DCA Monk 🇦🇺

NEW: Security researcher uncovers large-scale counterfeit Ledger Nano S Plus operation distributing compromised devices across multiple platforms. A fake unit purchased from a Chinese marketplace contained modified hardware using an ESP32 chip instead of Ledger’s secure element, with seeds and PINs stored in plain text and sent to attacker-controlled servers. The device ran fake firmware labeled “Nano S+ V2.1” and supported ~20 blockchains, draining any wallet initialized on it. The seller also provided a malicious version of Ledger Live, built with React Native, signed with a debug certificate, and designed to intercept transactions and exfiltrate sensitive data to multiple command-and-control servers. The campaign spans five attack vectors: compromised hardware, Android APKs, Windows EXE files, macOS DMG installers, and iOS apps distributed via TestFlight to bypass App Store review. Experts warn that “genuine check” features can be bypassed if hardware is compromised at the source, making third-party marketplace purchases especially dangerous. Users are urged to only buy hardware wallets directly from official sources, avoid devices with pre-generated seeds, and never enter recovery phrases into companion apps. A full report has been submitted to Ledger’s security team, with further technical details expected after internal review.

JUST IN: Iran to reportedly require ships passing through Strait of Hormuz to pay tolls in Bitcoin

Australian inflation printed at 3.8% Tracking the Australian M3 money supply growth rate VS the inflation growth rate Year on Year (YoY), things look a little different. Why is the M3 (Australia's broad money) expanding at an average of: 👉M3: 7.68% per year, EVERY year and inflation at... 👉 CPI: 2.91% per year If you aren't holding assets, the gap between you working and retiring with any type of wealth is widening. I hold Bitcoin because it's a finite asset, boarderless, 24/7 liquid, and freedom money. It's an asset I can hold for the future, or spend. Only 21 million will ever be created. 20 million have already been mined, with the remaining 1,000,000 issued over the next 120 years. The issuance rate of Bitcoin per year from now until the year 2100 is 0.0686% per year. So how many times faster is the M3 going to expand on average vs Bitcoin over the next 100 years? About 107x the velocity.