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Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets

Bitcoin.com

24 April 2024

News Bytes - Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in AssetsCosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since its 2021 inception, became exploitable recently with the introduction of new codebase developments but was […]


News Bytes
Asymmetric Research
cosmos (ATOM)
Crypto
Cryptocurrency
Inter-Blockchain Communication (IBC)

https://news.bitcoin.com/cosmos-developers-patch-critical-flaw-in-ibc-protocol-safeguarding-126-million-in-assets/

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