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SOL $88.25 +3.13%
TRX $0.3260 +0.10%
DOGE $0.0980 +1.61%
ADA $0.2554 +1.63%
BCH $449.07 +1.34%
LINK $9.44 +1.76%
HYPE $43.69 -3.69%
AAVE $113.87 +6.67%
SUI $0.9854 +0.36%
XLM $0.1663 +3.35%
ZEC $333.69 -2.82%

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

2023-05-04 23:00:50
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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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