Posted 12/15/2023, 8:26:01 PM
Ledger and DeFi Platforms Face Exploits Draining Millions; Ledger Releases Patch, OKX and Yearn.Finance Aim to Recover Losses
- Malicious actor exploited Ledger vulnerability, putting DApps at risk and draining $650k+ in assets before patch released
- Hacker tricked Web3 users into making malicious token approvals using phishing exploit to compromise ex-Ledger employee's account
- Multiple DApps using Ledger's connector library were compromised; Ledger released patch within hours
- Yearn.finance hopes traders return $1.4M after multisig error drained treasury
- OKX DEX suffers $2.7M exploit after proxy admin contract upgraded and private key leaked