MON Protocol token MON will be launched at 18:00 today

Odaily reports: CZ shared self-custody security advice, stating that users who purchase hardware wallets or download new software wallets should wait several weeks before transferring large amounts of funds into them.CZ said that during the waiting period, users should pay attention to relevant security news, including hacking incidents, because hardware devices may be tampered with, and official wallet software websites may also be attacked. He reminded that while self-custody enhances asset control, it also means users need to bear more security responsibility.

Odaily News: According to a notice published on the White House website on Friday, U.S. President Trump announced the establishment of a dedicated committee to investigate allegations against Federal Reserve Governor Lisa Cook. According to the notice dated October 7, Trump stated: "To assist me in fulfilling this responsibility, the committee will investigate the allegations against Governor Cook and report to me whether there exists 'good cause' to remove Governor Cook." This investigation will focus on assessing whether Cook meets the conditions for removal under the law, and does not currently mean that she has been removed.

Odaily reports that CZ posted a warning urging Ledger hardware wallet users to be more vigilant, especially those who recently purchased devices. He stated that based on currently available information, the incident appears to be related to a supply chain attack involving a certain vendor, and a small number of users may have purchased counterfeit or tampered Ledger devices.CZ said that Ledger is one of the most established and secure hardware wallets in the industry, having long withstood market tests, but similar incidents can still occur. He expressed hope and belief that BNB ecosystem participants and the entire crypto industry will assist in tracking and recovering the related funds.

Odaily reports that Ledger Support posted on X platform stating that it is currently investigating a theft of assets involving Southeast Asian users, who had purchased devices through reseller CryptoBilis. Ledger has asked CryptoBilis to suspend sales and shipments, and recommends that users who purchased devices through this reseller within the past 90 days refrain from initializing their devices; users who have already completed setup should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to a new wallet.On-chain investigator Specter previously estimated that this incident has led to the theft of hundreds of wallets across Bitcoin, Ethereum, and Tron networks, with losses exceeding $86 million. Security researcher tanuki42 previously estimated losses had exceeded $72 million and stated that the amount is still increasing. Currently, the specific cause of the incident and whether the affected devices have security vulnerabilities remain to be investigated and confirmed.

Odaily News: Dragonfly Managing Partner Haseeb Qureshi stated that the "bunker mode" proposed by Ethereum researcher Justin Drake to address the risk of AI cracking cryptographic signatures amounts to "cryptographic doomerism," and argued that migrating tokens to new addresses is not a real solution.Qureshi said that "bunker mode" can only protect assets that users have not yet transferred out of new addresses. If tokens in other addresses are attacked and heavily sold off, those assets could still lose value. He suggested that blockchain networks adopt a "Cryptographic Recovery Mode," using hash-based backup signature schemes that allow users to bind recovery mechanisms in advance, so that validators can assist in recovering assets after cryptographic signatures are cracked.Previously, Ethereum researcher Justin Drake warned that with the rapid improvement of AI mathematical capabilities, the ECDSA signature algorithm protecting crypto wallets could face the risk of being cracked within "months rather than years," and advised users to gradually migrate funds to new wallets that have not exposed public keys. Glassnode data shows that approximately 6.26 million BTC are currently held in addresses with potential risk. (Cointelegraph)

Odaily reports that according to Lookonchain monitoring, today U.S. Bitcoin ETFs saw a net outflow of 3,412 BTC, with a 7-day net outflow of 6,747 BTC, while Ethereum ETFs saw a net outflow of 38,576 ETH, with a 7-day net outflow of 206,680 ETH.