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Ledger Confirms Vulnerability: Over $600K Supposedly Compromised

George Georgiev Dec 14, 2023 13:52
A vulnerability has been identified in Ledger's library, compromising a number of Web3 interactions.

Cryptocurrency experts, including popular on-chain investigator ZachXBT, took notice of an ongoing vulnerability associated with various Web3 interactions.

It turns out that the problem had to do with the library of Ledger – the popular hardware wallet provider.

In an official tweet, the company confirmed the vulnerability:

We have identified and removed a malicious version of the Ledger Connect Kit.

A genuine version is being pushed to replace the malicious file now. Do not interact with any dApps for the moment. We will keep you informed as the situation evolves.

The company also confirmed that Ledger devices and the Ledger Live app were not compromised.

Meanwhile, ZachXBT outlined that some $610K appears to have already been drained.

MetaMask also warned of the issue and updated its users:

According to the latest MetaMask update, users with MetaMask Portfolio version v.2.121.0 will reportedly be safe to transact.

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George Georgiev

Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

Tags: Security