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Address Loses 80 BTC After Transferring to Ledger Wallet

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An on-chain tracker says the address acquired 80 BTC roughly four months ago for about $5.2 million, averaging around $65,000 per BTC, and it carried an unrealized profit of approximately $1.38 million at one point, according to Lookonchain.

Odaily adds that the same address bought a Ledger hardware wallet from reseller CryptoBillis about a week earlier and transferred all 80 BTC to the device, after which the holdings were described as completely lost.

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Cramer Sets Starbucks Buy Level as He Notes Three New Club Buys

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The market was not particularly strong on Friday, with the S&P 500 and Nasdaq posting modest gains that were offset by higher bond yields and flat oil. Apple slid about 2% after a report of softer component orders, while Nvidia traded near the flat line as the AI trade remained under pressure.

Cramer noted that elevated yields, higher oil prices and inflation concerns led the CNBC Investing Club to add to positions in Kimberly-Clark, FedEx and Bank of New York on Thursday. The purchases were described as small shifts intended to balance exposure to AI and data-center-related names, and he indicated a tendency to pause trades on Friday.

On Starbucks, he said he had been contemplating buying more shares on Thursday after chatter that the company might pursue a Chipotle acquisition weighed on the stock. He suggested that if the stock fell to about $90 and signs emerged that Starbucks would not buy Chipotle, it could present an attractive entry point. He added that a Chipotle deal does not seem aligned with Starbucks CEO Brian Niccol's typical approach.

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Yemen Says Dawn of Yemen Operation Aims to Restore Institutions and End Houthi Rebellion

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Citing Jin10, a Yemeni representative described the Dawn of Yemen operation as designed to restore the functioning of state institutions and to end the Houthi rebellion.

He emphasized that the move is not a war against regional residents but a domestic action to protect citizens, portraying it as a confrontation between the Yemeni state and the Iran-backed Houthis.

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Solana active addresses hit 1.88 million, 13-month high

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Solana's independent active addresses climbed to about 1.88 million, the highest level seen in 13 months, according to data from SolanaFloor and Blockworks.

ChainCatcher data cited by Santiment show Solana's network growth metric up 124% from early September, with an average of around 1.71 million new wallets added daily.

The number of Solana wallets holding a balance rose 38.5% month over month to 16.1 million.

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Ledger investigates Southeast Asia asset theft linked to CryptoBilis-distributed devices

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Ledger is examining an asset-theft incident tied to Southeast Asia customers who purchased Ledger devices through the CryptoBilis distributor.

The company has asked CryptoBilis to suspend sales and shipments and advised customers who bought devices from the distributor in the past 90 days not to initialize them.

Users who have already completed setup should create a new Ledger signing device with a fresh seed phrase and move assets to a new wallet.

On-chain investigators estimate hundreds of wallets across the Bitcoin, Ethereum, and Tron networks have been compromised, with losses surpassing $86 million.

Security researcher tanuki42 previously estimated losses above $72 million and noted that the total was still rising. The exact cause of the incident and whether the devices contain a vulnerability remain under investigation.

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Dragonfly Partner Questions 'Bunker Mode' as AI-Driven Crypto Signature Risk Fix

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Dragonfly Managing Partner Haseeb Qureshi characterized Justin Drake’s bunker mode as cryptographic doomerism and argued that moving tokens to new addresses does not address the core risk. He noted that the proposal would only shield assets that have not yet moved, while other addresses could still lose value if attacked and large-scale selling occurs.

Qureshi proposed an alternative called Cryptographic Recovery Mode, which relies on a hash-based backup signature framework. The idea would allow users to pre-bind a recovery mechanism so validators could help restore assets if a cryptographic signature is compromised.

Drake has warned that, as AI capabilities advance, the ECDSA signature scheme used to protect wallets could be broken in months rather than years, and he has urged users to gradually move funds to new wallets whose public keys have not been exposed.

Recent Glassnode data indicate roughly 6.26 million BTC are held in addresses that may face potential risk.

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QNB Posts Higher Q3 Profit, Plans to Boost Digital Infra and Real Estate Financing

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Qatar National Bank Group posted a third-quarter net profit of 4.65 billion QAR, roughly 4.9% higher than a year earlier.

CEO Abdullah Mubarak Al-Khalifa said the lender will increase financing for digital infrastructure projects, real estate, and firms expanding across markets.

For the first nine months, net profit rose 4% to 13.3 billion QAR, while loans and advances grew 6% year on year to 1.061 trillion QAR.

The bank also signaled an expansion of its international banking activities and an emphasis on cross-border trade and investment opportunities.

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Ripple Challenges Banks in Leveraged ETF Swap Financing

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Ripple is entering the swap-financing market for leveraged ETFs, challenging traditional Wall Street banks, The Wall Street Journal reported. NS3.AI says Ripple joined the space last year after acquiring prime broker Hidden Road for about $1.25 billion.

Morningstar Direct counts 593 leveraged ETFs in the United States, with assets totaling more than $256 billion. Nonbank firms are gaining ground as banks tighten risk controls and as newer issuers lack established banking relationships.

Dan Aronson of Janus Henderson warned that a single-day stock move of 50% or more could wipe out a fund and leave Ripple exposed to losses.

In related market action, XRP slid about 6% on Thursday.

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