1inch's website and other platforms using the Lottie Player library were compromised in a supply chain attack. Malicious code injected into Lottie Player's library poses risks like unauthorized transactions to users interacting with affected sites.

No user wallets have been compromised so far. The attack also targeted other platforms like TEN Finance. Users are urged not to connect wallets or interact with impacted sites until security measures are restored.

Crypto security breaches are escalating, with major hacks such as Radiant Capital losing over $50 million. Legal investigations have increased, exemplified by the FBI arresting the SEC X account hacker.

In 2024, crypto hacks topped $2.1 billion, hitting CeFi platforms the hardest. This emphasizes the urgent need for enhanced security practices in the industry.