
Tags: Ledger
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Casa founder, Jameson Lopp’s archive shows seven crypto-related attacks cataloged in January 2025 alone.
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Dormant XRP tokens have started to become active, indicating a buildup of activity for May’s market movements.
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Ledger responds to the recent security breach, vows compensation for affected victims after $600k in crypto assets stolen.
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The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.
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Ledger said that the situation is now under control and the threat has passed.
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Members of the crypto community shared their sentiments about the Ledger Connect exploit a day after the hack.
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According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.
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CEO and Chairman Pascal Gauthier says the company is working with law enforcement to "find this bad actor, bring them to justice."
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Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again.
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Ledger has since attributed the exploit to a phishing attack on a former employee.
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