Ledger CTO Warns of Large-Scale Crypto Hack Attack

URGENT CRYPTO SECURITY ALERT

September 08, 20251 min read

🚨 URGENT CRYPTO SECURITY ALERT 🚨

Own crypto and hold coins on a Ledger custody device?

You need to read this immediately.

A major supply chain attack is currently underway that's affecting the entire JavaScript ecosystem. A prominent npm maintainer's account was compromised, pushing malicious updates to widely-used libraries like chalk, strip-ansi, and debug - packages downloaded BILLIONS of times weekly.

⚠️ What makes this particularly dangerous:


• The malware acts as a "crypto-clipper" - silently replacing wallet addresses during transactions
• Funds get diverted to attackers without users noticing until it's too late
• Even Ledger executives are warning users to pause ALL blockchain transactions

🛡️ Immediate action steps:

✅ Audit and pin your dependencies to last known-safe versions
✅ Always verify transaction addresses directly on your hardware wallet
✅ Consider pausing crypto transactions until the situation stabilizes
✅ Enable 2FA on all your accounts

This isn't just another hack - it's a large-scale attack targeting the foundational infrastructure that powers thousands of apps and services worldwide.

Institutional Custody with Wealth99 and a Licensed Insured Custody Provider like Zodia, helps remove these types of Risks with your Assets.

Stay safe out there. Reach out if you need any assistance.

Read the full details:
https://lnkd.in/g6nHVR2w

hashtag#CyberSecurity
hashtag#Cryptocurrency hashtag#Blockchain hashtag#InfoSec hashtag#SupplyChainAttack hashtag#Ledger hashtag#CryptoSafety

Darren Bartsch is a seasoned entrepreneur, ex professional athlete, Software Consultant, and pioneering Digital Wealth Specialist, dedicated to empowering individuals and businesses to navigate the evolving landscape of digital assets with confidence and clarity. 

With a unique background spanning successful traditional business ventures and elite professional sport, Darren brings a disciplined, strategic, and forward-thinking approach to helping clients understand, invest in, and leverage the potential of Web3, blockchain, and cryptocurrency for long-term wealth generation. 

He simplifies complexity, prioritizes security, and provides a supportive pathway for those seeking to participate in the new digital economy.

Darren Bartsch

Darren Bartsch is a seasoned entrepreneur, ex professional athlete, Software Consultant, and pioneering Digital Wealth Specialist, dedicated to empowering individuals and businesses to navigate the evolving landscape of digital assets with confidence and clarity. With a unique background spanning successful traditional business ventures and elite professional sport, Darren brings a disciplined, strategic, and forward-thinking approach to helping clients understand, invest in, and leverage the potential of Web3, blockchain, and cryptocurrency for long-term wealth generation. He simplifies complexity, prioritizes security, and provides a supportive pathway for those seeking to participate in the new digital economy.

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