dealer

Cryptocurrency analyst Darkfost stated that after the security incident involving Ledger dealer CryptoBilis, discussions in the community have also brought up other potentially related dealer names, including some Lazada merchants.Darkfost indicated that the full extent of the incident's impact is still difficult to confirm. Although Ledger has confirmed a connection to the CryptoBilis incident, it is still unclear whether CryptoBilis is the only affected dealer. He compiled a list of Ledger dealers that may be at risk, stating that these dealers are in close proximity and could potentially have their supply chains compromised simultaneously. However, Darkfost emphasized that this assessment is merely speculative and has not yet been confirmed.Darkfost suggested that if users have purchased Ledger devices from the relevant dealers in the past six months, they may consider transferring their assets to other secure devices until the investigation into the incident is complete. Additionally, he mentioned that users can refer to the guidelines published by security researcher MagicalTux to check their Ledger devices for any signs of tampering.

Ledger Support released an update stating that it has confirmed the presence of unauthorized hardware implants in the device of one affected user. They are currently contacting the affected user and continuing to investigate the matter. Ledger is calling on anyone with information to provide leads and has stated that it is cooperating with relevant law enforcement agencies to hold those involved accountable. As a precaution, CryptoBilis has confirmed the suspension of sales of all hardware wallet inventory until the investigation is complete, and Ledger is actively communicating with them regarding follow-up measures.Ledger stated that there are currently no signs that its security infrastructure, systems, or services have been compromised. For users who purchased Ledger devices from this dealer, if the initialization setup has not yet been completed, it is advised not to start the setup; if the setup has been completed, they should consider transferring assets to a new Ledger signing device using new recovery phrases.Ledger emphasizes that security threats are constantly evolving, and the company is continuously improving security measures and advancing more sophisticated tamper-proof solutions. It also reminds users to be vigilant against scams that take advantage of this situation and to obtain the latest information only through official Ledger channels. Ledger will not ask users for their 24-word recovery phrase.

The cryptocurrency hardware wallet manufacturer Ledger is investigating a theft incident involving Southeast Asian users, who had purchased devices through the distributor CryptoBilis.Ledger has requested CryptoBilis to suspend sales and shipments and advised users who purchased devices through this distributor in the past 90 days not to initialize their devices; if they have already completed the setup, they should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to the new wallet.On-chain investigator Specter estimates that this incident has led to the theft of hundreds of wallets on the Bitcoin, Ethereum, and TRON networks, with losses exceeding 86 million dollars. Security researcher tanuki42 previously estimated the losses to be over 72 million dollars and stated that the amount is still increasing. The specific cause of the incident and whether the involved devices have security vulnerabilities are still under investigation.

According to BBX data, yesterday and in recent days, global listed treasury companies and digital asset trading platforms disclosed the latest developments in strategic mergers and acquisitions and fiat currency clearing infrastructure. The core information is as follows:Stack BTC plans to acquire precious metals dealer Direct Bullion for up to £12 million: Stack BTC, a Bitcoin treasury company under former UK Chancellor Kwasi Kwarteng, announced that it has officially signed a non-binding letter of intent to fully acquire the well-known UK precious metals dealer Direct Bullion for up to £12 million (approximately $16 million). The company clearly stated that this acquisition aims to obtain ample and stable cash flow income through the physical precious metals sales business and plans to continuously use all net cash flow generated by this business to increase its Bitcoin holdings in the secondary market.Banking Circle deepens cooperation with OSL Group, adding five major mainstream currency channels: Next-generation financial infrastructure service provider Banking Circle announced further deepened strategic cooperation with Hong Kong-listed stablecoin payment and trading platform OSL Group (00863.HK). Based on the existing euro clearing business between the two parties, Banking Circle has officially added multi-currency payment and clearing channels for five major fiat currencies: Australian Dollar (AUD), British Pound (GBP), Hong Kong Dollar (HKD), Singapore Dollar (SGD), and US Dollar (USD) for OSL, fully supporting OSL in accelerating the expansion of its B2B cross-border payment landscape for global institutional clients.

The UK Bitcoin Treasury Company Stack BTC (STAK) proposed to acquire the precious metals dealer Direct Bullion for up to £12 million (approximately $16 million) and plans to use the operating cash flow generated from precious metal sales to support Bitcoin accumulation. This non-binding agreement includes £3 million in cash, approximately £4 million in shares, and £5 million in performance-linked cash payments, with a minimum share issuance price of 6 pence and a lock-up period of four years.As Stack director Paul Withers controls the seller Direct Bullion, this transaction constitutes a related party transaction and is classified as a reverse acquisition, which still requires due diligence and the signing of a final agreement. Direct Bullion achieved revenue of £52.1 million and a post-tax profit of £2.15 million for the fiscal year ending January 2026. This acquisition will be Stack's first transaction under the strategy of "acquiring profitable companies to fund Bitcoin purchases." Stack BTC currently holds approximately 68 Bitcoins (around $5.2 million), and its stock price fell by 1% on the day the news was announced.Nigel Farage invested £215,000 through his company Thorn In The Side, holding approximately 6.3% of Stack. Previously, Reform UK received donations of $48.5 million each from crypto billionaires Christopher Harborne and Ben Delo within 24 hours, totaling approximately $97 million, setting a record for political donations in the UK.

