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BTC $64,024.20 -0.22%
ETH $1,841.37 -1.72%
BNB $566.16 -1.64%
XRP $1.09 -0.19%
SOL $75.18 -0.65%
TRX $0.3227 -0.04%
DOGE $0.0725 -1.09%
ADA $0.1654 +1.97%
BCH $219.37 -1.87%
LINK $8.23 -1.88%
HYPE $60.08 -3.79%
AAVE $90.88 -1.34%
SUI $0.7402 -1.27%
XLM $0.1869 -1.72%
ZEC $547.78 +0.68%

Security Agency: Binance's proposal to add wBETH to the Gauge Controller initiated by Curve poses potential risks

2023-05-04 23:00:50
Collection

According to ChainCatcher's message, the blockchain security agency Supremacy has monitored a potential risk in Binance's proposal to add wBETH to the Gauge Controller initiated by Curve. There is a feature in the WrapTokenV1BSC contract on the BNBChain platform that allows the transfer of all ETH Reserve, which is a single-signature EOA account. This means that a private key leak or internal malfeasance could lead to very serious consequences.

Binance's feedback indicated that the private key of this account is controlled by the finance department, which provides a certain level of security and thus reduces the risk. However, Supremacy still believes there is a centralization risk at the code level. (Source link)

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