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Home»BITCOIN NEWS»Cosmos Developers Patch Serious Flaws in IBC Protocol, Protecting $126 Million in Assets
BITCOIN NEWS

Cosmos Developers Patch Serious Flaws in IBC Protocol, Protecting $126 Million in Assets

By Crypto FlexsApril 24, 20241 Min Read
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Cosmos Developers Patch Serious Flaws in IBC Protocol, Protecting 6 Million in Assets
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Cosmos developers have successfully fixed a serious security vulnerability in the Inter-Blockchain Communication (IBC) protocol that put at least $126 million worth of assets at risk, according to a private notification from Asymmetric Research. This flaw, which has existed in the protocol since its launch in 2021, has recently become exploitable with the introduction of new code base developments (…)

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