Skip to main content

Attack on Ledger crypto wallet leads to huge money thefts

Crypto giant Ledger spent December 14 warning users not to interact with web3 decentralized apps amid concerns over a supply chain attack.

The attack on the ‘Ledger dApp Connect Kit' library was found to be pushing a JavaScript wallet drainer, the company found.

Ledger has since confirmed that it was the victim of a phishing attack and that the error has been rectified, leaving users free to continue using Ledger Connect Kit

Crypto attack could have been avoided

Ledger confirmed at 4:49pm CET via a post on X that a former employee had fallen victim to a phishing attack which compromised their NPMJS account. The attacker used the compromised account to publish a malicious version of the Ledger Connect Kit, which used a rogue WalletConnect project to reroute funds to the hacker’s wallet.

Crypto researcher ZachXBT posted to X that over $610,000 had been stolen during the attack.

Ledger said that the malicious file, which affected versions 1.1.5, 1.1.6, and 1.1.7, was live for around five hours, but that the fund draining took place in a shorter period of around two hours. A fix was issued within 40 minutes of Ledger becoming aware, and the company has since confirmed that Ledger Connect Kit 1.1.8 is now fully propagated, and that users can continue as normal.

Ledger has also reported the attacker’s wallet address and frozen their USDT together with Tether.

Ledger CEO Pascal Gauthier has also responded to the incident, stating that the “unfortunate isolated incident” serves as a “reminder that security is not static” and that Ledger, and any other company, should continuously improve their security.

Gauthier added: “Ledger will support affected users in helping to find this bad actor, bring them to justice, track the funds, and work with law enforcement to help recover stolen assets from the hacker.”

More from TechRadar Pro



Comments

Post a Comment

Popular posts from this blog

The latest Apple TV 4K test lets you watch four sports streams at once

Apple is trying something new with the latest beta version of tvOS 16.5: the option to watch up to four simultaneous streams at once. Right now it's limited to live sports streamed through the Apple TV app on the Apple TV 4K , specifically MLB Friday Night Baseball and the MLS Season Pass. A multi-view option was spotted in the tvOS software last month, but the code was hidden and not enabled. MacRumors reported that the feature would be enabled this weekend, and beta testers have since been able to use it. As yet multi-view hasn't been officially announced by Apple, but it's expected that tvOS 16.5 is going to be pushed out in its final form within the next month or so. WWDC 2023 is around the corner as well, when we should be hearing about the next major updates for Apple's various operating systems – including tvOS 17. How it works Over at 9to5Mac there's a hands-on demonstrating how the multi-view feature works, and it's pretty much as you would expe...
Post a Comment
Read more

Garmin's new radar-equipped tail light will keep you safe on your e-bike

Garmin's Varia bike radars are some of the most popular pieces of cycling tech around – and now the company has delivered its first rearview radar to have been specially designed for some of the best e-Bikes .   Garmin's Varia range mounts to the back of your bike and broadcasts a radar signal behind you, so you can get visual and audible alerts when something's overtaking you. Even better, the new Varia eRTL615 plugs directly into most e-bikes, with no battery required. Because the catchily-named Varia eRTL615 is also a tail light, it'll also make sure you're visible to other vehicles too, promising to emit a flashing or solid light that's visible from up to a mile away in daylight. To connect Garmin's new radar tail light to your e-bike, you'll need to pick the right Garmin adapter cable (which isn't included). You can buy power cables compatible with Bosch, Shimano, or USB-A terminals or connections, with more info on those available on Garmin...
Post a Comment
Read more

Revolution Software is using their own AI technology to remake Broken Sword

TechRadar Gaming is reporting live from Gamescom 2023 on the latest and greatest developments in gaming and hardware. Revolution Software announced at Gamescom 2023 that Broken Sword would be coming back, with Broken Sword - The Shadow of the Templars getting a full remake while a sixth title in the series is coming in the future too, under the title Broken Sword - Parzival’s Stone .  Speaking to TRG ahead of the announcement, Cecil talked about the studio’s plans for a Broken Sword remake and the sixth title in the series. Cecil is a larger-than-life character, who is able to talk about the studio’s plans with enthusiasm. It even carries a pocketful of stones to illustrate the plans for Parzival’s Stone , but he also talks about how Broken Sword - The Shadow of the Templars would be using AI to upscale.  Cecil wasn’t shy about the studio’s use of AI technology, but he gave a fairly robust explanation of why the game was using it. The AI technology will be used to upda...
Post a Comment
Read more