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Patched Cosmos Bug Could’ve Put $150M At Risk, Says Firm That Reported It

Altszn.com by Altszn.com
April 23, 2024
in Blockchain, Crypto, DeFi, Web3
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Patched Cosmos Bug Could’ve Put 0M At Risk, Says Firm That Reported It
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“While this vulnerability has existed in ibc-go since the beginning, it only became exploitable due to recent developments in the Cosmos SDK ecosystem,” Asymmetric said in a blog post published Tuesday. The vulnerability was unlocked with the advent of “IBC middleware” – third-party applications built using CosmWasm, a WebAssembly-based smart contract runtime, that allows tokens to be used across blockchains.

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Read More: www.coindesk.com

Tags: 150mbugCosmosCouldveDeFifirmPatchedputreportedrisk
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