On January 3, 2025, a blockchain safety researcher, often called @lj1nu on X, found a safety flaw in one in all Virtuals Protocol’s audited good contracts.
@lj1nu reported the difficulty, and Virtuals Protocol shortly patched the bug. Nonetheless, the person discovered that the corporate had no lively bug bounty program, which left the invention and not using a reward.
Furthermore, the bogus intelligence (AI) centered blockchain firm closed its devoted Discord channel for reporting such vulnerabilities.
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Afterward, @lj1nu shared the main points on X, warning in regards to the potential impression of the vulnerability on Virtuals Protocol’s ecosystem.
The person expressed considerations in regards to the firm’s strategy to safety, stating, “The vulnerability is easy and may impression the Virtuals ecosystem (however Virtuals in all probability doesn’t care about safety)”.
Virtuals Protocol reached out to @lj1nu, assuring the person that the corporate would evaluate the severity of the vulnerability and promised a bug bounty reward. Nonetheless, no certain quantity has been introduced but.
In a submit on X, Virtuals Protocol thanked @lj1nu for reporting the difficulty. 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 main points 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 complete 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 Battle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire largest points and struggles that crypto fanatics face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for all the things 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 inexperienced persons.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 developments, and on the lookout for the following supernova.