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NPM Hack shows supply chain threats still risk in crypto



A recent node package manager (NPM) attack has only stole $ 50 worth of crypto, but industry experts say the incident features ongoing weakness for exchanges and software wallets.

Charles Guillemet, the Chief Technology Officer of the Hardware Wallet Company Ledger, Says In a Tuesday X post that the attempt to exploit is a “clear reminder” that wallets and software exchanges remain exposed to risks.

If your funds are sitting in a software wallet or in an exchange, you are an implementation of the code far from losing everything, ”he said, adding that supply-chain compromises remain a strong malware delivery vector.

Guillemet has taken the opportunity to promote for dominant hardware, saying that features such as clear signing and transaction checks will help users withstand such threats. “The immediate risk may have passed, but the threat is not. Stay safe,” he added.