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Home»Security and Privacy»Hacker Steals Crypto from Copay Wallets Apps
Hacker Steals Crypto from Copay Wallets Apps
Security and Privacy

Hacker Steals Crypto from Copay Wallets Apps

March 30, 2025No Comments2 Mins Read
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Security Breach in Copay-Related Libraries

A recent security breach in Copay-related libraries has raised concerns among users and developers alike. Security researcher Jacob Burroughs (@maths22) discovered that a hacker had gained legitimate access to a widely used JavaScript library, leading to the theft of Bitcoin and Ethereum from BitPay’s Copay wallet apps.

Details of the Attack

The attacker reportedly had publishing rights to EventStream, a library with over two million weekly downloads on the npmjs.com repository. By injecting malicious code into the Node.js module, the hacker was able to steal hot-wallet credentials and use them for malicious activities. Casey Ellis, CTO at Bugcrowd, emphasized the importance of continuous security testing to prevent such attacks.

Response and Impact

Juniper Threat Labs reported minimal attempts to connect to the threat actor’s command-and-control server, suggesting that the number of affected users may be limited. However, the incident highlights the risks associated with open source frameworks. While open source software is often considered more secure due to the collaborative nature of development, supply chain attacks can still occur.

Protecting Against Future Attacks

To mitigate the risk of similar attacks, users of open source libraries should stay informed about security updates and apply patches promptly. Communication on security boards and software download sites is crucial for detecting and addressing vulnerabilities in a timely manner.

Overall, the Copay-related libraries security breach serves as a reminder of the ongoing challenges in maintaining software security. By staying vigilant and proactive in addressing potential threats, developers and users can help safeguard against malicious attacks in the future.

See also  Man Gets Four Years for Stealing Bitcoin Seized by Feds
Apps Copay Crypto Hacker Steals wallets
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