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2026-10-10 · 3 high-impact headlines

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64

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Headlines

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  1. After 9 years of dormancy, 3 early ETH wallets deposited 2,903 ETH into Coinbase, achieving a 250x return.BlockBeats news, October 10th, according to Lookonchain monitoring, 3 wallets likely belonging to the same whale, after more than 9 years of dormancy, transferred 2,903 ETH to Coinbase, valued at approximately $7.22 million at current prices. Data shows that when these wallets received the relevant ETH 9 years ago, the ETH price was only $9.9. Currently, the paper profit on this asset is about $7.19 million, with a return on investment of approximately 250 times.
  2. F2Pool co-founder Wang Chun continues to increase his ETH position: cumulative position swaps and withdrawals exceed $32 million over two days.BlockBeats news, October 10th, according to Ai Yi monitoring, F2Pool co-founder Wang Chun seems to be more bullish on ETH's trend recently. Yesterday, he swapped 235.51 WBTC for 7,848.53 ETH, worth approximately $19 million, corresponding to an ETH/BTC exchange rate of about 0.03; over the past 7 hours, he withdrew another 5,173.41 ETH from Binance, worth approximately $12.86 million, with an average withdrawal price of $2,485.89. Data shows that since October, the ETH/BTC exchange rate has continued to decline, dropping from 0.03212 to 0.03013.
  3. Trump: Oil shipments through the Strait of Hormuz now exceed pre-Iran war levels.BlockBeats news, October 10: U.S. President Trump stated that thanks to the U.S. military, the United States has fully controlled the Strait of Hormuz, and the volume of oil currently transported through the strait even exceeds pre-Iran war levels. Trump also said that Russia has agreed to supply the United States with large quantities of petroleum products, mainly diesel, and stated that this is exactly the resource the United States currently needs. He simultaneously urged U.S. refiners and retailers to immediately begin lowering oil prices, saying the United States has already provided them with large amounts of oil.
  4. New Clue in Ledger Theft Case: Distributor CryptoBilis Changed Ownership in March, Equity Registration Points to Chinese NationalBlockBeats news, October 10 — Malaysian hardware wallet retailer CryptoBilis has been revealed to have undergone a change of ownership earlier, during an investigation into a suspected supply chain attack on Ledger devices. Newly disclosed company records show that an individual named Jiaming, with a registered address in Heilongjiang Province, China, has held 100% of the company's shares since August 3. A former co-founder of CryptoBilis confirmed that the company was acquired in March of this year, and the original shareholders subsequently withdrew from all operational, managerial, and administrative roles. They stated that after the handover, the founding team could no longer understand the company's actual operations and only continued to assist with coordination of certain activities, emphasizing "we are no longer part of the company" and urging current management to handle the incident transparently. The disclosure of this equity change comes as CryptoBilis is under scrutiny for allegedly being involved in a supply chain attack on Ledger hardware wallets, with the relevant devices reportedly implanted with hidden modules capable of stealing seed phrases. However, there is currently no conclusive evidence linking CryptoBilis's ownership change to the related wallet theft incidents. CryptoBilis has temporarily suspended the sale and shipment of hardware wallets of all brands across all stores and online channels in Malaysia, the Philippines, and Indonesia, and has closed its physical stores until further notice.
  5. SlowMist Analyzes Suspected Hardware Implant Attack on Ledger: Malicious Module May Steal Seed Phrases via Screen Data CableBlockBeats news, October 10: SlowMist Chief Information Security Officer 23pds posted that if the Ledger device PCB was modified in the manner described by former Mt. Gox CEO Mark Karpelès, then the attacker would possess a fairly high level of technical sophistication. The attack flow may be: the wallet generates the mnemonic within the secure element (SE), then displays the mnemonic on the screen for the user to write down; a malicious module obtains the displayed content through screen data lines such as SPI, records the complete mnemonic, and then sends the data to the attacker via LTE/eSIM, ultimately leading to the theft of the user's assets. The role of the secure element is to prevent the