DeFi Supply Chain Attack: Millions at Risk?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mercoledì

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Crypto Armageddon Averted? A massive supply chain attack targeted DeFi wallets via poisoned JavaScript packages downloaded billions of times. Phishing led to malicious code injection, but surprisingly, only $500 was stolen. The real cost? Panic, slowdowns, and countless hours spent securing the ecosystem. This incident exposes DeFi's vulnerability beyond blockchain design, highlighting the need for end-to-end security. Is AI-generated code the next big risk? The industry is on high alert, racing to prevent future attacks. Hosted on Acast. See acast.com/privacy for more information.

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