Bitcoin News posted on the X platform that Coldcard is replenishing dealer inventory in batches as new devices are produced. About a month ago, Coldcard's entropy vulnerability led to the theft of over 100 million dollars worth of Bitcoin from users; the company stated that several dealers have applied for additional inventory, and the devices continue to sell.

According to monitoring by Lookonchain, the 6000 BTC lost by Irish drug dealer Clifton Collins due to a lost private key has been transferred again, with 500 BTC moving to Coinbase Prime, valued at 39.56 million USD.

Brian Armstrong posted on the X platform that Deribit has obtained a VARA brokerage license, allowing access to the market and liquidity of Coinbase Exchange. The UAE is embracing modern finance and digital assets.

According to the WSJ, Wintermute's U.S. subsidiary has registered as a broker-dealer, marking the company's official entry into the regulated U.S. financial market. This registration qualifies it to apply to become a designated market maker on securities exchanges such as the New York Stock Exchange and NASDAQ, providing a foundation for its expansion into the traditional financial services sector. The report noted that Wintermute is competing with large market-making institutions such as Jane Street Capital and Citadel Securities.

According to on-chain analyst Yu Jin's monitoring, the "LAB Whale" continued to transfer 10.5 million $LAB (9.15 million USD) to Aster last night, causing LAB to drop 37% to $0.56 in the past 11 hours.In two days, 18.5 million LAB (18.69 million USD) has halved the price, dropping from $1.20 to $0.56 (-53%). Previously, after the "LAB Whale" transferred 8 million LAB (9.54 million USD) to Aster, the LAB price fell from $1.20 to $0.89, a decrease of 26%.

According to Yu Jin, the AKE market maker has repeatedly transferred a large amount of AKE to Binance Alpha and sold it both on and off the market. Three days ago, approximately 1.22 million dollars, equivalent to 3.944 billion AKE, was transferred and sold, with the price dropping from 0.0005 dollars to 0.0003 dollars on that day, a decline of about 40%.Within a few hours, the market maker transferred approximately 2.24 million dollars, equivalent to 9.825 billion AKE, to Binance Alpha again and continued to sell through on-chain addresses, causing the AKE price to further drop from 0.0003 dollars to 0.0002 dollars, a decline of about 33%.

According to Arkham monitoring, 500 BTC (approximately 30.85 million USD) was transferred about half an hour ago, and the funds are related to the address of Irish drug dealer Clifton Collins, who accumulated over 400 million USD in assets through Bitcoin, part of which was later seized by the police.Monitoring data shows that there have been multiple large movements of the related BTC funds recently:March 24: Approximately 35.44 million USD in BTC was seized by the Irish police and transferred to Coinbase Custody;May 19: Approximately 38.19 million USD in BTC was transferred to Wintermute / Binance related addresses; approximately 30.85 million USD in BTC was transferred to Coinbase Prime Custody.

According to on-chain analyst Yu Jin's monitoring, the Binance Life market maker has continued to buy $10 million worth of Binance Life tokens in the past 24 hours, pushing its price up by 15%. The on-chain buying address has continuously purchased 8.62 million Binance Life tokens in the past 24 hours, worth $6.33 million. The CEX withdrawal address continued to withdraw 5.666 million Binance Life tokens from Binance 8 hours ago, worth $4.07 million.Since the beginning of the month, it has accumulated a total of 56.887 million Binance Life tokens, worth $39.1 million, at an average price of $0.687.

According to Bloomberg, the U.S. Treasury Department announced sanctions against an operator of the Sinaloa drug cartel, accusing him of using cryptocurrency to transfer drug trafficking proceeds back to Mexico. The Treasury's Office of Foreign Assets Control stated that those sanctioned include Armando de Jesus Ojeda Aviles and several of his associates, who laundered sales revenue from fentanyl, cocaine, and methamphetamine for the Sinaloa cartel.The network relies on couriers within the United States to collect cash and transfers funds through digital currency addresses. In April 2024, a federal grand jury in Colorado indicted another associate of Ojeda, Rodrigo Alarcon Palomares, accusing him of laundering drug proceeds through cryptocurrency.

According to Arkham monitoring, Irish drug dealer Clifton Collins purchased $30,000 worth of BTC between 2011 and 2012, which is now worth $400 million, but he lost the private key and is in prison. These BTC were once thought to be lost until a month ago when 500 BTC were transferred for the first time after being dormant for 10 years. Just recently, another 500 bitcoins (worth $38 million) were transferred.

According to on-chain analyst Yu Jin (@EmberCN), after the SIREN market maker sold off dispersed chips at the beginning of the month, they have re-acquired the chips and increased their token control ratio to over 93%. There has been a resurgence of intense market operations, with SIREN recently rising by 185%, with the price rebounding from a previous low of $0.13 to $2.18.

According to Cointelegraph, the Criminal Assets Bureau of the Irish National Police has announced that it has successfully cracked one of the 12 Bitcoin wallets associated with a convicted drug dealer, retrieving 500 Bitcoins worth over 35 million dollars.The wallet owner is Clifton Collins, who was sentenced to five years in prison in 2017 for cultivating and selling cannabis. Collins purchased 6,000 Bitcoins with drug trade proceeds between 2011 and 2012, storing them across 12 wallets, with the keys printed on an A4 sheet of paper and hidden in a fishing rod case, which were later lost when his landlord cleared the house.Earlier today, it was reported that the Irish drug dealer deposited 500 BTC into Coinbase after nearly 10 years, worth 35.44 million dollars.