ZenGo uncovers dApp vulnerability

ZenGo has discovered a security vulnerability called the "red pill attack" in decentralized applications or dApps. The vulnerability allowed malicious dApps to steal user assets using opaque transaction approvals. Many leading vendors, including Coinbase Wallet, were vulnerable to such attacks. ZenGo found that developers took a shortcut in setting "Special Variables" to arbitrary values during simulation, leaving the simulation vulnerable to attack. ZenGo said the fix was straightforward and urged developers to populate vulnerable variables with meaningful values. (Read More)

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ZenGo uncovers 'red pill attack' vulnerability in popular Web3 apps

The vulnerability has since been patched, although it affected several leading transaction simulation vendors.

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Tether Invests in Zengo Wallet to Boost Stablecoin Adoption

Tether announces a strategic investment in Zengo Wallet, aiming to enhance self-custody solutions and drive global stablecoin adoption, reflecting its commitment to secure digital asset management. (Read More)

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Fireblocks Discloses Bitforge Vulnerabilities Affecting Dozens of Wallet Providers

Fireblocks, a digital assets security company, has disclosed vulnerabilities affecting several cryptocurrency wallets, collectively named “Bitforge.” Through these vulnerabilities, criminals could steal millions in cryptocurrency without having direct contact with the owners of the wallet or its providers. While some providers have already applied patches, others are still vulnerable. Bitforge Vulnerabilities Disclosed Fireblocks, a cryptocurrency [...]

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