Hackers Steal $484,000 from DeFi Protocols After Exploiting Ledger's Connect Kit Library
Hackers stole $484,000 by inserting malicious code into the Github library for Connect Kit, a widely-used piece of blockchain software maintained by crypto wallet firm Ledger. Several major DeFi protocols that use the library have been impacted, and users have been warned to avoid using dApps until the protocols are updated. Ledger has confirmed that an employee was targeted in a phishing attack, after which the attacker published a malicious version of the Ledger Connect Kit. To completely mitigate the risk, every protocol using Ledger's Connect Kit must manually update their version of the library.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Attention is value, and AI Agents will continuously attract users and capital
To truly grow, AI entities cannot be limited to promoting meme coins.
Flash Thursday: Buy crypto with a credit/debit card for zero fees
Every Thursday, enjoy zero fees when using your local fiat currency with a credit or debit card ( Visa, Mastercard, Google Pay Apple Pay)! Buy Crypto Promotion period: Every Thursday 8:00 PM – Friday 8:00 PM (UTC+8) Promotion rules Sign up for a Bitget account or log in to your existing account. Na
Grayscale Adds XRP, Solana, Stellar to Private Placement Trusts
Cardano Network Activity Hits 2023 Highs: Is $1.5 ADA Possible?