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Door Remote - 10 Oct 2026
Today in crypto, Meanwhile, a Sam Altman-backed life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors for a total $180 million, Ledger investigated suspected cryptocurrency losses involving devices sold by a Southeast Asian reseller and the European Securities and Markets Authority (ESMA) sought industry feedback on the use of tokenized collateral in clearinghouses.
Sam Altman-backed Bitcoin life insurer, Meanwhile, raises more fundsMeanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors.
Bermuda-based Meanwhile, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million.
Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, it said in a statement.
The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability, according to the statement on Thursday.
“Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on,” Zac Townsend, Meanwhile’s co-founder and CEO, said in the statement. “Brokers came to us because their clients kept asking. This round lets us keep up with them.”
Ledger probes suspected crypto thefts tied to Southeast Asian resellerLedger is investigating reports of cryptocurrency losses involving hardware wallets sold by an authorized Southeast Asian reseller, as blockchain researchers separately report suspected thefts exceeding $72 million.
The hardware wallet manufacturer has instructed CryptoBilis, an authorized reseller in Indonesia, Malaysia and the Philippines, to suspend sales and shipments while it investigates.
Customers who purchased devices from CryptoBilis in the past 90 days have been advised not to activate them. Those already using the devices should consider transferring their holdings to a new Ledger wallet with a newly generated recovery phrase.
Meanwhile, onchain investigator tanuki42 identified eight addresses allegedly connected to more than $72 million in stolen cryptocurrency. Another researcher, Specter, estimated losses exceeding $86 million across Bitcoin, Ethereum and Tron.
Security Alliance (SEAL) urged potential victims whose funds reached the identified addresses to contact its incident-response team.
Ledger has not verified the reported losses or established a connection between the suspicious transactions and CryptoBilis.
The company said its infrastructure and services were not compromised and that it had received no similar reports involving devices sold through its own sales channels. The investigation remains ongoing.
ESMA seeks evidence tokenized collateral can be cashed out in crisisESMA wants evidence that clearinghouses can access tokenized collateral and turn it into cash if markets come under stress.
ESMA published a call for evidence Friday to seek industry feedback on the implications of tokenized collateral.
“We must create the conditions for tokenized markets to operate safely and at scale across borders, with legal certainty, interoperable infrastructures and appropriate supervision,” ESMA Chair Verena Ross said.
Tokenized collateral is entering live European clearing operations as banks and investors seek faster access to securities to meet margin requirements. ESMA’s review will help determine whether existing EU rules can ensure clearinghouses can access and liquidate such collateral when a member defaults.
Sam Altman-backed Bitcoin life insurer, Meanwhile, raises more fundsMeanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors.
Bermuda-based Meanwhile, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million.
Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, it said in a statement.
The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability, according to the statement on Thursday.
“Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on,” Zac Townsend, Meanwhile’s co-founder and CEO, said in the statement. “Brokers came to us because their clients kept asking. This round lets us keep up with them.”
Ledger probes suspected crypto thefts tied to Southeast Asian resellerLedger is investigating reports of cryptocurrency losses involving hardware wallets sold by an authorized Southeast Asian reseller, as blockchain researchers separately report suspected thefts exceeding $72 million.
The hardware wallet manufacturer has instructed CryptoBilis, an authorized reseller in Indonesia, Malaysia and the Philippines, to suspend sales and shipments while it investigates.
Customers who purchased devices from CryptoBilis in the past 90 days have been advised not to activate them. Those already using the devices should consider transferring their holdings to a new Ledger wallet with a newly generated recovery phrase.
Meanwhile, onchain investigator tanuki42 identified eight addresses allegedly connected to more than $72 million in stolen cryptocurrency. Another researcher, Specter, estimated losses exceeding $86 million across Bitcoin, Ethereum and Tron.
Security Alliance (SEAL) urged potential victims whose funds reached the identified addresses to contact its incident-response team.
Ledger has not verified the reported losses or established a connection between the suspicious transactions and CryptoBilis.
The company said its infrastructure and services were not compromised and that it had received no similar reports involving devices sold through its own sales channels. The investigation remains ongoing.
ESMA seeks evidence tokenized collateral can be cashed out in crisisESMA wants evidence that clearinghouses can access tokenized collateral and turn it into cash if markets come under stress.
ESMA published a call for evidence Friday to seek industry feedback on the implications of tokenized collateral.
“We must create the conditions for tokenized markets to operate safely and at scale across borders, with legal certainty, interoperable infrastructures and appropriate supervision,” ESMA Chair Verena Ross said.
Tokenized collateral is entering live European clearing operations as banks and investors seek faster access to securities to meet margin requirements. ESMA’s review will help determine whether existing EU rules can ensure clearinghouses can access and liquidate such collateral when a member defaults.