Blockchain Vulnerabilities | ForkLog

ForkLog 18 10.05.2024

Expert Identifies Vulnerability in Binance’s Reserve Audit Mechanism

The algorithm employed by cryptocurrency exchange Binance for Proof-of-Reserves (PoR) contains a vulnerability linked to its lending function and the accounting of so-called dummy users. This was stated by Enrico Bottazzi, an expert from the research organization Privacy Scaling Explorations. The issue concerns non-existent accounts with a positive position in low-liquidity assets and a negative […]

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ForkLog 26 30.04.2024

CertiK Reports Record Low Cryptocurrency Losses in April

According to CertiK experts, the cryptocurrency market experienced its lowest monthly loss from various cybercrimes in April since the company began monitoring in 2021. #CertiKStatsAlert ? Combining all the incidents in April we’ve confirmed ~$25.7m lost to exploits, hacks and scams. The lowest figure we’ve recorded, dating back to 2021. A 141% decrease from March […]

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ForkLog 22 29.04.2024

Optimism Team Resolves Critical Vulnerabilities in Testnet

On April 25, developers of the L2 solution Optimism addressed two critical vulnerabilities in the fraud-proof mechanism deployed in the test network. The errors were initially highlighted by the Offchain Labs team. On March 22, the company reported this to OP Labs, the entity behind the protocol. On March 25, Optimism developers confirmed the vulnerabilities […]

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ForkLog 34 22.04.2024

Polkadot Ecosystem Experiences Temporary Disruption

Polkadot parachains ceased block production for approximately an hour following a mainnet update, as reported by the Moonbeam team. At approximately 10:27 am UTC today, a Polkadot runtime upgrade was enacted, which triggered all parachains, including Moonbeam, to stop producing blocks for approximately 1 hour. — Moonbeam Network (@MoonbeamNetwork) April 21, 2024 Developers of the […]

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ForkLog 16 16.04.2024

Trust Wallet Developers Warn of iOS Vulnerability

The team behind Binance-owned Trust Wallet has alerted iOS users to a zero-day exploit targeting the iMessage service. 1/2: ⚠️ Alert for iOS users: We have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web. This can infiltrate your iPhone without clicking any link. High-value targets are likely. Each use raises […]

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ForkLog 26 08.04.2024

dYdX Developers Halt Network Following Post-Update Glitch

On April 8, around 09:00 (Kyiv/MSK), the dYdX blockchain ceased operations and had not produced blocks for over seven hours at the time of writing. dYdX blocks. Data: Mintscan. On April 7, developers announced the start of scheduled technical work that “could potentially disrupt” network functionality. According to the log, the implementation of update v4.0.0 […]

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ForkLog 19 05.04.2024

StarkNet Team Confirms Blockchain Disruption

On April 5, the Ethereum Layer 2 network StarkNet ceased producing new blocks for approximately four hours. According to Starkscan, the pause occurred between blocks #630,028 and #630,029. Source: Starkscan. At the time of writing, the StarkNet status page did not mention the incident. The latest entries refer to March 13, when the blockchain slowed […]

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ForkLog 15 02.04.2024

Analyst Demands $1 Million for Revealing Vulnerability in USDe Stablecoin

On-chain investigator TardFiWhale has raised concerns over structural weaknesses in the “synthetic stablecoin” USDe, developed on Ethereum by the Ethena Labs team. They’re paying me off to stop shitposting Ethena; how they’re launching a bug bounty program AFTER launching their token allowing insiders to cash out from their shard campaign participation and hedge out with […]

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ForkLog 19 25.03.2024

Ripple Team Warns of AMM Pool Disruption

A technical error has been identified in several of Ripple’s automatic market maker (AMM) pools, leading to incorrect transaction execution. We’ve identified a discrepancy in a few AMM pools, in which transactions are not executing as intended. Our engineering team is working to resolve the issue alongside community participants. Out of an abundance of caution, […]

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ForkLog 27 25.03.2024

Polygon zkEVM Resumes Operations After Outage

On March 23, the Ethereum Layer 2 network Polygon zkEVM experienced a disruption, causing the blockchain, launched about a year ago, to halt for over 10 hours. Polygon zkEVM Mainnnet Beta faced an issue with its sequencer due to an L1 reorg. We are working on fully resolving the issue and will follow up with […]

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ForkLog 21 05.03.2024

Outage Affects Facebook, Instagram, and Other Social Media Platforms

On March 5, users of Facebook, Instagram, YouTube, WhatsApp, TikTok, and other messaging and social media platforms reported difficulties accessing the applications. Source: Downdetector. The issue affected residents of Russia, Ukraine, major cities in the United States, and Asia. Specifically, Facebook logged users out and denied account access, citing allegedly incorrect passwords. Instagram’s feed failed […]

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ForkLog 9 05.03.2024

Coinbase Resolves Another Platform Glitch

The cryptocurrency exchange Coinbase has resolved an issue that caused delays on the platform and periodically reset user balances to zero. We have issued a fix which remediated the display issue impacting customer account balances and latency across https://t.co/ohqDivlp6Y. We appreciate your patience. https://t.co/7gsVeIvYMl — Coinbase Support (@CoinbaseSupport) March 4, 2024 On March 2, in […]

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