Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » Revealed details of the vulnerability, which allows emptying the hot wallets of exchanges by burning Ethereum gas

    Revealed details of the vulnerability, which allows emptying the hot wallets of exchanges by burning Ethereum gas

    0
    By BlockchainJournal on November 22, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Supplier dApp-solutions Level K revealed the details of the vulnerability in the network Ethereum, which was reported on 9 November.

    The disclosure is now public: https://t.co/xVwsG9EBET We appreciate it.

    – Level K (@levelk_io) November 21, 2018

    The developers talked about the attack called “sabotage vector”, which exploited the possibility of random calculations using the address to which Ethereum coins were sent.

    The attack could be capitalized through the Minting of GasToken tokens, tied to the cost of gas in the Ethereum network, due to random calculations when receiving ETH to your address, and the initiator of the transaction would have to pay for these actions. As a result, the exchanges that did not implement such precautions as a gas limit were threatened.

    At the same time, the vulnerability concerned not only Ethereum, but also ERC-20 and ERC-721 tokens. Thus, a potential attacker could not only deprive the “hot wallet” of some exchange of substantial funds by burning gas, but also enrich themselves.

    At the moment, all trading platforms that have received notifications from Level K have implemented appropriate security measures.

    Recall, on November 9, it also became aware of a vulnerability in the Python implementation of the Ethereum virtual machine.

    Subscribe to BlockchainJournal news on Facebook !

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    ETH ethereum Featured GAS Network
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ECB eyes onchain settlements next year as lawmakers weigh digital euro privacy

    December 19, 20253 Mins Read

    Federal Reserve moves toward a narrower, crypto-driven concept of Master Accounts

    December 19, 20252 Mins Read

    US Senate confirms pro-crypto Selig to lead CFTC, Hill to head FDIC

    December 19, 20252 Mins Read

    Bitcoin and Aptos address the quantum risk facing a 20 percent probability rate

    December 19, 20253 Mins Read

    The Prince of Johor launches RMJDT to boost asset tokenization in Malaysia today

    December 19, 20253 Mins Read

    Jurrien Timmer from Fidelity warns of Bitcoin drop after 125,000 dollars peak today

    December 19, 20253 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.