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Cryptocurrency News

43 Vulnerabilities Detected in Major Cryptocurrency Platforms

Thirteen major crypto and blockchain firms received 43 vulnerability reports in the last month as per a report by security analysts. In the time period of February 13 – March 13, over forty bugs were identified and shared with Hacker One, a platform that keeps track of software vulnerabilities. Multiple types of vulnerabilities were discovered in leading cryptocurrency networks which included Brave, Monero (XMR), Coinbase, EOS, and Tezos.

While investigating the vulnerabilities, the White Hat Hackers team discovered that Esports gambling platform Unikrn has the highest number of vulnerabilities among all blockchain firms. Around 12 different bugs were noticed in the source code of Unikrn, 6 in OmiseGo (OMG) platform, 5 in EOS, 4 in Tendermint, 3 each in Tezos, and Augur (REP), 2 each in Monero (XMR), ICON (ICX) and MyEtherWallet codebases.

Prominent blockchain firms like Coinbase, Brave, Electroneum, and Crypto.com also showed certain vulnerabilities which might be crucial for the platforms. 

Quite a few of the vulnerabilities that were spotted were most likely not connected with blockchain and crypto platforms in particular. For example, the software of the Brave browser is not totally decentralized and some vulnerabilities can exist in the crypto wallets it supports or third-party apps not created by Brave’s developers. 

Security analysts received $23,675 in total for identifying the bugs in top blockchain networks with Tendermint, EOS, Unikrn paying $8,500, $5,500, $1,375 respectively.

Ritu Lavania

Ritu Lavania is a full-time Web3 content writer with over three years of experience in the crypto industry. With the CoinNewsSpan team, she creates well-researched and engaging content that grabs the attention of readers. Her content has also been featured in TheCryptoTimes and The Coin Edition, and she is thus well-known in the crypto community. Being a research specialist, SEO expert, and creative writer, she produces content for various audiences. Apart from crypto, Ritu is passionate about education, loves teaching children, and is a poet. Staying current with blockchain trends at all times, she is of the opinion that storytelling brings otherwise daunting crypto subjects within reach and interesting.