SlowMist: The security incident with Truebit was caused by the lack of overflow protection mechanisms in the contract

TRU-4,93%
ETH-5,94%

Foresight News reports that SlowMist Security Team has released an analysis report on the Truebit Protocol security incident. On January 8, Truebit Protocol was attacked due to an integer overflow vulnerability in its Purchase contract. The attacker was able to mint TRU tokens at nearly zero cost and stole 8,535 Ethereum (approximately $26.44 million). The root cause was the lack of overflow protection mechanisms in the contract, leading to incorrect price calculations. The stolen funds were subsequently transferred to Tornado Cash. It is recommended to always use SafeMath to protect all arithmetic operations in contracts compiled with Solidity versions prior to 0.8.0 to prevent overflow-related logical flaws.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Korean National Tax Service leaks seed phrase, white-hat hacker empties 4.8 million tokens and returns everything

The Korean National Tax Service was targeted by unknown individuals who transferred 4 million Pre-Retogeum tokens, worth approximately $4.8 million, after releasing a photo containing the 12-word seed phrase for a Ledger hardware wallet. This incident exposed security vulnerabilities in government agencies' digital asset custody. Although the tokens have been returned, it highlights the need to strengthen digital asset protection.

MarketWhisper25m ago

Vitalik Buterin Accelerates $ETH Sell-Off Again — What’s Behind the Move?

_Key Takeaways_ _Vitalik Buterin sold 1,869 ETH (~$3.67 million) in the last 48 hours, picking up pace after recent Aave withdrawals._

CoinsProbe32m ago

Vitalik Buterin Unveils Ethereum Quantum-Resistance Roadmap

Vitalik Buterin has outlined a four-pronged plan to harden Ethereum against quantum threats, identifying four areas most vulnerable: validator signatures, data storage, user account signatures, and zero-knowledge proofs. As headlines spotlight quantum risk across crypto, including discussions

CryptoBreaking38m ago

Ethereum Foundation Launches Project Odin to Diversify Funding for Infrastructure and Public Goods Teams

The Ethereum Foundation (EF) has introduced Project Odin, a 12-month accelerator program designed to help critical infrastructure teams achieve financial sustainability by developing diversified revenue streams beyond traditional grants.

CryptopulseElite41m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)