Recognising impersonation, unusual requests and exaggerated promises without accusing an entity without evidence.
News Wallets and security
Binance says attackers stole approximately $6.3 billion from its hot wallets on 29 October 2026. The exchange has promised to absorb the loss, but the latest official update reviewed on 31 October still described crypto withdrawals as suspended for security checks. Deposits remained operational. A phased withdrawal restart was targeted around 1 November, subject to testing, rather than announced as complete.
News Scams and user protection
Albuquerque, New Mexico, has banned crypto ATM operations within the US city from 21 October 2026. Machines must stop operating immediately and be removed from stores by 5 December 2026. The city said violations could bring a $500 daily fine and business licence revocation. This is a municipal ban on certain transaction methods, not on holding bitcoin.
News Wallets and security
Electrum 4.8.3 installers were published on 24 October 2026 with a fix for a high-severity vulnerability: a malicious server could display a replacement transaction directing funds to an attacker and induce the user to sign it when requesting a higher network fee. The warning applies to earlier versions connected to an untrusted server, and the developers urge users to update.
News Wallets and security
Ledger announced on 15 October 2026 that it had asked authorised resellers and distributors in Southeast Asia and Hong Kong to suspend sales following an attack involving components implanted in devices to capture seed phrases during setup. The update broadens the picture beyond the initial CryptoBilis reports. The company attributes the compromise to the distribution chain, not a breach of its systems, but that remains the manufacturer’s conclusion from its investigation.
Guide Bitcoin basics
Before buying or receiving bitcoin, establish who will hold the keys, which asset you will receive and on which network, what the process will cost and how arrival will be checked. Start by identifying the service and preparing the wallet, proceed with a limited test transfer, and only then consider another action. This guide aims to reduce operational mistakes, not recommend an investment: even correct execution does not prevent loss of value, fraud or provider failure.
Guide Wallets and security
What a seed phrase does, how it differs from a login password, and why you should not translate it or submit it through a support form.
Explainer Scams and user protection
How to check an unexpected approach, a request for a seed phrase or a promise to recover funds, without relying on a logo or username.
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