Sunday, March 1, 2026
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Truebit Hack Lets Attacker Mint $26M in Tokens for Free

by Catatonic Times
January 14, 2026
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


Loved this text?

Share it with your pals!

A vulnerability in Truebit’s code enabled an assault that generated about $26 million in new tokens.

The flaw allowed the attacker to create tokens virtually free of charge, which exhibits that even long-running blockchain techniques can nonetheless be in danger.

In accordance with a report from the blockchain safety agency SlowMist, the problem was linked to how Truebit’s sensible contract dealt with funds. The attacker exploited a contract error that allowed them to generate giant quantities of tokens “with out paying any ETH


ETH

$3,331.11

“.

Do you know?

Wish to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer movies each week!

What’s FUD in Crypto? (Worry, Uncertainty & Doubt Defined)

What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)
What is FUD in Crypto? (Fear, Uncertainty & Doubt Explained)

SlowMist defined {that a} small arithmetic error prompted the issue. The report said, “Attributable to a scarcity of overflow safety in an integer addition operation, the Buy contract of Truebit Protocol produced an incorrect outcome when calculating the quantity of ETH required to mint TRU tokens”.

That error enabled the attacker to mint $26 million price of TRU tokens with virtually no price. The autopsy famous that the sensible contract’s code “erroneously diminished” the worth calculation.

The difficulty was linked to the model of Solidity used to write down the contract, model 0.6.10. Earlier variations of the programming language lacked automated checks to stop numerical overflow.

When a quantity went past the utmost worth for “uint256″, it will loop again to a small quantity close to zero.

Belief Pockets’s browser extension v2.68 suffered a $7 million breach. How did the incident occur? Learn the complete story.



Source link

Tags: 26MAttackerFreeHackLetsMinttokensTruebit
Previous Post

Ukraine Blacklists Polymarket Over Unlicensed Betting

Next Post

21Shares Launches Bitcoin-Gold ETP on LSE

Related Posts

Bitcoin for the rest of us: What you need to know
Altcoin

Bitcoin for the rest of us: What you need to know

February 28, 2026
DOT Is Bleeding — and the Market Knows Why
Altcoin

DOT Is Bleeding — and the Market Knows Why

February 27, 2026
The Rise of Circle: From Stablecoin Pioneer to Fintech Giant
Altcoin

The Rise of Circle: From Stablecoin Pioneer to Fintech Giant

February 27, 2026
Understanding Crypto On-Chain Metrics|| Part 7: Miner Reserve
Altcoin

Understanding Crypto On-Chain Metrics|| Part 7: Miner Reserve

February 27, 2026
Will quantum computers crack Bitcoin?! It’s time to sell!
Altcoin

Will quantum computers crack Bitcoin?! It’s time to sell!

February 27, 2026
Pump.fun launches ‘Pump Fund’ in strategic shift from memecoins to startup investment
Altcoin

Pump.fun launches ‘Pump Fund’ in strategic shift from memecoins to startup investment

February 27, 2026
Next Post
21Shares Launches Bitcoin-Gold ETP on LSE

21Shares Launches Bitcoin-Gold ETP on LSE

YouTube Crypto Channels Hit Multi-Year Engagement Low

YouTube Crypto Channels Hit Multi-Year Engagement Low

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Say What You Want — XRP’s Chart Is Screaming $50 — Analyst
  • Why Consultants’ Skills Are Practically Useless Thanks to AI
  • The Legal Strategy Behind Crypto Exchange Backpack’s Token-to-Equity Program
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.