden implants in Ledger Nano X wallets that capture recovery words, while a link to the CryptoBilis investigation remains unproven.
Ledger has asked CryptoBilis to pause sales as Darkfost warns losses could exceed an early $86 million estimate; the cause remains unconfirmed.
Specter has traced suspected theft addresses across Bitcoin, Ethereum and TRON, but the loss estimate, victim count and cause remain unverified.
Ledger Wallet adds USDC and USDT loans against cbBTC or wBTC through Morpho and Yield.xyz, with on-device signing, variable rates and liquidation risk.
A coalition of wallet developers, security firms, and the Ethereum Foundation has introduced ERC-7730 and a new clear-signing infrastructure to transform hexadecimal transaction data into human-readable…
CoinMarketCap has introduced four AI-focused products that allow autonomous agents to access real-time crypto market data through Model Context Protocol integration and crypto-based payments.