Breaking News: Crypto Funds at Risk from Massive Supply Chain Attack


Breaking News: Crypto Funds at Risk from Massive Supply Chain Attack

Already, SwissBorg confirmed a breach linked to a compromised partner API. Roughly 192.6K SOL (~$41.5M) was drained in the attack. While the SwissBorg app itself remains secure, its SOL Earn Program was hit, affecting <1% of users. The platform has promised recovery measures, including treasury funds and support from white-hat hackers.

✅ Always verify every transaction -- check the full recipient address before signing.

✅ Use a hardware wallet with clear signing enabled.

✅ Avoid unnecessary browser wallet extensions.

✅ If something feels off (unexpected signing requests), close the tab immediately.

⚙️ Switch CI builds from npm install to npm ci to lock dependencies.

⚙️ Run npm ls error-ex to detect infected installs.

⚙️ Pin safe versions ([email protected]) and regenerate lockfiles.

⚙️ Add dependency scanners like Snyk or Dependabot.

⚙️ Treat package-lock changes with the same scrutiny as code reviews.

This incident highlights the fragility of supply chains in Web3 and beyond. A small package compromise can cascade into billions of downloads, hitting both developers and crypto holders worldwide. The immediate danger lies in address-swapping attacks, but the broader concern is how deep this could spread into financial infrastructure.

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