Cosmos patches ‘critical’ IBC protocol bug, saving $126M
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
NEAR Protocol gains 83% in four weeks, leaving Bitcoin and Ether behind
NEAR Protocol jumped 83% in four weeks, beating Bitcoin and Ether, fueled by the Bitwise NRR spot ETF debut and $31-33 billion in...
Bitcoin (BTC) Price Today: $81.1K Becomes Critical as Traders Eye Double-Bottom Setup
Bitcoin recently climbed above $85,000 before encountering renewed selling pressure. Glassnode’s latest Week On-Chain report shows...
Coinbase puts WHUF-USD trading pair into limit-only mode
Coinbase's limit-only mode for WHUF-USD aims to stabilize initial trading, impacting liquidity and price discovery in decentralize...
Large wallet moves $150 million in USDT from Aave to Spark Savings
The $150M shift highlights DeFi's liquidity concentration, impacting borrowing costs and signaling a preference for stability over...
XRP Ledger patches decade-old bug that could have minted trillions of XRP
An overflow bug in the XRP Ledger's payment engine could have let an attacker mint about 18 trillion spendable XRP in one transact...
Lightning apps using unpatched LDK risk Bitcoin theft from a reconnect lie
Lightning Development Kit (LDK), a library for building Bitcoin Lightning wallets and payment applications, has patched a flaw tha...