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Ledger Supply-Chain Attack Causes $17.7M BTC Loss

Ledger Supply-Chain Attack Causes $17.7M BTC Loss

Photo: Coincu

A reported supply-chain attack targeting Ledger, the hardware wallet manufacturer, has resulted in a loss of 213.42 BTC valued at approximately $17.7 million, according to unconfirmed reports circulating as of publication. The incident, if verified, would rank among the more consequential security breaches tied to wallet infrastructure in recent memory, given that supply-chain compromises affect users who followed standard security practices and updated software through official channels. A supply-chain attack differs from a direct wallet breach: rather than compromising individual devices or user credentials, attackers infiltrate the software distribution path itself, injecting malicious code into a trusted update or dependency…

Source: Coincu

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