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Tag Archives: vulnerability

Recently Found Double Spending Vulnerability Is Not Tether’s Own, SlowMist Confirms

China-based cybersecurity firm SlowMist has confirmed that a recent double-spending vulnerability it found in Tether (USDT) is not inherent to the cryptocurrency itself. Instead, it is enabled by some crypto exchanges’ databases not strictly verifying the status of the “valid” parameter of incoming USDT transactions. SlowMist explained this in a comment to its own Tweet June 28. On June 28, ...

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Cybersecurity Analysts Find Tether Double-Spending Vulnerability

Chinese private cybersecurity firm SlowMist has found a double-spending vulnerability in Tether (USDT) today, June 28. SlowMist states in a tweet that they were able to send USDT to an unnamed exchange without correct field values on the transaction. This means that individuals may be credited for tokens without actually having sent them, leading to a double spend. Following the ...

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EOS Vulnerability Will Lead to ‘Massive Exchange Hack’: Blockchain Prof.

Open Positions at CCN: Full Time and Part Time Journalists Wanted. The EOS network has barely processed its first blocks, but one blockchain researcher is already predicting that an as-yet-undiscovered vulnerability in the nascent cryptocurrency’s codebase will lead to a “massive exchange hack” within the near future. Writing on Twitter, Cornell professor Emin Gün Sirer forecasted his belief that EOS, ...

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Parity Urges Users to Install Update After Discovering Testnet Vulnerability

Users of Ethereum software issued by Parity Technologies face enforced updates this week after warnings a testnet vulnerability could spread to the Ethereum network, according to Parity’s blog post June 6. A blog post from the UK-based Parity June 5 originally flagged the security problem, describing it as a “potential consensus issue with Parity Ethereum.” Alert: Please update your Parity ...

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EOS Vulnerability | Will the EOS Mainnet Launch Be Delayed?

An EOS vulnerability was discovered that could have potentially caused the EOS mainnet launch to be delayed. The 360 Vulcan team from Qihoo 360, a Chinese internet security firm, discovered the vulnerability and reported it to the EOS team to take immediate action. The 360 Vulcan team released a report (English version) detailing what they had discovered. The EOS Vulnerability In ...

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NEO’s NEP-5 Storage Injection Vulnerability Is Less Severe Than Assumed – The Merkle

The cryptocurrency world is subject to interesting developments at all times. In some cases, major vulnerabilities are discovered which need to be addressed. The NEP-5 smart contract storage injection vulnerability is of great concern in this regard. Some of NEO’s DApps are susceptible to this exploit, although the underlying blockchain remains unaffected. The NEP-5 Storage Injection Issue This particular smart contract and ...

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Bitcoin ABC Patches Critical Vulnerability in Bitcoin Cash Mining Software

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency development team Bitcoin ABC has released a patch to address a critical vulnerability in bitcoin cash mining software. According to Bitcoin ABC’s incident report, the vulnerability would have allowed an attacker to initiate a split in the bitcoin cash network. To accomplish this, the attacker ...

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Cryptojacking Campaign Uses Five-Year-Old Vulnerability to Rake in Monero

Join our community of 10 000 traders on Hacked.com for just $39 per month. A nearly five-year-old vulnerability is reportedly being used to infect Linux servers with a crypto mining malware that’s allowing hackers to use them to mine privacy-centric cryptocurrency Monero (XMR), according to US-based cybersecurity firm Trend Micro. Per the firm’s report, hackers are taking advantage of a ...

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British Teenager Exposes Vulnerability in Ledger’s Nano S Cryptocurrency Wallet

According to his blog, British teenager Saleem Rashid has written code that gives him back door access to the Ledger Nano S, a $100 cryptocurrency storage device that is used by millions around the globe. As per Rashid’s findings, the vulnerability would permit a hacker to drain the wallet of funds. This is particularly of note because Ledger is a trusted name and ...

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