Top story: Ledger hardware wallets compromised via CryptoBilis reseller channel. At publication, Bitcoin was at $83,702 (-0.5% in 24h), Ether at $2,532.59 (-1.4% in 24h) and the total crypto market cap at $2.84 trillion (-2.6% in 24h).
Ledger confirmed unauthorized hardware implants in customer wallets, with all confirmed cases traced to Southeast Asian reseller CryptoBilis, resulting in an estimated $93.2 million in cryptocurrency losses across affected users. Ledger stated its own systems and direct sales channels were unaffected, though the company has not announced a repayment plan for compromised users.
Standard Chartered's Dubai International Financial Centre branch now offers custody services for Ripple's RLUSD stablecoin to eligible institutional clients, with plans to integrate RLUSD as trading collateral on LMAX Exchange. The move marks a significant expansion by a major financial institution into regulated digital asset services.
The UK Treasury announced October 2027 as the enforcement deadline for its full cryptoasset regime, requiring exchanges, custodians, and intermediaries to obtain FCA authorization under Financial Services and Markets Act rules. The deadline represents a shift from current money-laundering registration requirements to comprehensive prudential oversight.
Standard Chartered has launched custody services for institutional clients, beginning with support for Ripple's RLUSD stablecoin on the XRP Ledger. The bank plans to integrate RLUSD as trading collateral with exchange LMAX, marking a significant move by a major financial institution into regulated digital asset services.
Ledger attributed a major cryptocurrency theft to CryptoBilis, a third-party reseller, saying its own systems and direct sales channels were unaffected. Bitquery estimated total losses at $93.2 million across six chains, while Ledger has not announced a repayment plan for compromised users.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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