On January 3, 2025, a blockchain safety researcher, generally known as @lj1nu on X, found a safety flaw in one among Virtuals Protocol’s audited sensible contracts.
@lj1nu reported the problem, and Virtuals Protocol shortly patched the bug. Nonetheless, the person discovered that the corporate had no lively bug bounty program, which left the invention with no reward.
Furthermore, the synthetic intelligence (AI) targeted blockchain firm closed its devoted Discord channel for reporting such vulnerabilities.
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In a while, @lj1nu shared the small print on X, warning in regards to the potential affect of the vulnerability on Virtuals Protocol’s ecosystem.
The person expressed issues in regards to the firm’s strategy to safety, stating, “The vulnerability is easy and may affect the Virtuals ecosystem (however Virtuals most likely 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 put up 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 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 Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands all the greatest points and struggles that crypto lovers 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 individual for all the pieces and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established shops, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market tendencies, and in search of the following supernova.