Today news
About the same in other media
Now fixed, Solana Protocol Library bug, had potential to expose $2.6 billion to risk of theft
Reading now: 617
Rug pulls and network exploits have dominated much of the buzz within the cryptocurrency industry, and for good reason. DeFi applications have now lost over $2 billion in total owing to such hacks. The latest one this week alone accounted for $120 million.
Further, billions more could have been lost from the Solana ecosystem if a recently rectified bug had not been detected, according to security researchers at Neodyme.
In a recent blog post, the researchers revealed that a bug in the Solana Protocol Library (SPL), could have allowed attackers to steal money from multiple Solana projects at a rate of $27 million an hour. The total value at risk rang up to $2.6 billion. SPL is a set of reference documents for Solana projects.
Potential targets
Read more on ambcrypto.comAbout this in other media
Kevin Durant and Rich Kleiman's Thirty-Five Ventures to create NFT drops with Coinbase cointelegraph.com /3 years ago
New York Fed opens innovation centre finextra.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
