Ledger Attack Spreads to Europe

The attack on Ledger devices, which resulted in users in Asia losing around $93.4 million, as estimated by Yfarmx across 471 addresses (Ledger has not confirmed this figure), has spread to Europe. User Johannes showcased a modified device purchased two weeks ago at MediaMarkt. The implant resembles an earlier version found in Asia, but no funds were stolen. Mark Karpeles from Mt Gox noted that the antenna indicates a 'Eurasian version,' meaning implant versions were made for different mobile frequencies. Ledger has not confirmed the connection of the European device to the same attack, asked CryptoBilis to suspend sales, and advises customers from the past 90 days to transfer their assets.

Cybersecurity company Veria Labs received $250,000 for discovering an overflow in XRP's code, which had existed since 2015. A single transaction could create over 18 trillion XRP, 184 times the supply. According to Kaiden Liao, this put $94 billion at risk, more than 60 times the largest hack in crypto history. The bug was fixed on September 25, with no signs of exploitation. Vitalik Buterin supported Justin Drake: AI mathematics might undermine cryptography before quantum computers. 'I don't recommend rushing to move funds, but risks should be taken seriously.' Samsung Wallet will add USDC transfers for 82 million Galaxy users in the US at the end of October, via Bastion, Coinbase Prime Vault, Solana, and Sui.

Andrew Cuomo stated that the crypto industry, by supporting Republicans, has alienated Democrats, whose votes are needed for the law. Kalshi gives a 61% chance of Democrats winning both houses. Market update: BTC −2.8% (83435), ETH −6.5% (2,562), XRP −7% ($1.40), market cap $2.82 trillion. Leaders: STRK +91%, Binance Life +25.4%, TIA +20.8%. Laggards: VVV −18.5%, SKY −16.2%, UNI −15.4%. Tom Lee at Token2049 stated that ETH will exceed $5,000 by the end of the year and could be worth $25,000–50,000 over the cycle. Bitmine is approaching 5% and will not buy beyond that. Coldcard is investigating a phishing link in its X account. THORChain accused Tether of freezing 1.45 million USDT, funds were unlocked two hours later. Alex Mashinsky is permanently banned from the crypto industry, securities, and commodities markets under a settlement with New York for up to $35 million.