Major Network Threats Vulnerability Discovered In Popular Altcoin!

Blockchain auditing platform CertiK has received a $500,000 reward from the Sui Foundation for discovering a critical vulnerability in the Sui (SUI) network.

In a post on CertiK’s website on June 19, layer-1 (L1) blockchain network sui on which the network enters a continuous loop. to become incapacitated that may cause vulnerability He said he found it. Platform, to mainnet launch short-term deficit to Sui by notifying 500 thousand dollars won an award.

Vulnerability by description “Hamster Wheel” a type of attack was preparing the ground. HamsterWheel attack traditional attacks net like pause in its place nodes new transactions to approve without letting running without interruption network one into the loop stings.

Following the identification of the vulnerability, the Sui Foundation decided to avoid a similar problem in the future. two important safety precautions He said he got it. CertiK has recently detailed a technical report promised to deliver.

CertiK Chief Security Officer KangLi, He made the following statement on the subject:

The discovery of the HamsterWheel attack points to the evolving sophisticated nature of threats to blockchain networks.

According to Coinecko data, the latest 30 days in 32.7% depreciating SUIend 24 hours in 0.9% by gaining value as of writing $0.768 traded at the level.

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