Malicious code compromised open-source packages used by the dYdX cryptocurrency exchange, leading to the theft of wallet credentials and potentially backdooring devices, according to security researchers. The attack, which targeted developers and end-users, resulted in irreversible cryptocurrency theft, impacting all applications using the compromised versions of the packages.
The compromised packages, dydxprotocolv4-client-js (versions 3.4.1 and 1.22.1), were hosted on the npm and PyPI repositories, according to a report from security firm Socket. The researchers stated that the malicious code stole wallet credentials and could have backdoored devices. The scope of the attack included developers testing with real credentials and production end-users.
In other news, Block Inc., the payments firm led by Jack Dorsey, began notifying hundreds of employees that their jobs might be eliminated as part of a broader business overhaul. According to sources familiar with the matter, up to 10% of Block's workforce was at risk of being cut. The company, which had fewer than 11,000 employees as of late-November, has been retooling its business model and staffing since 2024, when it reorganized reporting lines and outlined a plan to operate more efficiently. Block did not immediately respond to a request for comment.
Meanwhile, the State Department confirmed it would remove all posts on its public accounts on the social media platform X made before President Trump returned to office on January 20, 2025. The posts would be internally archived, but no longer publicly visible. Staff members were informed that anyone wanting to see older posts would have to file a Freedom of Information Act request, according to a State Department employee.
In international news, a suicide bombing at an Islamabad mosque resulted in the deaths of 31 people. Details regarding the attack were still emerging.
Finally, political analysts noted growing concerns among Republicans that President Donald Trump's slipping support on immigration and the economy could negatively impact the midterm elections. The Super Bowl halftime show, featuring Bad Bunny, an outspoken critic of Trump's immigration policies, was expected to further highlight the political and cultural divide over the administration's policies. Trump's border and immigration policies had been popular among the electorate over much of the past year.
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