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Beware of Scam Involving Ledger Hardware Wallet: Alert Issued for Ledger Connect Kit

Beware of Scam Involving Ledger Hardware Wallet: Alert Issued for Ledger Connect Kit

Ledger Hardware Wallet Identifies and Removes Scam on Ledger Connect Kit

A scam alert has been issued by Ledger, a popular hardware wallet provider. They have recently discovered and removed a malicious version of the Ledger Connect Kit. It is advised that users avoid interacting with any dApps at this time. An authentic version is being distributed to replace the harmful file, and updates will be provided as the situation evolves. It’s important to note that the Ledger device and Ledger Live have not been compromised.

Ledger Hardware Wallet Detects Security Issue in Web3 Ecosystem

A serious security issue has emerged in the Web3 ecosystem, affecting several decentralized applications (dApps). The incident is related to a software library provided by Ledger, which was used as a foundation for many dApps. This allowed for the injection of malicious code into various dApp front-ends, posing a significant threat to users and their resources. Projects like Kyber and RevokeCash have disabled their front-ends in response to this situation. The incident has been described as an “attack on the supply chain” targeting the Ledger Connect Kit. A software patch has been developed, but dApps may need to adopt it for full security restoration.

The Integration of Toncoin (TON) into Ledger Hardware Wallet

Ledger has announced its support for Toncoin (TON) and its integration into the hardware wallet ecosystem. TON has seen a +3.80% increase in the last 24 hours. Carl Anderson, VP of Engineering at Ledger, highlighted the alignment of values between TON and Ledger, emphasizing privacy rights and financial freedom. Alongside this announcement, Ledger is offering a holiday promotion with a 20% discount on all hardware wallets until December 23rd. TON has experienced success recently, ranking among the top 20 cryptocurrencies. With support from Telegram and recognition from the Dubai International Finance Centre, TON’s user base and daily transaction volume have significantly grown.

Hot Take: Ledger Takes Swift Action Against Scam

Ledger, the hardware wallet provider, has demonstrated its commitment to user security by swiftly identifying and removing a malicious version of the Ledger Connect Kit. This scam posed a significant threat to users and their resources within the Web3 ecosystem. Ledger’s response included distributing an authentic version to replace the harmful file and providing ongoing updates about the situation. It’s crucial for users to refrain from interacting with any dApps during this time. By taking immediate action, Ledger has shown its dedication to maintaining the integrity and safety of its hardware wallets.

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Beware of Scam Involving Ledger Hardware Wallet: Alert Issued for Ledger Connect Kit