The security attack on the Ledger Connect Kit on Thursday showcased not only how vulnerable Web3 is to security issues but also how much the industry has evolved in dealing with challenges.
Reportedly, some creditors have received yen payments through PayPal, marking the first funds received after almost 10 years of waiting. However, even this has been tarnished by accidental duplicate payments to some users.
Reportedly, some creditors have received yen payments through PayPal, marking the first funds received after almost 10 years of waiting. However, even this has been tarnished by accidental duplicate payments to some users.
The security attack on the Ledger Connect Kit on Thursday showcased not only how vulnerable Web3 is to security issues but also how much the industry has evolved in dealing with challenges.
A recent string of hacks on KyberSwap, Justin Sun-associated platforms and Raft expose deep-seated security flaws and show the need for advanced protection for users and investors.
The DEX suffered a substantial loss of over $50 million last week due to a cyber attack. The hacker has now announced they will announce a potential deal on a bounty at the end of November.
