CryptoMediaClub
Sunday, September 14, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Ledger attack shows company ‘learned nothing’ after multiple breaches: ENS developer

15.12.2023
A A
0
121
VIEWS
ShareShare

Crypto community members have posted their responses to the Ledger Connect Kit exploit that affected multiple decentralized applications (DApps) across the Web3 space.

On Dec. 14, a hacker attacked the front end of multiple DApps using Ledger’s connector. The exploiter breached major apps like SushiSwap, Phantom and Revoke.cash, and stole at least $484,000 in digital assets.

Ledger announced that they had fixed the problem three hours after the initial reports about the attack. The firm’s CEO, Pascal Gauthier, said it was an isolated incident and noted that they are working with the relevant law enforcement agencies to find the hacker and “bring them to justice.”

While Ledger claims it was an isolated event, Linea, a zero-knowledge rollup by Consensys, warned Web3 users that the vulnerability could affect the entire Ethereum Virtual Machine (EVM) ecosystem.

A day after the incident, community members went on X (formerly Twitter) to express their sentiments about the Ledger incident. Some advised followers to use other wallet platforms, while others called on Ledger to open-source everything.

On Dec. 15, Bitcoin (BTC) supporter Brad Mills told his X followers to use Bitcoin-only hardware built by Bitcoin engineers focused on securing BTC. Mills urged community members never to onboard their friends to BTC with hardware wallets Ledger or Trezor.

In 2020, another Ledger incident led to the leakage of user information like mailing addresses, phone numbers, and email addresses. Referring to previous Ledger breaches, Ethereum Name Service developer Nick Johnson said in a post that no one should recommend their hardware or use their libraries.

According to Johnson, Ledger showed a consistent disregard for operational security and no longer deserves the “benefit of the doubt that they’ll improve.”

Related: Decentralized applications pause Ledger Connect as exploit fix deployed

Meanwhile, crypto trader and analyst Krillin criticized Ledger and called them out for spending a day removing negative comments under their posts on X.

During the hack on Dec. 14, the attacker utilized a phishing exploit to gain access to the computer of a former Ledger employee. The employee’s node package manager javascript account was accessed, leading to the breach.

Following the hack, a community member advised Ledger to “open-source everything” and let the community be their “surgeon" to stitch them back together. The company announced on May 24 that they’ve open-sourced many of their applications and are committed to open-sourcing more of its code.

According to the community members, transparency is not a luxury but a lifeline. “Trust, once lost, demands open veins, not veiled promises."

Magazine: ‘Account abstraction’ supercharges Ethereum wallets: Dummies guide

Share9Tweet6ShareSharePin2

Related Posts

Blockstream Issues Alert Over Fake Email Phishing Campaign Targeting Hardware Wallet Users
All news

Blockstream Issues Alert Over Fake Email Phishing Campaign Targeting Hardware Wallet Users

14.09.2025
0

Blockstream issued an urgent security alert warning users about a sophisticated phishing campaign targeting Jade hardware wallet owners through fake...

Read moreDetails
XRP Price Prediction: Why the October 18-25 SEC Deadlines Could Trigger a Breakout

XRP Price Prediction: Why the October 18-25 SEC Deadlines Could Trigger a Breakout

14.09.2025
US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Exec

US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Exec

14.09.2025
Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy

Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy

14.09.2025
ETF Expectations and Whale Holdings Drive Up XRP and SOL Prices, With Cloud Mining Platform Quid Miner Becoming a New Focus

ETF Expectations and Whale Holdings Drive Up XRP and SOL Prices, With Cloud Mining Platform Quid Miner Becoming a New Focus

14.09.2025
Load More
Next Post
Ethereum community adopts ERC-3643 as standard for compliant asset tokenization

Ethereum community adopts ERC-3643 as standard for compliant asset tokenization

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale

2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale

2 years ago
Solo Bitcoin Miner Strikes Gold, Nets Nearly $350,000 from Single Block

Solo Bitcoin Miner Strikes Gold, Nets Nearly $350,000 from Single Block

2 months ago
Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism

Arthur Hayes forecasts Bitcoin boom as US embraces state-led capitalism

10 months ago
Ethereum breaks above 2021 all-time high after blistering 15% rally

Ethereum breaks above 2021 all-time high after blistering 15% rally

3 weeks ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy

ETF Expectations and Whale Holdings Drive Up XRP and SOL Prices, With Cloud Mining Platform Quid Miner Becoming a New Focus

Polymarket Targets $10B Valuation Amid Plans for US Relaunch

SAVVY MINING Has Launched a New XRP Mining Contract for XRP Enthusiasts

RI Mining Unveils Next-Gen Contracts Aligned With Microsoft AI Push to Reshape Digital Infrastructure

Analysts Debate Which Cryptocurrency to Invest In Before the Next BTC Halving and Eye MUTM’s $0.035 for Key Reasons

Trending

Blockstream Issues Alert Over Fake Email Phishing Campaign Targeting Hardware Wallet Users
All news

Blockstream Issues Alert Over Fake Email Phishing Campaign Targeting Hardware Wallet Users

14.09.2025
0

Blockstream issued an urgent security alert warning users about a sophisticated phishing campaign targeting Jade hardware wallet...

XRP Price Prediction: Why the October 18-25 SEC Deadlines Could Trigger a Breakout

XRP Price Prediction: Why the October 18-25 SEC Deadlines Could Trigger a Breakout

14.09.2025
US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Exec

US May Launch Strategic Bitcoin Reserve This Year, Says Galaxy Exec

14.09.2025
Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy

Arthur Hayes: Chasing Quick Gains in Bitcoin Is a Losing Strategy

14.09.2025
ETF Expectations and Whale Holdings Drive Up XRP and SOL Prices, With Cloud Mining Platform Quid Miner Becoming a New Focus

ETF Expectations and Whale Holdings Drive Up XRP and SOL Prices, With Cloud Mining Platform Quid Miner Becoming a New Focus

14.09.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz