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David Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish ·
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1 year ago

shocked to see crypto shit the bed again - massive DeFi supply chain attack draining wallets across multiple tokens because someone got into hardware wallet support software

web3isgoinggreat.com

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shocked to see crypto shit the bed again - massive DeFi supply chain attack draining wallets across multiple tokens because someone got into hardware wallet support software

web3isgoinggreat.com

David Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish ·
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1 year ago
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Supply chain attack on Ledger puts much of defi at risk
web3isgoinggreat.com
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A supply chain attack on the Ledger connector application has rippled throughout the world of decentralized apps, which widely use the software to enable people to connect their popular Ledger hardware wallets to perform transactions. Although hardware wallets are meant to be among the most secure ways to store crypto, they too are vulnerable to attacks when they are connected to perform transactions.A hacker was able to obtain access to Ledger's source code management tool and push out a new release that contained code that would drain wallets as users connect them. Because the library is so widely used, many crypto applications were vulnerable — including Revoke.cash, a security-focused project intended to help people guard against attacks on their wallets.CTO of the Sushi crypto project issued a broad warning: "Do not interact with ANY dApps until further notice." At least $600,000 has been drained from multiple users so far.
  • Soyweiser@awful.systems
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    1 year ago

    At least $600,000 has been drained from multiple users so far.

    As far as crypto heists go that isn’t much.

    • froztbyte@awful.systems
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      1 year ago

      I’ve been watching the last few and the numbers stay low. Not much money left in the casino, it would seem

    • JohnBierce@awful.systems
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      1 year ago

      But the laughter it brings us?

      Priceless.

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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