16/09/19 08:00 UTC-4

AirSwap reveals "critical vulnerability" in a new smart contract

AirSwap, a peer-to-peer Ethereum-based tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
network, stated it had identified a critical vulnerability in its recently released smart contract.


A critical vulnerability in a smart contract

Under certain conditions, the vulnerability allows the offenders to exchange tokens without requiring the counterparty to sign the agreement.

According to AirSwap, the vulnerability was present in its system for less than 24 hours, with 10 accounts at risk.

After the vulnerability was detected, the AirSwap team returned their AirSwap Instant product to their original smart contracts.

Interesting in the section: Blokchain technology outside cryptocurrencies

  • The team also contacted all affected users and "developed an exploit code to remove all vulnerable assets in AirSwap contracts in a timely manner."
  • On May 29, representatives of the TRON blockchainBlockchain
    is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
    platform said that developing smart contracts on their platform is several times cheaper than on the Ethereum platform. It is possible without loss of wide functionality and with high throughput and speed. 


See also: "BTC for $800: Hackers Sell Bitcoin at 90% Off"

#AirSwap #SmartContract #Blockchain #Cryptocurrency

Editor: Yuliya Soroka


12/10/19 04:20 UTC-4

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