Massive NPM Supply Chain Attack Targets Crypto Wallets: Quick Response Minimizes Financial Losses

A recent cyberattack targeted the JavaScript libraries used by millions of users on NPM, injecting malware into crypto wallets. The attack exposed a major vulnerability in open-source ecosystems and exploited high-profile developer accounts through phishing tactics. 17 other packages were compromised, impacting key cryptocurrency platforms like Ethereum, Bitcoin, and Solana. While financial losses initially seemed significant due to the scope of the attack, the quick response from security teams limited damage, under $50 worth of minor crypto tokens. The DeFi ecosystem remained resilient throughout the incident. Check out this interesting tweet: [link to twitter thread]