Cryptocurrency News: 311 Drained Ledger Wallets Rattle Bitcoin and Ether Holders as Buyers Flock to Pepeto
The worst cryptocurrency news is the kind where the victims did nothing wrong. This week, hundreds of people bought a sealed wallet from a store they trusted and still lost their coins. Buyers of tampered Ledger devices from one reseller lost an estimated $93 million across 311 wallets, per crypto.news.
Bitcoin and Ether will get past this. The lesson, though, applies to every tool that sits between you and your coins, including bridges between chains.
That lesson points to Pepeto, a presale coin that early buyers have already backed with over $11.1 million. Its bridge moves coins between chains without any company holding them in the middle.
Tampered Ledger Wallets Drain an Estimated $93 Million From 311 Buyers
On October 10, Ledger confirmed a hidden chip inside at least one device sold by CryptoBilis, a reseller in Southeast Asia, per crypto.news. The chip read each owner’s recovery phrase during setup and sent it out.
Crypto Briefing put the losses between $72 million and $93.2 million across 311 to 315 wallets. CryptoBilis stopped selling hardware wallets, and Ledger told buyers to move funds to a new phrase. The device brand was never the weak point. The weak point was the hands in between.
Who Holds Your Coins? Pepeto, Bitcoin and Ether After the Ledger Theft
Pepeto: A $0 Bridge Where No Company Ever Holds Your Coins
The fewer hands between you and your coins, the safer you are. Pepeto builds that rule into a tool people can use today. The meme coin is still in presale, yet its cross chain bridge is already live.
Moving coins between blockchains is where many people get hurt. Other bridges charge $15 to $50 per transfer and can take minutes or hours. A failed bridge can also lock funds for good, the same middleman risk this week exposed.
Pepeto’s bridge takes the middleman out. Your tokens lock in an audited contract on one chain. Once that lock is proven on chain, the same amount is created on the other side, with no IOU and no person approving the move.
It covers Ethereum, BNB Chain, Solana, Base and Arbitrum, and a transfer takes under 60 seconds. The fee is $0, so you pay only network gas, and total supply stays the same on every chain. If a transfer fails, the lock reverses on its own.
That $0 fee adds up. Ten moves that cost $15 each elsewhere keep $150 in your pocket. One move a week for a year keeps $780.
Tokens sell at an early presale price that climbs each stage, and you can pay with ETH, USDT, BNB or a card. For anyone who took this week’s lesson seriously, Pepeto offers safer moves now and a pre listing entry at the same time.
Bitcoin: $83,192 and 34% Below Its Record as a Miner Moves 996 BTC
Bitcoin is holding steady rather than racing. BTC trades at $83,192.02 on CoinMarketCap, about 34% below its $126,198.07 record from October 6, 2025. On October 9, miner MARA moved 996 BTC, worth about $81.13 million, to a Galaxy Digital wallet, per The Crypto Times.
No sale was confirmed, so the move remains a question mark. BTC needs about 52% to get back to its peak, and at $1.67 trillion in value, that is a slow walk.
Ethereum: 1.38 Million ETH Waits in Line to Be Staked
Ether holders are locking coins up instead of selling them. ETH trades at $2,516.15 on CoinMarketCap, about 49% below its $4,953.73 record from August 24, 2025. As of October 10, about 1,379,437 ETH, worth about $3.46 billion, waited to enter staking, per CryptoTicker.
That line is about 24 days long. Still, ETH must nearly double to see its record again, which is a long road from here.
Cryptocurrency News Wrap: The Earliest Believers Got Paid the Most
This week’s cryptocurrency news leaves two lessons. The first is about safety, because the losses came from whoever sat between buyers and their coins. The second is about timing.
Bitcoin and Ether were cheap once too, and the people who bought during scary headlines built real wealth. The headlines are scary again this week.
Pepeto sits where those coins once sat, still unlisted and already backed by over $11.1 million. Its presale on the Pepeto official website is that same early seat, and it holds this price only until the current stage ends.
Join the Pepeto presale on pepetocoin.com
FAQs
Which story led cryptocurrency news this week?
The Ledger reseller theft led cryptocurrency news this week. A hidden chip drained an estimated $93 million from 311 wallets.
Is Pepeto worth buying while fear runs the market?
Yes, because Bitcoin and Ether paid most to those who bought while fear ran high. Pepeto is still in presale on the Pepeto official website, before any listing.
