Injective
Why Injective is down 1.0% in the last hour
Analysis
Injective (INJ) slipped about 1.0% over the past hour as traders reacted to security concerns after reports that hackers attempted to backdoor an Injective-related npm package with malware aimed at stealing wallet keys. Even if limited in scope, this type of supply-chain attack headline can quickly pressure sentiment and prompt short-term risk-off selling.
Contributing Factors (1)
Hackers tried to backdoor Injective npm package to steal wallet keys
The incident is significant for developers and applications that handle Injective wallet workflows, Socket researchers said.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.