Tether, the popular stablecoin issuer, has taken action against hackers who exploited the Ledger network. The addresses of the attackers have been frozen, preventing them from accessing the funds they stole. However, it is important to note that they may still be able to carry out transactions involving other digital assets.

The attack on the Ledger platform involved the installation of malicious code into the wallets of unsuspecting users, compromising the front ends of several DeFi protocols. Ledger users have been advised to exercise caution and refrain from using web3 dApps for the time being.

In response to the security breach, Sushi, a prominent DeFi platform, has warned its community members against interacting with any dApps until further notice. A commonly used web3 connector has been compromised, allowing for the injection of malicious code into various dApps.

Ledger has assured its users that the malicious version of the Ledger Connect Kit is being replaced and that their funds remain safe. The company is actively studying the exploit to prevent further attacks. Users are advised to stay updated on the situation and await an upcoming update.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Paolo Ardoino, Matthew Lilley
Companies	Sushi, Tether, DeBank, Ledger, Coinbase
Currencies	Tether, Ethereum, Sushi
Securities	None