private key from being directly read or exported, but it cannot prevent an external module from obtaining the information being displayed on the screen. However, the above analysis is based on the premise that the PCB was indeed modified in the described manner, and the relevant attack path and hardware implantation situation still await independent verification. BlockBeats reported yesterday that former Mt. Gox CEO Mark Karpelès disclosed in a post that a Ledger hardware wallet he received appeared to have been implanted with a spy module. The device came from Malaysia, the outer shrink wrap was intact, and after opening it, abnormalities were difficult to detect immediately. The implant was hidden in the position where the screen's original cushioning pad should have been. Karpelès further explained that the module contains an LTE communication component, an antenna, an eSIM, and a microcontroller connected to the Ledger SPI bus. It can analyze the characters displayed by the device to the user and send the relevant data after the mnemonic setup is completed.
  6. Ledger reseller CryptoBilis suspends omnichannel hardware wallet sales in Malaysia, the Philippines, and Indonesia.BlockBeats news, October 10 - In response to the recent Ledger device security incident, hardware wallet retailer CryptoBilis has announced that it has temporarily suspended the sale and shipment of hardware wallets of all brands across all stores and online channels in Malaysia, the Philippines, and Indonesia, and has closed its offline stores until further notice. CryptoBilis stated that this move is a precautionary measure aimed at protecting customers. Ledger's investigation is still ongoing, and the company will also have independent experts review its own business processes. For orders that have not yet been delivered, CryptoBilis will proactively contact the relevant customers; customer service remains open as normal. CryptoBilis expects to release further updates within 3 business days, and reminds users who have purchased Ledger devices to read its customer notice and Ledger's official security advisory, never disclose wallet mnemonic phrases or PIN codes to anyone, and do not click on links asking to connect a wallet, enter a mnemonic phrase, or install software.
  7. SOL treasury company SkyAI allegedly transferred 468,000 SOL, worth approximately $51.1 million.BlockBeats news, October 10th, according to EmberCN monitoring, the address associated with Nasdaq-listed SOL treasury company SkyAI (SKYA) transferred out 468,000 SOL in the past 24 hours, valued at approximately $51.1 million at current prices. Among them, 218,000 SOL was transferred to multiple centralized exchanges, and another 250,000 SOL was transferred to institutional crypto asset service platform BitGo. SkyAI's latest filing released on September 14th showed that the company held over 2 million SOL in reserves at that time. It is currently unclear whether this transfer means the company is selling SOL, and the related fund flows cannot directly prove that it has completed a reduction in holdings.
  8. US CFTC Proposes to Bring Prediction Market Event Contracts Under Swaps Regulation, Seeking Federal Regulatory AuthorityBlockBeats news, October 10: The U.S. Commodity Futures Trading Commission (CFTC) on Friday issued an interim final rule and proposed another new rule, seeking to further establish its regulatory authority over prediction markets. Under the new proposal, event contracts on sports, politics, culture, and weather traded on platforms such as Kalshi and Polymarket would be brought under the existing U.S. swaps regulatory framework, with the CFTC responsible for oversight; casino-style gambling would be excluded from the definition of swaps. The two rules differ in legal effect and stage of advancement: the interim final rule has taken effect immediately but is still open to public comment; the other rule, which explicitly includes event contracts in the definition of swaps, remains at the proposal stage, with a 30-day public comment period. The move comes as the CFTC is engaged in legal disputes with multiple states over regulatory authority concerning prediction markets. The states involved argue that some sports event contracts are essentially gambling operations and should be subject to state-level gambling regulations; CFTC Chairman Mike Selig maintains that such contracts are financial derivatives under the jurisdiction of the federal agency. The dispute between the two sides has been submitted to the U.S. Supreme Court, and recent rulings by federal appellate courts have also shown divisions. The new rules could serve as an important basis for the CFTC to support its regulatory position in subsequent litigation.