BNB Smart Chain Targeted by Hackers Due to Programming Language Vulnerability

BNB Smart Chain Targeted by Hackers Due to Programming Language Vulnerability



According to recent reports, the BNB Smart Chain (BSC) experienced copycat attacks that exploited a vulnerability in the Vyper programming language, similar to what happened to the decentralized finance (DeFi) protocol Curve Finance. In light of these exploits happening on Ethereum, BlockSec, a Blockchain security firm, revealed through a tweet on July 30 that approximately $73,000 worth of cryptocurrencies were stolen on the BSC due to three separate exploits.



These attacks on BSC happened alongside similar incidents that targeted liquidity pools on Curve Finance, resulting in losses estimated to exceed $41 million, as reported by BlockSec.



The vulnerability that led to the exploits on the BNB Smart Chain (BSC) was attributed to a malfunctioning reentrancy lock present in Vyper versions 0.2.15, 0.2.16, and 0.3.0. This issue


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#BNB, #Cryptomarket, #Cryptonewstoday, #Vyper

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