Scott Melker: Ledger CTO warns of major crypto hack

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Olga Shendetskaya

09.09.2025

Scott Melker: Ledger CTO warns of major crypto hack — @scottmelker: Ledger CTO warns of hack

Scott Melker has highlighted a significant warning from the CTO of Ledger, a leading company in the cryptocurrency hardware space. The CTO has alerted users to a potential large-scale hack within the JavaScript ecosystem, one that poses a serious threat to crypto transactions.

Given the vulnerabilities, the CTO strongly advises users to temporarily avoid engaging in on-chain transactions to mitigate potential risks. This warning underlines the importance of diligence when interacting with cryptocurrencies, especially as cyber threats continue to evolve.

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The heightened caution around JavaScript vulnerabilities reinforces broader concerns about the security and integration of digital assets within mainstream finance. This perspective is consistent with recent developments as major firms file S-1 amendments for spot XRP ETFs, underscoring the industry's ongoing commitment to risk mitigation. Furthermore, Scott Melker's examination of DeFi's impact on XRP through platforms such as FlareNetworks illustrates both the innovation and the challenges that characterize the current landscape for cryptocurrency investors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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