#HardwareWallets

Beware: Scam-as-a-Service Aiding Cybercriminals in Crypto Wallet-Draining Attacks

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December 30, 2023 at 04:42AM Cybersecurity researchers are cautioning about a surge in phishing attacks targeting cryptocurrency wallets, utilizing a technique to drain multiple blockchain networks. Notably, a group called Angel Drainer offers a “scam-as-a-service” for a percentage of stolen assets. To combat this, users are advised to use hardware wallets, verify smart contracts, and … Read more

Crypto Hardware Wallet Ledger’s Supply Chain Breach Results in $600,000 Theft

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December 15, 2023 at 08:18AM Ledger, a crypto hardware wallet maker, faced a security breach after former employee fell victim to a phishing attack, leading to theft of $600,000 in virtual assets. Malicious code from the compromised npm account was used to propagate crypto drainer malware to other applications. Ledger has since removed the malicious … Read more