Researchers noted suspicious activity in Waves Protocol repositories, which may threaten the security of users in the ecosystem.
Detection of Suspicious Activity
Security specialists observed new behavior in the Keeper Wallet repositories related to Waves Protocol. This activity arose after two years of no updates and may be linked to North Korean hackers who obtained full GitHub credentials for the project.
History of Waves Protocol
Waves Protocol was one of the high-profile ICOs in 2018, raising $18 million. The protocol is known for being among the first to offer tokenized versions of BTC, but it also became a site for various scams. Following a 93% drop in the WAVES token in 2022, the project faded into obscurity.
Risks for Users
The investigation revealed that the suspicious account had full access to the repository and could make changes to the wallet. Although the existing wallet is currently considered relatively safe, future updates may pose risks to users, especially in light of the renewed marketing for the project.
The identified risks in Waves Protocol repositories highlight the importance of security for users in the crypto ecosystem, especially in the face of potential malicious interference.