On January 3, 2025, a blockchain safety researcher, often called @lj1nu on X, found a safety flaw in considered one of Virtuals Protocol’s audited sensible contracts.
@lj1nu reported the problem, and Virtuals Protocol shortly patched the bug. Nevertheless, the person realized that the corporate had no lively bug bounty program, which left the invention with out a reward.
Furthermore, the substitute intelligence (AI) centered blockchain firm closed its devoted Discord channel for reporting such vulnerabilities.
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Afterward, @lj1nu shared the small print on X, warning concerning the potential influence of the vulnerability on Virtuals Protocol’s ecosystem.
The person expressed issues concerning the firm’s strategy to safety, stating, “The vulnerability is easy and might influence the Virtuals ecosystem (however Virtuals in all probability doesn’t care about safety)”.
Virtuals Protocol reached out to @lj1nu, assuring the person that the corporate would assessment the severity of the vulnerability and promised a bug bounty reward. Nevertheless, no certain amount has been introduced but.
In a put up on X, Virtuals Protocol thanked @lj1nu for reporting the problem. They acknowledged, “Thanks @lj1nu for bringing this to our consideration – a patch has been pushed”. The corporate additionally added that they’re engaged on a bug bounty program and can announce the small print quickly.
In the meantime, a large-scale crypto investor lately secured a considerable revenue from investing within the Virtuals Protocol (VIRTUAL) token. How a lot did they earn? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech business, Aaron understands all the greatest points and struggles that crypto fanatics face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for every thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish newbies.Aaron has been quoted by a number of established shops, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the subsequent supernova.
