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Ledger Live is an app that allows ledger hardware wallet users to access and send their assets. A fake app named, Ledger Live Web3 on the Microsoft Corp MSFT App Store led users to assume that they were installing the actual Ledger Live interface for offline cryptocurrency storage.

What Happened:Cryptocurrency detective ZachXBT said that the scammer received about 16.8 Bitcoin BTC/USD , or $588,000, in 38 transactions using a particular wallet address, CoinDesk reported.Around $115,200 has been removed from the scammer's wallet in two transactions, leaving a balance of $473,800 or 13.5 BTC.

Community Alert: There is currently a fake @Ledger Live app on the official @Microsoft App Store which was resulted in 16.8+ BTC ($588K) stolen

Scammer address
bc1qg05gw43elzqxqnll8vs8x47ukkhudwyncxy64q pic.twitter.com/rOZ0ZWRWbn ZachXBT (@zachxbt) November 5, 2023

Read Next: BitKey, A Bitcoin Hardware Wallet From Jack Dorsey's Block, Launches Soon

The initial transaction happened on Oct. 24 for $5,210 BTC. The transactions have been occurring since Nov. 2, including the largest transfer of $81,200 on Nov. 4.

An additional $180,000 had also been stolen from the Ethereum blockchainand BNB Smart Chain (BSC), leading to atotal theft of $770,000.

This news comes on the heels of Benzingas Future Of Digital Assets Event in New York scheduled on Nov.14. Attend and learn more about how fake apps and scams are making their way into customers accounts and stealing funds. The gathering is seen as pivotal for the digital assets community.The event will spotlight the latest trends, innovations,and challenges in the digital asset realm.

Background

The fake Ledger Live Web3 application was visible in Microsofts app store as early as Oct. 19 and has now been removed, Cointelegraph reported.

This is not the first time a fake app managed to sneak not Microsofts app store. In December and March, Ledgers support account informed its users about a fake Ledger Live app.

Meanwhile, last week saw a crypto thief stealing $4.4 million worth of crypto in a single day as the toll from the LastPass breach continued to escalate. LastPass, a cloud-based storage service, is a platform that stores and encrypts password information for users.

Industry titansBlackRock,DTCC,OCC,State Street,Socit Gnrale,Hedera,Citi,BMO,Northern Trust,Citibank,Amazon,S&P Global,Google,Invesco, andMoodyswill join our November 13Fintech Deal Dayand November 14Future of Digital Assets. Secure a spot here to join them.

Also Read: SafePal Breaks New Ground With Open-source Wallet Suite And X1 Bluetooth Hardware Here's All You Need To Know

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Entertainment

Man accused of harassing Jennifer Aniston for two years before crashing car through gates of her home

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Man accused of harassing Jennifer Aniston for two years before crashing car through gates of her home

A man has been charged after allegedly harassing Hollywood actress Jennifer Aniston for two years before crashing his car through the front gate of her home, prosecutors have said.

Jimmy Wayne Carwyle, of New Albany, Mississippi, is accused of having repeatedly sent the Friends star unwanted voicemail, email and social media messages since 2023.

The 48-year-old is then alleged to have crashed his grey Chrysler PT Cruiser through the front gate of Aniston’s home in the wealthy Bel Air neighbourhood of Los Angeles early on Monday afternoon.

Prosecutors said the collision caused major damage.

Police have said Aniston was at home at the time.

A security guard stopped Carwyle on her driveway before police arrived and arrested him.

There were no reports of anyone being injured.

More from Ents & Arts

Carwyle has been charged with felony stalking and vandalism, prosecutors said on Thursday.

He also faces an aggravating circumstance of the threat of great bodily harm, Los Angeles County district attorney Nathan Hochman said.

Carwyle, who has been held in jail since his arrest on Monday, is set to appear in court on Thursday.

His bail has been set at $150,000 dollars (£112,742).

He is facing up to three years in prison if he is convicted as charged.

Read more from Sky News:
Ex-police officers cleared of murdering motorist
Woman killed by alligator in Florida lake
Motown legend accused of sexually assaulting housekeepers

“My office is committed to aggressively prosecuting those who stalk and terrorise others, ensuring they are held accountable,” Mr Hochman said in a statement.

Aniston bought her mid-century mansion in Bel Air on a 3.4-acre site for about 21 million dollars (£15.78m) in 2012, according to reporting by Architectural Digest.

She became one of the biggest stars on television in her 10 years on NBC’s Friends.

Aniston won an Emmy Award for best lead actress in a comedy for the role, and she has been nominated for nine more.

She has appeared in several Hollywood films and currently stars in The Morning Show on Apple TV+.

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Business

Trump set to announce US will agree trade deal with UK, Sky News understands

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Trump set to announce US will agree trade deal with UK, Sky News understands

Donald Trump is set to announce that America will agree a trade deal with the UK, Sky News understands.

A government source has told Sky’s deputy political editor Sam Coates that initial reports about the agreement in The New York Times are correct.

Coates says he understands a “heads of terms” agreement, essentially a preliminary arrangement, has been agreed which is a “substantive” step towards a full deal.

Three sources familiar with the reported plans had earlier told the New York Times that the US president will announce on Thursday that the UK and US will agree a trade deal.

Shortly after the report emerged the value of the British pound rose by 0.4% against the US dollar.

Mr Trump had earlier teased that he would be announcing a major trade deal in the Oval Office at 10am local time (3pm UK time) on Thursday without specifying which country it had been agreed with.

Writing in a post on his Truth Social platform on Wednesday, he said the news conference announcing the deal would be held with “representatives of a big, and highly respected, country”.

