Former Mt.Gox CEO Questions Ledger's Security Claims as Contradicting Technical Documentation, Alleging Consumer Misleading

Odaily Report: With two weeks to go until US midterm election day, Republicans face a grim political landscape. According to a poll jointly conducted by The Washington Post, ABC News, and Ipsos, US President Trump's approval rating has fallen to a new low, while Democrats are gaining ground in the fight for congressional control as inflationary pressures mount and voter dissatisfaction grows. Trump's approval rating currently stands at 33%, with a disapproval rating of 66%; among them, 52% of respondents said they strongly disapprove of his performance. This approval rating is down 8 percentage points from the same period last year and lower than at any point during his first term. The poll also found that, for the first time in more than a decade, Democrats have earned higher voter trust than Republicans on economic governance. The overall results of the new poll show that American voters have lost confidence in the president, are deeply concerned about Trump's decision to launch a war against Iran, and are bearing the economic impact of the war, especially the toll of rising gasoline prices on household finances.

According to Odaily monitoring, a certain address's contract account has accumulated profits exceeding $126 million. Between 08:05 and 10:25 on October 19, the address first closed approximately $18.51 million worth of BTC short positions, then opened approximately $24.09 million worth of BTC short positions, net increasing its position by approximately $5.61 million, with the short position value rising from approximately $14.62 million to approximately $20.29 million; the closing of the position resulted in a loss of approximately $46,000.Address: 0x7fdafde5cfb5465924316eced2d3715494c517d1

Odaily reports: Tesla and SpaceX CEO Elon Musk said in a preview of biographer Walter Isaacson's new podcast "The Builders" that cutting government spending cannot fundamentally solve the US fiscal deficit problem, and that AI and robots are the only way to solve the US national debt problem.Reflecting on his experience leading the US Department of Government Efficiency, Musk pointed out that Trump, Congress, and the judicial system all lack the will to truly cut government spending. He admitted that he had previously devoted too much time to government affairs, and if he could choose again, his formal tenure should have been shortened to one or two months rather than four, and he should have shifted his energy back to the AI field earlier.The Congressional Budget Office estimates that the US federal fiscal deficit will reach $1.9 trillion in fiscal year 2026 and further expand to $3.1 trillion by 2036. (Cailian Press)

Odaily: Mark Karpelès, former CEO of Mt.Gox, posted on the X platform, questioning that Ledger's statements about hardware wallet security contradict its official technical documentation.Karpelès pointed out that Ledger customer service previously claimed that the secure element chip is capable of detecting physical tampering and signal interception by additional hardware implants, but Ledger's official documentation explicitly states that when the secure element chip remains intact, the genuine check cannot identify unauthorized physical modifications, including malicious implants.In addition, Ledger had shown photos of such implants in an Academy article in March 2026. Karpelès believes this indicates that Ledger was previously aware of and had documented the relevant security threats, and that its external security claims directly contradict its technical documentation, allegedly misleading consumers.

1. CZ responds to BNB phone proposal: not sure whether carrying a crypto phone everywhere is a good idea;2. Data: The crypto industry suffered $1.18 billion in losses from attacks in Q3, with about 77% related to issues such as insufficient audit coverage;3. 10x Research: Altcoin rebound momentum fades, tracked tokens fell an average of 14% last week, and market capital continues to flow out;4. Iran: Has formulated response plans for possible new "adventurist acts";5. BIS working paper: Rising bank deposit rates slow stablecoin growth;6. After the CLARITY Act setback, SEC Chairman Atkins still advances comprehensive crypto regulation;7. "Bitcoin Jesus" Roger Ver pursued for up to $49.9 million in taxes 10 years after renouncing U.S. citizenship;8. Crypto tax law to take effect in 2027, Latvian parliament passes relevant bill;9. External wallet transfers open in phases, Charles Schwab supports eligible clients transferring Bitcoin and Ethereum in and out;10. Deepseek announces API web search and crawling fees: 5 yuan per 1,000 successful requests;11. Binance and Coinbase participate in West African anti-fraud operation, helping identify over $11 million in funds pending freeze.

Odaily reports: According to monitoring by on-chain analyst Aunt Ai, an address withdrew 1,417.77 ETH worth $3.78 million from Binance between September 19 and September 23; 8 hours ago, the address deposited all of the ETH into an exchange at a deposit price of $2,364.18. The address had previously accumulated ETH at an average price of $2,667.77. If sold, it is expected to lose $430,000, a 11.38% reduction in assets.