The post Ripple CTO Praises XRP Wallet for Swift Reaction to Supply Chain Attack appeared on BitcoinEthereumNews.com. David Schwartz, chief technology officer at Ripple, has praised Xaman, a popular XRP wallet, for swiftly reacting to a large-scale supply chain attack on the Node Package Manager (NPM) ecosystem.  A reputable developer’s NPM account was recently compromised, and widely JavaScript packages ended up being infected with malicious code.  The malware specifically targets cryptocurrency wallets such as MetaMask in order to redirect the funds of uninitiated crypto users to the attackers by secretly swapping addresses.  You Might Also Like As reported by U.Today, Ledger CTO Charles Guillemet has urged crypto users who do not have hardware wallets with clear signing to temporarily stop conducting on-chain transactions.  Xaman’s reaction  The team behind the Xaman wallet immediately conducted an audit, which showed that it was safe for users.  XRPL Labs co-founder Wietse Wind Supply has noted that chain attacks are becoming “more and more common.” Source: https://u.today/ripple-cto-praises-xrp-wallet-for-swift-reaction-to-supply-chain-attackThe post Ripple CTO Praises XRP Wallet for Swift Reaction to Supply Chain Attack appeared on BitcoinEthereumNews.com. David Schwartz, chief technology officer at Ripple, has praised Xaman, a popular XRP wallet, for swiftly reacting to a large-scale supply chain attack on the Node Package Manager (NPM) ecosystem.  A reputable developer’s NPM account was recently compromised, and widely JavaScript packages ended up being infected with malicious code.  The malware specifically targets cryptocurrency wallets such as MetaMask in order to redirect the funds of uninitiated crypto users to the attackers by secretly swapping addresses.  You Might Also Like As reported by U.Today, Ledger CTO Charles Guillemet has urged crypto users who do not have hardware wallets with clear signing to temporarily stop conducting on-chain transactions.  Xaman’s reaction  The team behind the Xaman wallet immediately conducted an audit, which showed that it was safe for users.  XRPL Labs co-founder Wietse Wind Supply has noted that chain attacks are becoming “more and more common.” Source: https://u.today/ripple-cto-praises-xrp-wallet-for-swift-reaction-to-supply-chain-attack

                                                                               ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.                     Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more