ZetaChain
Coverage of ZetaChain in the Nexus archive.
- ZetaChain dismissed bug report that could have prevented $334K exploit
ZetaChain dismissed a bug report through its bug bounty program before a $334,000 exploit occurred. The vulnerability was identified and reported but ignored, leading to the attack.
- Bitcoin looks firm, but this still feels like a selective crypto market
Bitcoin rose 1.6% as a Czech central bank official advocated for its inclusion in sovereign reserves, while macro risks and the ZetaChain exploit highlighted ongoing selectivity in the crypto market. Stocks and Treasury yields moved inversely, with the broader market showing cautious optimism.
- ZetaChain identifies cross-chain messaging loophole as root of targeted exploit
ZetaChain's post-mortem revealed that an attacker exploited three vulnerabilities in cross-chain messaging to drain $333,868 from team wallets. The exploit was identified as a targeted attack leveraging a loophole in the system.
- ZetaChain halts cross-chain transactions following attack on smart contract
ZetaChain has paused cross-chain transactions after a smart contract attack, but confirmed that only internal team wallets were impacted and user funds remain unaffected.