by: xpoolPosted on:

Hidden Malware Threat Identified in Ethereum Smart Contracts

A recent report from research firm ReversingLabs has uncovered a concerning security vulnerability within Ethereum smart contracts. Hackers have discovered a method for concealing malicious code, potentially posing a significant threat to the crypto ecosystem. 💰

According to the report, hackers have exploited two NPM packages – ‘colortoolsv2’ and ‘mimelib2’ – that are commonly used in Ethereum development. These packages are now being utilized to obfuscate malware within smart contracts, allowing for undetected deployment of second-stage malware.

ReversingLabs researcher Lucija Valentić explains the innovative approach: “By embedding these commands within a smart contract, attackers can disguise their malicious activity as legitimate blockchain traffic. This is a novel tactic and highlights the importance of ongoing vigilance regarding Ethereum’s security.

**Please note that this information does not constitute investment advice.**

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