Cosmos Associates: Hackers Forge Merkle Proofs via RangeProof in BNB Chain Attack

Oct 09,2022
KingData News: Ethan Buchman, co-founder of Cosmos, commented on the BSC cross-chain bridge attack, saying that the crux of the problem in this incident was that the hackers were able to forge Merkle proofs. This is not supposed to be possible - merkle proofs are supposed to provide high integrity. Blockchain light clients (and IBC) are built on merkle proofs, so it’s important to get them right.
This metrics provides a follow-up of hack incidents such as the exploitation of the Harmony-eco cross-chain bridge Horizon and the NFT lending protocol XCarnival.
20,852Follow
29,879

Recommend

More