Post
Topic
Board Service Discussion (Altcoins)
Re: Hacking SushiSwap, RevokeCash, etc
by
vv181
on 15/12/2023, 11:05:20 UTC
These are horrible large-scale attacks. The perpetrator knows that a particular Ledger library is being used widely across many sites, so I believe this is a carefully planned and executed attack.

This incident also shows what lacking in the altcoin/token spaces, specifically, things that mentioned themselves as "decentralized platform". A truly decentralized platform should not rely on single and centralized library CDNs. On another hand, this proves that security measure is lacking among many applications.

@Altcoin_Alerts posted a warning about hacking popular decentralized apps. It is highly recommended not to connect your MetaMask and similar wallets to these applications at the moment.


As Ledger was being targeted due to its seed phrase and private key vulnerability

The issue and the root of the problem is not that Ledger has any vulnerability related to those things!