More from US

He did not offer more details but said the announcement would be the “first of many”.

A White House spokesperson has declined to comment on the New York Times report.

Senior Trump officials have been engaging in a flurry of meetings with trading partners since the US president announced his “liberation day” tariffs on both the US’ geopolitical rivals and allies on 2 April.

Mr Trump imposed a 10% tariff on most countries including the UK during the announcement, along with higher “reciprocal” tariff rates for many trading partners.

However those reciprocal tariffs were later suspended for 90 days.

Britain was not among the countries hit with the higher reciprocal tariffs because it imports more from the US than it exports there.

However, the UK was still impacted by a 25% tariff on all cars and all steel and aluminium imports to the US.

A UK official said on Tuesday that the two countries had made good progress on a trade deal that would likely include lower tariff quotas on steel and cars.

Read more:
UK chancellor outlines red lines for US trade deal
Will MPs get a vote on a trade deal with Donald Trump?

Please use Chrome browser for a more accessible video player

Trump Tariffs: How the 10 days unfolded

Mr Trump said the same day that he and top administration officials would review potential trade deals with other countries over the next two weeks to decide which ones to accept.

Last week he said that he has “potential” trade deals with India, South Korea and Japan.

Asked on Sky News’ Breakfast programme about the UK-EU summit on 19 May and how Mr Starmer would balance relationships with the US and EU, Coates said: “I think it is politically helpful for Keir Starmer to have got the heads of terms, the kind of main points of a US-UK trade deal, nailed down before we see what we have negotiated with the EU — or, more importantly, Donald Trump sees what we have negotiated with the EU.”

Coates said there was “always a danger” that if it happened the other way around, Mr Trump would “take umbrage” at negotiations with the EU and “downgrade, alter or put us further back in the queue” when it came to a UK-US trade deal.

US and Chinese officials to discuss trade war

It comes as the US and China have been engaged in an escalating trade war since Mr Trump took office in January.

The Trump administration has raised tariffs on Chinese goods to 145% while Beijing has responded with levies of 125% in recent weeks.

US Treasury secretary Scott Bessent and US trade representative Jamieson Greer are set to meet their Chinese counterparts in Switzerland this week to discuss the trade war.

China has made the de-escalation of the tariffs a requirement for trade negotiations, which the meetings are supposed to help establish.

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Politics

Trump set to announce US will agree trade deal with UK, Sky News understands

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Trump set to announce US will agree trade deal with UK, Sky News understands

Donald Trump is set to announce that America will agree a trade deal with the UK, Sky News understands.

A government source has told Sky’s deputy political editor Sam Coates that initial reports about the agreement in The New York Times are correct.

Coates says he understands a “heads of terms” agreement, essentially a preliminary arrangement, has been agreed which is a “substantive” step towards a full deal.

Three sources familiar with the reported plans had earlier told the New York Times that the US president will announce on Thursday that the UK and US will agree a trade deal.

Shortly after the report emerged the value of the British pound rose by 0.4% against the US dollar.

Mr Trump had earlier teased that he would be announcing a major trade deal in the Oval Office at 10am local time (3pm UK time) on Thursday without specifying which country it had been agreed with.

Writing in a post on his Truth Social platform on Wednesday, he said the news conference announcing the deal would be held with “representatives of a big, and highly respected, country”.

More from US

He did not offer more details but said the announcement would be the “first of many”.

A White House spokesperson has declined to comment on the New York Times report.

Senior Trump officials have been engaging in a flurry of meetings with trading partners since the US president announced his “liberation day” tariffs on both the US’ geopolitical rivals and allies on 2 April.

Mr Trump imposed a 10% tariff on most countries including the UK during the announcement, along with higher “reciprocal” tariff rates for many trading partners.

However those reciprocal tariffs were later suspended for 90 days.

Britain was not among the countries hit with the higher reciprocal tariffs because it imports more from the US than it exports there.

However, the UK was still impacted by a 25% tariff on all cars and all steel and aluminium imports to the US.

A UK official said on Tuesday that the two countries had made good progress on a trade deal that would likely include lower tariff quotas on steel and cars.

Read more:
UK chancellor outlines red lines for US trade deal
Will MPs get a vote on a trade deal with Donald Trump?

Please use Chrome browser for a more accessible video player

Trump Tariffs: How the 10 days unfolded

Mr Trump said the same day that he and top administration officials would review potential trade deals with other countries over the next two weeks to decide which ones to accept.

Last week he said that he has “potential” trade deals with India, South Korea and Japan.

Asked on Sky News’ Breakfast programme about the UK-EU summit on 19 May and how Mr Starmer would balance relationships with the US and EU, Coates said: “I think it is politically helpful for Keir Starmer to have got the heads of terms, the kind of main points of a US-UK trade deal, nailed down before we see what we have negotiated with the EU — or, more importantly, Donald Trump sees what we have negotiated with the EU.”

Coates said there was “always a danger” that if it happened the other way around, Mr Trump would “take umbrage” at negotiations with the EU and “downgrade, alter or put us further back in the queue” when it came to a UK-US trade deal.

US and Chinese officials to discuss trade war

It comes as the US and China have been engaged in an escalating trade war since Mr Trump took office in January.

The Trump administration has raised tariffs on Chinese goods to 145% while Beijing has responded with levies of 125% in recent weeks.

US Treasury secretary Scott Bessent and US trade representative Jamieson Greer are set to meet their Chinese counterparts in Switzerland this week to discuss the trade war.

China has made the de-escalation of the tariffs a requirement for trade negotiations, which the meetings are supposed to help establish.

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