Injective
Why Injective is down 1.4% in the last hour
Analysis
Injective (INJ) slipped 1.4% over the past hour as traders reacted to security concerns after Cointelegraph reported hackers attempted to backdoor an Injective-related npm package with malware designed to steal wallet keys. Even if the impact is limited, reports of potential supply-chain compromise can quickly pressure sentiment and prompt short-term de-risking.
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.