LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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Ledger news and analysis from LC Insight: 3 stories, newest first.

Guides

Seed phrase and hardware wallet safety: the words that guard your crypto

Your seed phrase is the master key to your wallet: anyone who sees it can take everything, and if you lose it, nobody can restore it. A hardware wallet keeps keys offline, but only if the phrase stays offline too and the device is genuine.

Security

One address, two exchange hacks: DeepSea traces where this fall's stolen crypto went

DeepSea says funds from the Bitget and Binance thefts landed at the same address. Its tracker also shows how little of the loot has reached exchanges, and how much is simply sitting still.

Security

A spy chip in the box: $86.96 million drained from Ledgers sold by one reseller

Ledger says an implant hidden inside devices sold by Southeast Asian reseller CryptoBilis read the 24-word recovery phrase off the screen and sent it out over a mobile network. DeepSea puts the losses at $86.96 million. Ledger has confirmed no total.