Consensys Pauses MetaMask Updates Over North Korean Hack Risk

Consensys, the company behind the MetaMask wallet, stopped its software releases earlier this year due to a security scare. The firm discovered that a contractor with links to North Korea had access to its code for about a month. This developer was brought in through an outside service provider, not hired directly by the team.

As soon as the risk was found, the team put a hold on all new updates to make sure the software remained secure. It is a sharp reminder of the lengths state sponsored hackers will go to in order to target the crypto space. While the situation was managed, it raised serious questions about how big companies vet their external workers.

For now, the focus is on keeping users safe and ensuring no backdoors were created. Traders and wallet users should keep an eye out for official security updates. This event shows that even the most used tools in the industry are targets for sophisticated attacks.