CryptoBilis Ledger Hack Results in $95 Million Theft, $10 Million Frozen
A recent hack on CryptoBilis Ledger has resulted in the theft of $95 million, with $10 million frozen by authorities.
A recent hack on CryptoBilis Ledger has resulted in the theft of $95 million, with $10 million frozen by authorities. Shiba Inu (SHIB) is trading at $0.00000489, up 0.4% since this brief published. This is an original TLT brief synthesising 2 outlets (Crypto.news, U.Today), with their figures cross-checked, plus live market data, as of Thu, 29 Oct 2026 11:00:08 UTC.
The significant theft highlights ongoing security vulnerabilities in crypto wallets and the challenges of asset recovery in decentralized systems.
- CryptoBilis Ledger hack resulted in $95.35 million stolen from 1,486 addresses.
- $13.84 million moved in the past 48 hours, with $10 million frozen by authorities.
- The incident underscores the need for enhanced security measures in crypto storage.
Crypto.news and U.Today both report that the CryptoBilis Ledger hack resulted in the theft of $95.35 million from 1,486 addresses, with $10 million frozen by authorities. However, U.Today emphasizes the movement of 2.27 trillion PEPE tokens and the subsequent 10.8% price increase, while Crypto.news focuses on the broader implications of the hack and the movement of stolen funds.
The CryptoBilis Ledger has been compromised, resulting in the theft of $95.35 million from 1,486 addresses, according to blockchain analytics firm Arkham. The incident has raised concerns about the security of crypto wallets and the challenges of asset recovery in decentralized systems.
In the aftermath of the hack, $13.84 million of the stolen funds have been moved in the past 48 hours, with $10 million frozen by authorities. This highlights the ongoing efforts to track and recover the stolen assets, although the effectiveness of these measures remains uncertain.
While the hack has dominated headlines, other significant movements have been observed in the crypto market. Two dormant whales moved 2.27 trillion PEPE tokens, leading to a 10.8% price increase for the meme coin. This surge has narrowed the SHIB–PEPE market cap gap to a record low of $1.06 billion, as reported by U.Today.
The broader crypto market remains under pressure, with the total market cap at $2.75 trillion and
Bitcoin down 1.66% in the past 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.
Shiba Inu (SHIB) is trading at $0.00000487, down 2.51% in the last 24 hours, while
Pepe (PEPE) is at $0.00000496, up 12.82% over the past week.
The incident underscores the need for enhanced security measures in crypto storage and the importance of robust asset recovery mechanisms. As the investigation continues, the market will be closely watching the recovery efforts and any further developments in the case.
Since this brief published about 1 hour ago, Shiba Inu (SHIB) has moved from $0.00000487 to $0.00000489 — +0.41%.
The chart plots SHIB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SHIB ≈ ₦0.006765 (about $0.00000489), down 2.1% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
CryptoBilis Ledger Hack Results in $95 Million Theft, $10 Mi — questions & answers
How much was stolen in the CryptoBilis Ledger hack?
The hack resulted in the theft of $95.35 million from 1,486 addresses.
What is the current status of the stolen funds?
$13.84 million has been moved in the past 48 hours, with $10 million frozen by authorities.
How has the hack impacted the broader crypto market?
The incident has not significantly impacted the broader market, with Bitcoin down 1.66% and the total market cap at $2.75 trillion.
How much is 1 Shiba Inu worth in naira today?
About ₦0.006765 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.00000489. The naira price moves with both SHIB's US-dollar price and the USDT/NGN rate; use our Shiba Inu in naira page for any amount.
Has Shiba Inu's price moved since this brief was published?
SHIB is up 0.41% since this brief first published — trading at $0.00000489 now versus $0.00000487 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news, U.Today, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.