5 Best PyPI Python Packages Draining Crypto Wallets

IndustryTrends

Malicious Packages Identified: Cybersecurity researchers discovered seven PyPI packages designed to steal BIP39 mnemonic phrases.

 BIPClip Campaign: The operation, named BIPClip, targeted developers working on cryptocurrency-related projects and has been active since at least early December 2022.

High Download Count: Before their removal, these packages were downloaded almost 7,500 times, posing a significant risk to users.

Stealthy Tactics: The attackers used stealthy methods to avoid detection, such as naming packages and functions to mimic legitimate ones.

Continuous Threat: This incident highlights the ongoing risk of supply chain attacks in the cryptocurrency space, emphasizing the need for vigilance when downloading packages. 

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