In a recent and alarming development, the Decentralized Finance (DeFi) space faced a rug-pull security breach with a supply chain attack on the Ledger ConnectKit. The Ledger ConnectKit Attack UnveiledThe vulnerability, now labeled a “supply chain attack,” poses a serious risk to users and their assets, potentially allowing malicious code injection into various Decentralized Applications (dApps). We've detected a potential supply chain attack on ledgerconnect kitThe attacker injected a wallet draining payload into the popular NPM package. This currently affects a couple of popular dapps including but not limited to https://t.co/2QJmKIGv9T— Blockaid (@blockaid_) December 14, 2023The impact of the supply chain attack on Ledger ConnectKit was felt across various DeFi protocols. The post Rug Pull Alert: Multiple Protocols Affected in Ledger ConnectKit Attack appeared first on CoinGape.

Source: The Nation December 14, 2023 16:58 UTC