Autor Cointelegraph by Nate Kostar

Hardware wallet maker Ledger is investigating reports of cryptocurrency losses involving devices purchased from a Southeast Asian reseller, warning affected customers to consider moving their assets to new wallets while the investigation continues.In a statement posted on X, Ledger said it had asked reseller CryptoBilis to suspend sales and shipments of its devices as a precaution. Customers who purchased devices from the reseller within the past 90 days were advised not to set them up, while those who had already done so were advised to consider transferring their assets to a new Ledger signer with a newly generated recovery phrase.CryptoBilis is listed as an authorized Ledger reseller in Indonesia, Malaysia and the Philippines.Source: Ledger SupportLedger has not disclosed how many customers may be affected or the value of the reported losses. The company also has not identified the cause of the incidents or confirmed whether the devices were compromised.Separately, onchain researchers reported suspected cryptocurrency thefts involving addresses across several blockchains. Researcher tanuki42 identified eight wallet addresses allegedly linked to more than $72 million in losses, while fellow investigator Specter estimated losses exceeding $86 million across Bitcoin, Ethereum and Tron. Ledger has not confirmed either estimate, and the extent of any connection to the CryptoBilis investigation remains unclear.Source: SpecterCrypto security organization Security Alliance (SEAL) amplified tanuki42’s findings on X, urging anyone whose funds were transferred to the identified addresses to contact its incident-response team. The organization did not provide an independent estimate of losses or identify a cause for the suspected thefts.In a statement to Cointelegraph, Ledger said the incident appeared to be isolated to the reseller and affected market, adding that it had received no reports involving devices purchased directly from the company.“Ledger’s infrastructure, systems and services were not compromised,” the company said, adding that its investigation remains ongoing.Magazine: France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 monthsCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Securitize shares climbed about 10% Thursday as the company launched tokenized versions of major US stocks on Solana, offering eligible investors exposure to equities backed by underlying shares with dividend and voting rights.The new offering, called Securitize Stocks, includes tokenized shares of Apple, Nvidia, Microsoft, Tesla and eight other US-listed companies. The tokens are backed one-for-one by underlying shares and will initially trade during extended market hours through Securitize’s registered broker-dealer platform, according to Thursday’s announcement.Securitize (SECZ) stock. Source: Yahoo FinanceSecuritize said the tokens represent security entitlements under Article 8 of the Uniform Commercial Code and preserve applicable shareholder benefits, including dividends and voting rights. The company also plans to make the assets available on tokenized securities platforms being developed by the New York Stock Exchange and OKXICE, though neither has set a launch date.The tokens will settle in USDC on Solana, with Jump Trading providing liquidity through market-making services. Trading will begin during extended market hours, with plans to expand to 24/7 trading on an unspecified timeline. Beyond trading, the company is exploring broader uses for the tokenized equities. According to Securitize, Ripple Prime plans to support the launch and explore incorporating the assets into its institutional trading services, while decentralized lending platform Aave has been identified as a potential venue for using the stocks as collateral.Ripple Prime did not respond to Cointelegraph’s request for additional details by publication time.Related: Securitize Capital becomes SEC-registered investment adviserSecuritize shares rally twice in one weekThursday marked the second sharp intraday rally for Securitize shares this week. The stock climbed nearly 8% in early trading Tuesday, when the company announced a partnership with South Korean technology firm LG CNS to explore tokenized funds, equities and stablecoins for financial institutions.The South Korean agreement also covers infrastructure that could connect local financial institutions with global capital markets. It follows a September memorandum of understanding with Dubai’s Virtual Assets Regulatory Authority to support regulated tokenization initiatives in Dubai.Securitize shares have gained roughly 54% over the past month, according to Yahoo Finance data.The company’s expansion comes amid broader growth in tokenized real-world assets. RWA.xyz data shows distributed asset value excluding stablecoins reached $38.88 billion as of Thursday, up from $25.36 billion a year earlier.Source: RWA.xyzMagazine: Crypto lending rises again… but have they solved the risks?

Tokenization could reshape financial markets by making trading and settlement more efficient, but legal uncertainty and risks to financial stability could hinder wider adoption, according to the International Monetary Fund (IMF).In a Thursday analysis, the IMF said tokenized financial markets are growing rapidly but remain small compared with traditional markets, with poor interoperability and a lack of widely accepted settlement assets among the key obstacles to expansion.The gap between tokenization’s potential and its current scale is evident in trading activity. Tokenized repurchase agreements, or repos, dominate tokenized trading activity, averaging $300 billion to $350 billion in daily transaction volume, compared with roughly $13 trillion traded daily in the broader US repo market.Beyond repos and stablecoins, outstanding tokenized asset value is concentrated in credit products and money market funds. Tokenized real-world assets (RWAs) reached approximately $65 billion in outstanding value as of July, a small fraction of the roughly $300 trillion in global capital-market assets. Tokenized credit accounted for $30.4 billion, followed by money market funds at $17.5 billion, while tokenized equities represented about $2.3 billion.Related: ‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity Investors embrace 24/7 trading as risks persistDespite their limited scale, tokenized equities are attracting investors seeking around-the-clock trading and fractional ownership. The IMF found that more than half of tokenized equity trading occurred outside regular US market hours, while roughly 80% of trades involved less than one share.The IMF also found that overnight price movements in tokenized equities appeared in traditional stock prices shortly after markets opened, suggesting tokenized markets could provide useful price signals outside regular trading hours.Tokenized equity trading volumes by trading hours and exchange type. Source: IMFHowever, the IMF said that tokenized equities were significantly less liquid and exhibited roughly 1.5 times the realized volatility of their traditional counterparts. It warned that as tokenized markets grow, greater interconnectedness and leverage could amplify traditional financial risks, including fire sales, liquidity runs and contagion. The IMF called for clearer legal and regulatory frameworks, greater interoperability between tokenized and traditional financial systems, and safeguards to address emerging vulnerabilities as adoption expands. For now, however, the report noted that systemic risks currently remain limited because adoption is still relatively small.IMF, European regulators raise tokenization concernsThis is not the first time the IMF has raised concerns about tokenization. In November 2025, it warned that automated trading and interconnected smart contracts could amplify market volatility and flash crashes. In April, it cautioned that faster settlement could accelerate financial stress, while a July analysis highlighted systemic risks from fragmented platforms and insufficient regulatory coordination.European regulators have raised similar concerns. Last month, the European Securities and Markets Authority (ESMA) warned that growing links between crypto and traditional finance, including through tokenized equities, could increase the risk of financial shocks spreading across markets.“Tokenization may yet transform finance, but its future will be determined less by technological possibilities than by policies that ensure market depth, trust, and sound safeguards,” the IMF authors concluded in Thursday’s blog post.Magazine: Crypto lending rises again… but have they solved the risks?

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Sui’s programmable offchain tunnels reached 40.6 million transactions per second in a live test designed to simulate high-frequency activity between AI agents.Sui said its programmable offchain tunnels processed more than 40 million transactions per second during a live stress test, surpassing a previous record set in July. The test, conducted Wednesday at Sui Basecamp in Singapore, peaked at 40,614,180 TPS, up from about 6.1 million TPS in a similar test in July.The transactions were processed offchain through Sui tunnels, programmable channels that settle to the Sui blockchain when closed. More than 10,000 tunnels were opened on Sui mainnet during the test, with activity spanning payments, games and chat applications.Source: SUI NetworkSui said the tunnels are designed to handle high-frequency activity, including interactions between AI agents, without requiring every transaction to be processed directly onchain.“Sui is built for the moment when millions of AI agents are transacting every day,” said Adeniyi Abiodun, co-founder and chief product officer at Mysten Labs, the original contributor to Sui. He added:No market in the world needs 6 million transactions per second, let alone 40 million: people just don’t move that fast. Agents do.CertiK served as an independent auditor during the demonstration and is reviewing the test data, with a report expected in the coming days.Magazine: Capital starting to rotate back to crypto from AI: Raoul PalCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.