On January 3, 2025, a blockchain safety researcher, often known as @lj1nu on X, found a safety flaw in one in all Virtuals Protocol’s audited sensible contracts.
@lj1nu reported the problem, and Virtuals Protocol rapidly patched the bug. Nonetheless, the consumer discovered that the corporate had no energetic bug bounty program, which left the invention with out a reward.
Furthermore, the bogus intelligence (AI) targeted blockchain firm closed its devoted Discord channel for reporting such vulnerabilities.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
What’s Litecoin? LTC Simply Defined (ANIMATED)
Afterward, @lj1nu shared the small print on X, warning concerning the potential impression of the vulnerability on Virtuals Protocol’s ecosystem.
The consumer expressed issues concerning the firm’s method to safety, stating, “The vulnerability is straightforward and might impression the Virtuals ecosystem (however Virtuals most likely doesn’t care about safety)”.
Virtuals Protocol reached out to @lj1nu, assuring the consumer that the corporate would overview the severity of the vulnerability and promised a bug bounty reward. Nonetheless, no certain quantity has been introduced but.
In a publish on X, Virtuals Protocol thanked @lj1nu for reporting the problem. They acknowledged, “Thanks @lj1nu for bringing this to our consideration – a patch has been pushed”. The corporate additionally added that they’re engaged on a bug bounty program and can announce the small print quickly.
In the meantime, a large-scale crypto investor lately secured a considerable revenue from investing within the Virtuals Protocol (VIRTUAL) token. How a lot did they earn? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto fans face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for the whole lot and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish newcomers.Aaron has been quoted by a number of established shops, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and searching for the following supernova.