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Crypto
Ledger incident rattles trust - can crypto hardware wallets be trusted?
A malicious implant secretly placed in Ledger hardware wallets was found to have stolen users\' recovery phrases, spotlighting trust risks during distribution, Cointelegraph reported. Losses were reported in devices sold by an authorised reseller in Indonesia, Malaysia and the Philippines, and Ledger said it confirmed an unauthorised component in one affected unit. Experts said most users cannot detect sophisticated tampering and urged spreading risk across providers.
Crypto
Bitcoin \'BIP-110\' debate intensifies as developer-miner clash spreads
A dispute over Bitcoin consensus-rule change proposal BIP-110 is escalating among developers, miners, companies and users. The proposal would temporarily limit several ways of embedding non-financial data in Bitcoin transactions, including tighter size limits for transaction outputs and OP_RETURN. Supporters say it could curb blockchain spam and strengthen Bitcoin’s role as money. Opponents warn it could invalidate some fee-paying transactions and set a risky precedent for future protocol changes.
AI & Enterprise
Wconcept appoints fashion expert Lee Ji-eun as CEO to narrow gap with 29CM
Wconcept, a women\'s fashion platform under South Korea\'s Shinsegae Group, has appointed fashion expert Lee Ji-eun as chief executive, replacing former CEO Lee Ju-cheol, a strategy veteran from Gmarket. The company said the change aims to strengthen competitiveness in fashion, its core business. Wconcept\'s operating profit and revenue have shown uneven performance since its acquisition by Shinsegae\'s SSG.com. The transaction-value gap with Musinsa-owned 29CM has widened to about twofold, industry officials said.