🔴 An Electrum user lost funds just by trying to speed up a transaction No stolen seed phrase. No fake wallet download. Hackers found a way to trick Electrum, one of Bitcoin's oldest wallets, into getting users to approve payments to the wrong address. Here's what happened. Imagine sending a package to your friend. A dishonest delivery worker intercepts it, secretly changes the destination to his own house, and tells you the package is stuck. You pay extra to speed up delivery. But here's the catch: you've just approved sending the package to the thief. That's essentially how this attack worked. Hackers used malicious servers to replace legitimate Bitcoin transactions with fake ones inside the wallet's history. When users tried to speed up their payments by increasing the transaction fee, the wallet could sign the attacker's transaction instead. The hackers even made their wallet addresses end with the same four characters as the real recipient's address. Electrum received two reports, including one confirmed loss, and released a security fix on October 24, 2026. The scary part? The attacker didn't need your private keys. They tricked the wallet into getting you to authorize the theft. If you use Electrum, update to version 4.8.3 or later and always verify the full destination address before signing. Your crypto security is only as strong as the information you're trusting.

Look at my beautiful finish also happy to say those infinity edges actually lights up

Who is still doing this?

Is Ryder One better than Ledger by Alessandro Crypto youtube.com/watch?v=dbrzxKQQ…

but i guess no one is selling atm 🙄

Ryder One vs Ledger: Which is the Better Hardware Wallet by @NordicMiner youtube.com/watch?v=xuDx1CZ8…

We stand with @Ledger through this incident, just as we'd stand with @Trezor or any other player facing a security crisis. We're competitors, but we're building the same category. The goal is to make crypto safer, we should be raising the bar together, not tearing each other down.

🚨 Over $90M in crypto reportedly stolen from 300+ wallets. Early investigations point to a potential supply-chain attack involving devices sold through a @Ledger reseller in Southeast Asia, rather than a breach of Ledger's infrastructure. The exact attack method remains unconfirmed. Our thoughts are with everyone affected. Losing your hard-earned savings is devastating. At Ryder, we believe security isn't about competing with other hardware wallets. We're all working toward the same mission: making self-custody safer for everyone. We've published a series of articles covering: → What investigators have uncovered so far → How hardware wallet supply-chain attacks could happen → Why protecting your recovery phrase is critical → How these security considerations influenced Ryder One's design Incidents like this remind us why we build what we build. The industry gets stronger when we learn from each other. We hope those affected get the answers and support they deserve. Read our full coverage 👇

TOKEN2049 was about being in the right rooms. Marvin Janssen, Co-Founder of Ryder, catching up with people from: → @maxime_bucaille of @DraperVC → @samizb of @DraperDragon @OrionFund → @F_Gregaard from @Cardano Different ecosystems. Different perspectives. Same question: What does the next generation of crypto actually need? For us, the answer is still simple: better self-custody. Good week in Singapore. More coming!