Cryptocurrency wallet developer Komodo has efficiently hacked its very own customers to avert an attack that could have resulted in the theft of funds worthy of nearly $13 million.
An audit showed a malware threat with the probable to steal cryptocurrency wallet seeds and logins.
To avert hackers from taking edge of the malicious code, Komodo and npm utilised the exact same backdoor to extract Agama users’ funds and transferred them to a safe and sound spot away from hackers arrive at.
“After getting notified by our inside security tooling of this threat we responded by notifying and coordinating with Komodo to protect their end users as nicely as take out the malware from npm.”
In a security notify, Komodo reported: “After discovering the vulnerability, our Cyber Safety Group utilised the exact same exploit to obtain manage of a whole lot of afflicted seeds and secure the funds at danger.”
Komodo reported it was capable to safeguard 8 million komodo (KMD) tokens and 96 bitcoin, collectively worthy of nearly $13 million.
To avert hackers from employing their outdated seeds and paraphrases in the upcoming, the developer encouraged Agama wallet end users to shift their funds to its newer wallet goods and develop new KMD and BTC addresses, as nicely as new passphrases.