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BTC $63,962.98 -2.62%
ETH $1,856.26 -2.67%
BNB $564.41 -1.08%
XRP $1.08 -2.80%
SOL $73.91 -3.05%
TRX $0.3293 -0.33%
DOGE $0.0693 -0.84%
ADA $0.1618 -3.64%
BCH $212.12 -0.09%
LINK $8.30 -2.77%
HYPE $57.22 -2.79%
AAVE $91.26 -5.45%
SUI $0.7063 -5.45%
XLM $0.1770 -3.89%
ZEC $477.61 -6.44%

Virtuals Protocol: Fixing the token pre-lockup vulnerability, ensuring user fund security

2024-12-12 23:10:08
Collection

ChainCatcher message, the Base chain AI Agents ownership layer protocol Virtuals Protocol stated, "We have noticed an extreme case where developers using certain third-party locked pre-bound proxy tokens are able to access their tokens after binding without locking them. Please note that all funds are secure. Thanks to community members for their feedback, a bounty of $10,000 has been provided for them."

"We are developing a permanent feature, meanwhile, we hope that builders who wish to lock their tokens before binding can achieve token locking by sending their tokens to the vault (with a standard lock of 6 months after binding)."

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