Dec 11, 10:38 AM

Immunefi Core and Ancillaries Audit Competitions Award $500K; $1.12B in DeFi Losses from Munchables, Hedgey Finance, Thala Labs

The recent @Shardeum Core and Ancillaries Audit Competitions on Immunefi resulted in a total payout of $500,000 to security researchers for identifying critical vulnerabilities. Notable findings from the Core Audit included issues such as account balance manipulation, network takeover via Golden Ticket, and arbitrary data signing attacks. The Ancillaries Audit highlighted vulnerabilities like malicious archivers that could overwrite account data, XSS-enabled node shutdowns, and crashes of archive servers due to malformed requests. Additionally, a review by AuditOne_DAO emphasized the ongoing challenges in decentralized finance (DeFi), revealing that $1.12 billion in losses could have been prevented by addressing vulnerabilities in platforms such as Munchables, Hedgey Finance, and Thala Labs. The report also stressed the importance of implementing stronger security measures to protect DeFi protocols.

#Immunefi #Core Audit #Golden Ticket #Ancillaries Audit #AuditOne_DAO #DeFi #Munchables #Hedgey Finance #Thala Labs

Written with ChatGPT (GPT-4o mini).

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Immunefi Core and Ancillaries Audit Competitions Award $500K; $1.12B in DeFi Losses from Munchables, Hedgey Finance, Thala Labs

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