SafePal Responds to Hardware Wallet Security Concerns, Reminds Users to Verify Ledger Device Authentication, Activation Records, and Packaging Seals

Odaily News: According to KB Securities analysts E.T. Lee and D.E. Lee, although the AI boom has kept semiconductor companies' profit expectations elevated, the pullback in South Korean chip stocks may partly reflect investors' skepticism about earnings sustainability. Samsung Electronics and SK Hynix shares fell for a fifth consecutive trading session.The two analysts wrote in a report, "Investors still appear to view semiconductors as a cyclical industry and remain skeptical about the sector's ability to sustain earnings generation." They noted that while supply bottlenecks can drive profit surges during boom periods, the eventual easing of supply bottlenecks could lead to excess inventory and overinvestment. They added that similar patterns have also emerged in industries such as post-pandemic diagnostic test kits, masks, toilet paper, and container shipping. (Jinshi)

Odaily Report: South Korea's KOSPI index closed down 348.9 points, or 5.47%, at 6,035.34 on Tuesday, October 13. SK Hynix plunged 10.09%, while Samsung Electronics fell 7.38%.

Odaily News: Applied Materials (AMAT), the largest semiconductor equipment manufacturer in the United States, recently projected that its revenue will double in the coming years. The company is also leveraging AI tools to drive innovation and product R&D, and exploring methods to improve semiconductor yield rates.

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.

According to Lookonchain monitoring, AguilaTrades (@AguilaTrades) previously had a floating profit of $165,000, but was liquidated again 3 hours later.

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.