25% of All Smart Contracts Contain Critical Bugs

25% of All Smart Contracts Contain Critical BugsFor every problem that smart contracts solve, they seem to introduce another. In a week in which EOS has made news for all the wrong reasons over a RAM vulnerability, a code auditor has revealed the prevalence of smart contract bugs. Security firm Hosho, which has forged a new partnership with community managers Amazix, has […]

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Ethereum Parity Full Nodes Suffer from Another Critical Issue

Ethereum Parity Full Nodes Suffer from Another Critical IssueOn June 6 the company Parity Technologies, the firm that maintains the Ethereum Parity full node client, issued a mandatory update for individuals and businesses who use the Parity software. According to the latest security alert, the client versions, 1.10.6-stable and 1.11.1-beta, had a consensus issue with the public test network Ropsten that could possibly […]

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PR: Bitcoin-ABC incident report (26APR2018)

Bitcoin-ABC incident report (26APR2018)This document contains information regarding the response to a critical vulnerability applicable to miners of Bitcoin Cash using Bitcoin-ABC 0.17.0. Appropriate action has been taken to mitigate the impact of this vulnerability. This document is provided for information purposes only.

Bitcoin ABC 0.17.1 fixes this problem.

On 26APR2016 Bitcoin-ABC developers were notified by unknown person(s) of the vulnerability. If exploited the flaw would have caused an unintended split in the Bitcoin Cash network.

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Exchanges Suspend ERC20 Token Deposits After Discovery of Smart Contract Bug

Okex Suspends ERC20 Token Deposits After Discovery of Smart Contract BugEthereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that […]

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15-Year-Old Security Researcher Shares Ledger Wallet Exploit

15-Year-Old Security Researcher Publishes Ledger Wallet ExploitHardware wallet manufacturer Ledger has published a firmware update to remedy several security flaws. The exploits were independently found by a trio of white hat security researchers, one of whom, Saleem Rashid, is a 15-year-old British boy. The attack vector he discovered is hardware based, and is not limited to Ledger devices, making it difficult […]

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Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to Bugs

Report Claims 34,000 Ethereum Smart Contracts Are Vulnerable to BugsOver 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts […]

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Ledger Addresses Man in the Middle Attack That Threatens Millions of Hardware Wallets

Ledger Addresses Man in the Middle Attack That Affects Millions of Hardware WalletsHardware wallet manufacturer Ledger, which sold over one million devices last year, has alerted its users to a major attack vector that’s recently been discovered. Although there are no reported cases of the attack being successfully deployed, the threat itself is very real. Today, Ledger urged users of its cryptocurrency wallets to take steps to […]

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The Electrum Wallet Has a Major Vulnerability

TheMerkle Electrum Wallet VulnerabilityIn the world of cryptocurrency, a lot of people have had some sort of experience with the Electrum wallet. It is a convenient solution which works well on most devices. Unfortunately, it seems a major flaw was discovered in the Electrum wallet software which could expose funds to malicious entities. This seemingly also affects all “copied” versions of Electrum, which has put a lot of funds at risk all of a sudden. Electrum bug could Become a Major Problem It is not the first time a popular cryptocurrency wallet has suffered from a bug that could potentially cost users millions of dollars.

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Electrum Moves to Patch Bug That Left Thousands of Bitcoin Wallets Exposed

Electrum Moves Fast to Patch Bug That Left Bitcoin Wallets ExposedPopular wallet developer Electrum has issued an emergency patch for a critical bug in its bitcoin wallets. The flaw allowed any website hosting the Electrum wallet to potentially steal the user’s cryptocurrency. A vulnerability meant that passwords were exposed in the JSONRPC interface, granting hackers complete control of the wallet. The first patch failed to […]

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