RATE Group | Ethereum Latest Update: Ether’s Bug Reportedly Gave Hackers an Avenue to Abuse Exchanges…
51386
wp-singular,post-template-default,single,single-post,postid-51386,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Latest Update: Ether’s Bug Reportedly Gave Hackers an Avenue to Abuse Exchanges…

03 Dec Ethereum Latest Update: Ether’s Bug Reportedly Gave Hackers an Avenue to Abuse Exchanges…

Posted at 21:20h in Ethereum News by

[ad_1]

ethereum proof of stake

According to reports, Ethereum’s bug issue gave hackers the means to abuse digital asset exchanges. The report says a bug relating to the Ether-based GasToken (that made it easier for hackers to attack crypto exchanges) has been fixed. There is a lot we need to understand about this situation.

The bug reportedly made it a lot easier for hackers to force crypto exchanges into paying high fees, although as at the time of writing this publication, it was unclear which exchanges were affected or which platforms lacked the security means to avert the issue from expanding. The hackers could exploit the bug to get profits.

The bug issue was discovered by some astute cryptocurrency researchers, who ultimately issued private messages to “digital exchanges as fast as possible” in a bid to warn them about the problem. The platforms that received the message later implemented the relevant security measures to counter the bug and put an end to the hacker’s threat.

A Wake-Up Call…

[ad_2]

Source link