Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum

Date:

The threat was found in the way transactions are submitted and processed on the network, through a tool known as a bridge, which allows users to transfer tokens between different blockchains. Attacks on bridges have become one of the biggest security threats in crypto, accounting for almost $1 billion stolen in the past year.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Custodian Anchorage Adds to Asia Push With Batch of Institutional Crypto Partners

“Currently about 10% of our business is in...

The crypto market downturn explained

Around the Block from Coinbase Ventures sheds light...