The issue was privately disclosed to the BNB team, enabling a patch to be developed and deployed within 24 hours.
Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the Binance BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. a detailed report about the vulnerability found two days earlier, which could"have led to a large loss of funds."
However, the Beacon Chain uses a BNB fork hosted on GitHub with several BNB-specific changes."It deviates from the Cosmos SDK upstream in several ways, motivating us to take extra care in reviewing the differences," notes Jump Crypto, which recently started a broad research effort dedicated to discovering and patching vulnerabilities across projects via coordinated disclosure.
"Bugs that allow infinite minting of native assets are some of the most critical vulnerabilities in web3. As such, this finding is proof that we all must stay vigilant and collaborate to elevate security assurances across all projects."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Year after 'Crypto Bowl,' crypto ads vanish from big gameCryptocurrency companies grabbed the spotlight during the 2022 Super Bowl, with commercials from a handful of newcomers to advertising’s biggest stage: FTX, Coinbase, Crypto.
Baca lebih lajut »
Crypto Markets Analysis: Crypto Trades Lower as Regulatory Concerns Trump Encouraging Macro SignsThe announcement that Kraken had agreed to “immediately' end its crypto staking-as-a-service platform for U.S. customers and to pay $30 million to settle SEC charges roiled markets.
Baca lebih lajut »
After ‘Crypto Bowl,’ Super Bowl LVII Will Be a Crypto BustThere won’t be any national ads from cryptocurrency companies during Super Bowl LVII, according to a spokesman for Fox, a reversal from last year’s game when firms splurged on star-studded commercials.
Baca lebih lajut »
Year after 'Crypto Bowl,' crypto ads vanish from big gameCrypto companies grabbed the spotlight during the 2022 Super Bowl, with some dubbing it the “Crypto Bowl.” Since then, the industry has been humbled by a massive downturn. Here’s where the crypto companies that advertised in last year’s game are now.
Baca lebih lajut »
Uniswap DAO completes vote for proposed BNB deploymentThe plan to deploy Uniswap v3 on the BNB Chain is one step closer to actualization following a successful DAO vote on the matter.
Baca lebih lajut »