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Tag Archives: Contract

What Is Contract Vault? – The Merkle

Smart contracts are an invaluable addition to the blockchain and cryptocurrency industry. Contract Vault aims to take this concept one step further. Making agreements on the Ethereum blockchain accessible to everyone is the project’s number one priority. Why Does Contract Vault Exist? Even though smart contracts are of great interest to a lot of people, they will need to evolve ...

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ProxyOverflow Exploit Affecting ERC20 Tokens Highlights Need for Smart Contract Auditing – The Merkle

There is a lot of speculation regarding an exploit abused by some ERC20 token creators. Various assets have had their total supplies artificially inflated due to a proxyOverflow bug in the original ERC20 creation smart contract for those tokens. This has caused a fair amount of problems already, and it only further highlights the immaturity of this technology in general. ...

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Ethereum Smart Contract Bug | Causes Suspension of ERC20 Deposits

Several crypto exchanges have temporarily suspended ERC20 deposits due to the discovery of an Ethereum smart contract bug. A Medium post from April 22nd announced the discovery. Labelled as the “batchOverflow” vulnerability, this Ethereum smart contract bug allows hackers to generate a large number of tokens from nothing and then deposit those tokens into a regular Ethereum address. The initial ...

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OKEx: Ethereum Smart Contract Bug Causes Temporary Suspension of ERC-20 Deposits

Today, April 25th, the third largest cryptocurrency exchange by trading volume, OKEx, announced that all ERC-20 token deposits have been suspended. The move comes after developers discovered an Ethereum Smart Contract bug called BatchOverflow which permits those who exploit the bug to issue an almost unlimited number of new tokens. In turn, the newly minted tokens can then be deposited into ...

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OKEX Halts ERC20 Deposits Following Discovery Of Critical Ethereum Smart Contract Bug

Hong Kong-based OKEX, the third largest cryptocurrency exchange in the world by trade volume, suspended all ERC20 token deposits April 25 after the discovery of what developers say is a “new smart contract bug.” In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate an extremely large amount of tokens, and deposit ...

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Ethereum Proposal To “Resurrect” Disabled $360 Mln Parity Contract Shut Down

A week-long vote on a proposal in regards to the Parity hack wallet reversal, which proposed to restore a disabled contract to unfreeze 587 wallets holding 513,774.16 Ethereum (ETH), has ended with a majority “no” vote today, April 24. In November of last year, a Parity user “accidentally killed” the Parity multisig library by activating a vulnerability to become the ...

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EIP-999 Stokes Debate Over ETH Frozen by Parity’s Contract Bug

Join our community of 10 000 traders on Hacked.com for just $39 per month. The debate over a controversial Ethereum Improvement Proposal (EIP) designed to restore a self-destructed smart contract holding hundreds of millions of dollars worth of ETH is heating up. EIP-999, written by Parity Technologies developer Afri Schoedon, calls for Ethereum to adopt a software upgrade that patches ...

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EQUAL Aims to Unify the Digital Token Market with Unique Smart Contract

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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