Cryptocurrency pockets developer Komodo has successfully hacked its personal clients to avert an assault that would have resulted within the theft of funds value almost $13 million.
An audit confirmed a malware menace with the potential to steal cryptocurrency pockets seeds and logins.
To forestall hackers from benefiting from the malicious code, Komodo and npm used the identical backdoor to extract Agama customers’ funds and transferred them to a protected location away from hackers attain.
“After being notified by our internal security tooling of this threat we responded by notifying and coordinating with Komodo to protect their users as well as remove the malware from npm.”
In a security alert, Komodo stated: “After discovering the vulnerability, our Cyber Security Team used the same exploit to gain control of a lot of affected seeds and secure the funds at risk.”
Komodo stated it was in a position to safeguard eight million komodo (KMD) tokens and 96 bitcoin, collectively value almost $13 million.
To forestall hackers from utilizing their previous seeds and paraphrases sooner or later, the developer suggested Agama pockets customers to transfer their funds to its newer pockets merchandise and create new KMD and BTC addresses, in addition to new passphrases.