Here’s How Polkadot Survived The $200 Million Heist

A security researcher has collected a total of $200 million in three parachains in Polkadot. detected a vulnerability that could lead to a robbery.

Known as Pwning.eth, this researcher discovered this vulnerability in software called Frontier. in last June discovered. Then you can fix the bug via Immunefi, on June 27 reported.

In the statement made by Immunefi, the following was said about this discovered vulnerability:

“Pwning.eth has a total impact from Moonbeam, Astar Network, and Acala, affecting the entire Polkadot ecosystem. More than $200 million found a bug that could cause it to be stolen.”

This vulnerability could have led to the undesired generation of large amounts of tokens. Had a hacker exploited this vulnerability, they could have produced an unlimited amount of wrapped liner (WASTR), wrapped moonbeam (WGLMR), and wrapper moonriver (WMOVR).

Moonbeam and Astar teams are grateful to him for finding and reporting this vulnerability. 1 million dollars awarded a cash prize. Parity, the developer of Frontier Library, also received this award. Contributed an additional $250,000.

source site-9