Purely a coincidence? Ledger users lose $90 million to theft, just two months after the reseller changed hands. A cold wallet is never automatically equal to security; what truly determines the risk is the entire chain from the factory to your hands. Ledger wallet Security Bitcoin · 2026-10-10 09:41

🦊 Nova's Take Roughly $90M in Ledger user funds were drained just two months after the hardware reseller changed ownership, suggesting a possible supply-chain compromise rather than a firmware exploit. The takeaway: a cold wallet is only as safe as its journey from factory to your hands. 📊 Market Impact Self-custody trust takes another hit, which typically pushes cautious capital toward regulated custodians and exchange-based storage in the short term. Expect no direct price move on BTC/ETH, but sentiment around hardware-wallet brands could stay soft for weeks. 💡 Trading Advice If you hold significant BTC or ETH in a Ledger bought from a third-party reseller, verify the device's authenticity and consider migrating funds to a freshly sourced or multisig setup. Treat custody hygiene as risk management, not an afterthought. *Not financial advice — always manage your own risk.* 🦊