Ledger Made a Compensatory Statement About the Hack That Affects the Entire DeFi Sector!

Ledger, the hardware wallet that was recently subjected to a cyber attack, made new statements about the developments.

Ledger 14 December A summary of the current situation following the cyber attack that took place today and affected thousands of users. in the statement found. Primarily affected by the attack that they communicate with the majority of users The company emphasized that efforts are continuing to compensate for what happened.

The company said in a statement shortly after the attack: Ledger Connect Kit It was announced that all this happened due to a special malware.

The company lost $600,000 worth of cryptocurrency affected by the attack. decentralized applications (DApp) made on “from blind signaturesHe declared that it was due to Technical studies on the subject have been initiated and June 2024 It was stated that the blind signature mechanism will be disabled as of:

We are 100% focused on following up on last week’s security incident and ensuring that such incidents are prevented in the future and that the ecosystem remains safe. We are aware that approximately $600K of affected assets were stolen from users’ blind signatures on EVM DApps. Ledger will ensure affected victims are made whole and is committed to working with the DApp ecosystem to allow Clear Signing. It will also no longer allow blind signing with Ledger devices by June 2024.

In its simplest form blind signing, It means approving a blockchain-based smart contract that you do not know all the details of, and this can be done by pressing just a few keys on the Ledger or by pressing them simultaneously.


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