Injective
Why Injective is up 4.1% today
Analysis
Injective (INJ) rose 4.1% over the past 24 hours despite a security-related headline, after Cointelegraph reported that hackers attempted to backdoor an Injective npm package with malware aimed at stealing wallet keys. The market may have viewed the incident as contained or already addressed, limiting downside and allowing INJ to trade higher on the day.
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.