Odaily News: Crypto hardware manufacturer Ledger SAS is reviewing its consumer-facing device sales policies and processes. This follows reports that some hardware wallets were implanted with spyware, leading to the theft of approximately $90 million in cryptocurrency. Ledger Chief Technology Officer Charles Guillemet said on Tuesday that the company is also evaluating tamper-proof protections for its devices. He reminded users who suspect their devices have been tampered with to consult Ledger's published security guidelines before disassembling their hardware wallets themselves, and to send any suspicious devices to Ledger for further inspection.

1. South Korean stock market sell-off may spill over into crypto markets, Tom Lee calls it short-term pain;2. 15 trades in 4 months with nearly all profitable, a whale has accumulated $29.75 million in profits and went long on 24,000 ETH worth $60.7 million;3. SafePal responds to hardware wallet security concerns, reminding users to verify Ledger device authentication, activation records, and packaging seals;4. AMAT, the largest semiconductor equipment manufacturer in the US, expects revenue to double in the coming years;5. KB Securities: South Korean chip stocks pullback may reflect investors' doubts about earnings sustainability;6. CZ: Paying to smear competitors only damages trust in your own exchange;7. $115 million HYPE long position currently has unrealized gains of $61.26 million;8. Profitable since 2023, Bitcoin long-term holders currently have a 72% unrealized profit buffer;9. Binance will adjust leverage and margin for multiple USDT-margined perpetual contracts;10. A whale transferred 5,170 ETH worth $12.82 million to Tornado Cash, with unrealized gains of $3.056 million.

Odaily News: The Finance Committee of the French National Assembly has passed an amendment that would require the declaration of self-custodial wallet crypto assets valued at or above €100,000 (approximately $112,000) at year-end, with non-declarers facing fines of up to €10,000 (approximately $11,000). The rule has not yet become law and may still be subject to changes.Harry Halpin, CEO of privacy infrastructure company Nym, stated that French tax authorities are suspected of selling taxpayer data to criminals, and the new declaration requirement could threaten the safety of asset holders. Rand Hindi, founder of privacy protocol Zama, called on French crypto asset holders to leave France, and those unable to leave should hire security for their families.The proposal comes amid a series of crypto-related robberies, kidnappings, and "wrench attacks" that have occurred in France in recent years. The committee had also passed measures treating crypto-to-stablecoin conversions as taxable sales and expanding the scope of crypto exit taxes, but the budget revenue portion was subsequently rejected by a vote of 31 to 3, and the related amendments will need to be resubmitted. (Decrypt)

Odaily News: European electronics retailer MediaMarkt's parent company MediaMarktSaturn has removed all Ledger products from its stores and online platform, stating that it is in contact with the manufacturer. The company said it takes this matter very seriously.X user Johannes claims that two Ledger wallets purchased from two different MediaMarkt stores both contained unauthorized cables and cellular modules. Ledger stated that the implants in question can transmit users' recovery phrases via cellular networks and is investigating reports beyond CryptoBilis.Former Mt. Gox CEO Mark Karpelès said that a Ledger Flex he purchased at Singapore Changi Airport contained a spy implant. Ledger responded by saying users should refer to the latest CryptoBilis investigation update, but did not directly address the Singapore case, nor did it confirm whether tampered devices exist in Europe. (Cointelegraph)

Odaily reports that Payy has initiated a claims process for affected users following the September 24 cross-chain bridge contract exploit, with a 30-day claim application window. Compliant claims will be paid out in USDC on the Ethereum network. Payy Wallet is currently suspended and will be fully shut down after the claims window closes. Previously, Payy's cross-chain bridge contract on Ethereum was attacked, with all funds in the contract drained, resulting in a loss of approximately $1.8 million.

Odaily News: According to Ledger monitoring, its security team Ledger Donjon is investigating Ledger signing devices (signers) sold by Southeast Asian distributor CryptoBilis. The batch of devices was implanted with unauthorized hardware components, and Ledger confirmed on October 10 that one user's device was affected. Ledger Donjon's analysis shows that the implant is located inside the device casing and can read the screen display contents, decode the 24-word recovery seed phrase during initial setup, and transmit it externally via a built-in eSIM and LTE. The component does not modify the secure chip, system, or transaction signing. Currently, all confirmed fund losses related to the incident disclosed on October 9 involve devices sold through CryptoBilis. CryptoBilis has stopped selling Ledger devices.

Odaily News: According to monitoring by SafePal's official customer service account, SafePal stated on October 10 that it is aware of reports of fund losses involving Ledger devices sold by reseller CryptoBilis, and is reminding SafePal users to verify three protective measures: device authentication during initialization, the first activation date reminder in the App, and tamper-proof packaging seals. These mechanisms are designed to help identify tampered or used devices. If any check appears abnormal, users should stop using the device and contact official support through the SafePal website or App.

Odaily reports that according to Lookonchain monitoring, a whale created 4 new wallets 4 months ago and began trading on Hyperliquid, completing 15 trades with almost all of them profitable, accumulating $29.75 million in profits. Today, the whale once again went long 24,000 ETH, with a position value of $60.7 million and current unrealized profit of $2.6 million.

Odaily reports: According to monitoring by @rrealist, their residence in the UK was broken into. They were tied up and had a knife held to their face, with the attackers threatening to kill them. Approximately $800,000 in assets were stolen in total. Of that, $40,000 came from a main wallet, and $720,000 came from a Ledger hardware wallet. A Rolex watch was also taken, and a phone was smashed on the spot. @rrealist stated they were not seriously injured, only suffering minor bruises. Police have since intervened, and the residence has been designated a crime scene. The Solana wallet they disclosed (B3pMs3…arCR) has a balance of approximately 346.12 SOL.

Odaily report: A wallet linked to TechnoRevenant staked 744,000 HYPE on Hypercore, borrowed 3 million USDC, then lost $1.7 million on Papertrade, and as a result received 136 million PAPER, becoming the second-largest PAPER holder and the trader with the largest realized perpetual contract loss on the platform.As of now, the wallet has earned back 1.051 million USDC through staking rewards, with a net loss of approximately $650,000. Before accounting for staking rewards, its average cost for PAPER was about $0.0125 per token, the highest among the top five holders.