Injective
Why Injective is up 5.2% today
Analysis
Injective (INJ) rose 5.2% over the past 24 hours despite a security scare, as Cointelegraph reported that attackers attempted to compromise an Injective-related npm package with malware aimed at stealing wallet keys. The market may have interpreted the incident as contained or manageable rather than a protocol-level failure, limiting downside and allowing INJ to move higher.
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.