Industry News: Cyber

Crypto Developer Komodo ‘Hacks’ Wallet Users to Foil $13 Million Theft

Written by Cybersecurity | Jun 7, 2019 2:37:26 PM

2019-06-07

CoinDesk: Cryptocurrency wallet developer Komodo has effectively hacked its own customers to avert an attack that could have resulted in the theft of funds worth nearly $13 million. A blog post from the npm JavaScript package repository, first reported by ZDNet, indicated that its security system raised an alert about a backdoor on June 5 that could have been used by hackers to rob users of one of Komodo’s older wallets, Agama. An audit showed a malware threat with the potential to steal cryptocurrency wallet seeds and logins...

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