Ledger has since attributed the exploit to a phishing attack on a former employee.
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'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says.
In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.
$1 million Bitcoin still in play in 2024 "great pivot"
Going long crypto is the key to success as markets bet on the United States Federal Reserve lowering interest rates next year, Hayes argues.
On Dec. 13, at the latest meeting of the Federal Open Market Committee (FOMC), Fed policymakers voted to continue a freeze on interest rate hikes.
While broadly expected, a subsequent speech and press conference with Chair Jerome Powell sparked talk of impending rate cuts — an event known as a “pivot” in policy.
'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says.
In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.
$1 million Bitcoin still in play in 2024 "great pivot"
Going long crypto is the key to success as markets bet on the United States Federal Reserve lowering interest rates next year, Hayes argues.
On Dec. 13, at the latest meeting of the Federal Open Market Committee (FOMC), Fed policymakers voted to continue a freeze on interest rate hikes.
While broadly expected, a subsequent speech and press conference with Chair Jerome Powell sparked talk of impending rate cuts — an event known as a “pivot” in policy.
'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin and altcoins are a sure-fire bet ahead of a "great pivot" by the Fed on interest rates in 2024, Hayes believes.
Ledger attacker drained at least $484K
The hacker behind the attack on Ledger's connector library had stolen at least $484,000, according to blockchain analysis platform Lookonchain.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
When the history books are written, and the documentaries are made on the formative days of NFTs, Jimmy McNelis, aka j1mmy.eth, will hold a special place in history as a creator, as a passionate advocate, and for having one of the greatest NFT collections of all time.
An NFT OG who started his journey on Dec. 5, 2017, when he purchased his first CryptoKitty, the 45-year-old American is also the founder of Avastars, an early PFP project from February 2020 that set the scene for intellectual property (IP) rights being given to holders.
That was popularized by Bored Ape Yacht Club and the 2021 PFP mania that saw IP rights for holders becoming the standard for most projects. Avastars was also a pioneer in putting the project on-chain, inspired by Autoglyphs, which minted 10 months earlier.
J1mmy also has an almost unrivaled NFT collection worth around $150 million at the peak. The astonishing collection includes eight Autoglyphs, 19 Chromie Squiggles, 30 Bored Apes, five CryptoPunks, 11 Gazers, 61 Meebits, 114 CyberBrokers and a Twin Flame by Justin Aversano.
“At its peak it was about $150 million. Whether or not that was actually liquid but $150 million was on one of the wallet portfolio sites. Today, it’s probably 1/10th of that,” says j1mmy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
When the history books are written, and the documentaries are made on the formative days of NFTs, Jimmy McNelis, aka j1mmy.eth, will hold a special place in history as a creator, as a passionate advocate, and for having one of the greatest NFT collections of all time.
An NFT OG who started his journey on Dec. 5, 2017, when he purchased his first CryptoKitty, the 45-year-old American is also the founder of Avastars, an early PFP project from February 2020 that set the scene for intellectual property (IP) rights being given to holders.
That was popularized by Bored Ape Yacht Club and the 2021 PFP mania that saw IP rights for holders becoming the standard for most projects. Avastars was also a pioneer in putting the project on-chain, inspired by Autoglyphs, which minted 10 months earlier.
J1mmy also has an almost unrivaled NFT collection worth around $150 million at the peak. The astonishing collection includes eight Autoglyphs, 19 Chromie Squiggles, 30 Bored Apes, five CryptoPunks, 11 Gazers, 61 Meebits, 114 CyberBrokers and a Twin Flame by Justin Aversano.
“At its peak it was about $150 million. Whether or not that was actually liquid but $150 million was on one of the wallet portfolio sites. Today, it’s probably 1/10th of that,” says j1mmy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
When the history books are written, and the documentaries are made on the formative days of NFTs, Jimmy McNelis, aka j1mmy.eth, will hold a special place in history as a creator, as a passionate advocate, and for having one of the greatest NFT collections of all time.
An NFT OG who started his journey on Dec. 5, 2017, when he purchased his first CryptoKitty, the 45-year-old American is also the founder of Avastars, an early PFP project from February 2020 that set the scene for intellectual property (IP) rights being given to holders.
That was popularized by Bored Ape Yacht Club and the 2021 PFP mania that saw IP rights for holders becoming the standard for most projects. Avastars was also a pioneer in putting the project on-chain, inspired by Autoglyphs, which minted 10 months earlier.
J1mmy also has an almost unrivaled NFT collection worth around $150 million at the peak. The astonishing collection includes eight Autoglyphs, 19 Chromie Squiggles, 30 Bored Apes, five CryptoPunks, 11 Gazers, 61 Meebits, 114 CyberBrokers and a Twin Flame by Justin Aversano.
“At its peak it was about $150 million. Whether or not that was actually liquid but $150 million was on one of the wallet portfolio sites. Today, it’s probably 1/10th of that,” says j1mmy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.
J1mmy.eth once minted 420 Bored Apes… and had NFTs worth $150M: NFT Creator
NFT collector J1mmy.eth trades like Warren Buffett, his collection peaked at $150 million, and he once minted 420 Bored Apes with Pranksy.
Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
Is El Salvador’s Bitcoin gambit finally paying off?
The rise in El Salvador’s bond prices “almost defies gravity,” and it may soon have access to Eurobond markets, said Santander Bank.
Crypto catfishers ditch fake exchanges for approval phishing scams
According to on-chain analytics firm Chainalysis, romance scammers increasingly use this method to steal their victim’s hard-earned crypto.
Taurus starts credit tokenization as an asset class for German SMEs
Blockchain tokenization provides an alternative means for SMEs to raise capital and liquidity while building diversified investment opportunities.
Ledger patches vulnerability after multiple DApps using connector library were compromised
Update (Dec. 14 at 2:45 pm UTC): This article has been updated to clarify that Ledger has reportedly fixed the issue.
The front end of multiple decentralized applications (DApps) using Ledger’s connector, including Zapper, SushiSwap, Phantom, Balancer and Revoke.cash were compromised on Dec. 14. Nearly three hours after the security breach was discovered, Ledger reported that the malicious version of the file had been replaced with its genuine version around 1:35 pm UTC.
Ledger is warning users "to always Clear Sign" transactions, adding that the addresses and the information presented on the Ledger screen are the only genuine information. “If there’s a difference between the screen shown on your Ledger device and your computer/phone screen, stop that transaction immediately.”
SushiSwap chief technical officer Matthew Lilley was among the first to report the issue, noting that a commonly used Web3 connector was compromised, allowing malicious code to be injected into numerous DApps. The on-chain analyst said the Ledger library confirmed the compromise where the vulnerable code inserted the drainer account address.
Lilley blamed Ledger for the ongoing vulnerability and compromise on multiple DApps. The exec claimed that Ledger’s content delivery network was compromised, with JavaScript being loaded from the compromised network.
Ledger patches vulnerability after multiple DApps using connector library were compromised
Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash. Ledger claims the issue has been fixed.
TMX buys 78% of ETF tool VettaFi for $848M, boosting stake to 100%
Toronto Stock Exchange owner TMX is finalizing the purchase of VettaFi, an ETF tool that lists blockchain and cryptocurrency-themed E3TFs, including the VanEck Digital Transformation ETF.