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Ledger Pushes Update as Wallet Users Targeted in Sophisticated Attack


Dec, 15, 2023
< 1 min read
by CoinEdition
Microsoft_uncovered_an_attack_targeting_cryptocurrency_startups
  • Ledger ConnectKit exposes popular dApps to wallet-draining attacks.
  • Popular dApps, including SushiSwap and Zapper, were confirmed to be affected.
  • Ledger has released a minor update to eliminate the malicious code.

Users of the renowned crypto self-custody solution Ledger have become the latest targets for a well-planned attack targeting their crypto funds. Specifically, an attacker has compromised Ledger ConnectKit, a popular software library that decentralized applications (dApps) use to connect with Ledger hardware wallets.

This vulnerability was disclosed by blockchain security tracking firm Blockaid in a recent tweet. Blockaid characterized it as a supply chain attack as the hacker poisoned the library’s source, affecting applications relying on it.

Specifically, the attacker injected malicious wallet-draining payload code into the library to drain crypto assets stored in Ledger devices connected to dApps using the compromised ConnectKit.

The post Ledger Pushes Update as Wallet Users Targeted in Sophisticated Attack appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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CryptoRankNewsLedger Pushe...

Ledger Pushes Update as Wallet Users Targeted in Sophisticated Attack


Dec, 15, 2023
< 1 min read
by CoinEdition
Microsoft_uncovered_an_attack_targeting_cryptocurrency_startups
  • Ledger ConnectKit exposes popular dApps to wallet-draining attacks.
  • Popular dApps, including SushiSwap and Zapper, were confirmed to be affected.
  • Ledger has released a minor update to eliminate the malicious code.

Users of the renowned crypto self-custody solution Ledger have become the latest targets for a well-planned attack targeting their crypto funds. Specifically, an attacker has compromised Ledger ConnectKit, a popular software library that decentralized applications (dApps) use to connect with Ledger hardware wallets.

This vulnerability was disclosed by blockchain security tracking firm Blockaid in a recent tweet. Blockaid characterized it as a supply chain attack as the hacker poisoned the library’s source, affecting applications relying on it.

Specifically, the attacker injected malicious wallet-draining payload code into the library to drain crypto assets stored in Ledger devices connected to dApps using the compromised ConnectKit.

The post Ledger Pushes Update as Wallet Users Targeted in Sophisticated Attack appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day

Bitcoin Spot ETFs Thrive with $217M Inflows in Single Day

Wu Blockchain reports significant net inflows into Bitcoin spot ETFs on May 6, totali...
May, 07, 2024
< 1 min read
by CoinEdition
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the n...
May, 08, 2024
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