Express

Loopring DEX Swiftly Fixes Major Bug Before It Can Be Exploited

Ramsey Baker

Summary: Loopring, the decentralized exchange, was able to patch a potentially dangerous security vulnerability before it could be exploited. On Thursday, Starkware, the blockchain scalability and privacy specialist, found a critical bug in the frontend wallet of Loopring’s decentralized exchange. This flaw put all $5 million worth of the exchange’s funds at risk. Starkware quickly informed ...

Loopring, the decentralized exchange, was able to patch a potentially dangerous security vulnerability before it could be exploited.

On Thursday, Starkware, the blockchain scalability and privacy specialist, found a critical bug in the frontend wallet of Loopring’s decentralized exchange. This flaw put all $5 million worth of the exchange’s funds at risk. Starkware quickly informed Loopring, who was able to close the exchange and swiftly fix the bug.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Loopring DEX Swiftly Fixes Major Bug Before It Can Be Exploited   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 10 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 17 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 21 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 24 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 28 days ago

    • You need to login to comment.