Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk

Crypto News
Crypto News

21 Nov 2023 6:52 PM

dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto....

  • Blockchain security firm dWallet Labs has discovered a potential vulnerability in validators hosted by infrastructure provider InfStones.
  • The vulnerability has the potential to impact approximately $1 billion worth of crypto, including cryptocurrencies such as Ether, BNB, SUI, and others.
  • dWallet Labs claims that the vulnerability allowed them to gain full control, run code, and extract private keys of hundreds of validators on multiple major networks.
  • InfStones acknowledges the potential threat but contests the figures quoted by dWallet Labs, stating that the vulnerabilities only impacted a fraction of their active nodes.
  • InfStones has taken immediate actions to address the vulnerabilities, including resolving the issues, conducting an internal review, and hiring an external security firm to audit its systems and policies.
  • InfStones claims that the potential vulnerability identified by dWallet Labs would only have a limited impact, affecting only a small fraction of the live nodes they have launched.

The article highlights a potential vulnerability in blockchain validators that could impact a significant amount of crypto. While dWallet Labs raises concerns about potential losses, InfStones contests the figures and takes steps to address the vulnerabilities.

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You May Ask

What vulnerability did dWallet Labs discover in validators hosted by InfStones?Which cryptocurrencies could be affected by the potential vulnerability?How much worth of crypto could be impacted by the vulnerability?How did InfStones respond to the potential threat highlighted by dWallet Labs?What actions did InfStones take to address the vulnerabilities?

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