In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $ 600,000 in assets were stolen from users due to an exploit involving blind signing on EVM decentralized applications (dapps). Ledger detailed on Dec. 20, 2023, that it has …
Connect Kit Exploit Sparks Criticism of Ledger’s Security Framework
On Dec. 14, 2023, Ledger’s Connect Kit, a Javascript library for wallet connectivity, suffered a significant exploit. This incident, which was contained within two hours, has brought forth a number of criticisms of Ledger’s security practices. Ledger Exploit Elicits Mixed Reactions From Crypto Sphere; Dapps and Tether Respond Promptly to Breach Ledger, known for its […]
Ledger Library Exploit Alert: Users Warned Against Interacting With Dapp Front Ends Amid Wallet Drainer Risk
According to several reports, there’s been an alleged Ledger Connectkit Library exploit and people are being warned not to interact with decentralized application (dapp) front ends. Reportedly, the library that maintained several dapps now contains a wallet drainer. *Editor’s Note: The end of this article was updated at 9:02 a.m. (EST) on Dec. 14, 2023, […]
BTC Dev Wants to ‘Fix’ Ordinal Inscription ‘Exploit,’ Blackrock Updates ETF Filing, and More — Week in Review
BTC developer Luke Dashjr wants to “fix” Bitcoin Ordinal inscriptions, as he views them as exploitative, dividing the crypto community. In other news, in a spot bitcoin exchange-traded fund (ETF) filing update, monolithic asset manager Blackrock has noted the possibility of BTC being legally classified as a security. This and more, just below, in the […]