Bisq Protocol Attacked, Approximately 11 BTC Stolen Due to Missing Validation Mechanisms

BTC1.62%

According to official statement reported by ChainCatcher, Bisq protocol was attacked recently, resulting in approximately 11 BTC stolen due to missing validation mechanisms. Attackers exploited a negative miner fee vulnerability to transfer funds via multi-signature transactions.

Bisq is discussing compensation plans, offering victims Bitcoin or BSQ token reimbursement pending DAO voting, with decisions expected after the May 25 DAO cycle concludes. The protocol has fixed the vulnerability and plans to release a patch while strengthening code security reviews. Users are advised to reduce BTC holdings in their wallets temporarily.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments