min to read

2019-09-11 13:52:03




News

Vulnerability that allowed manipulating smart contracts was fixed in Libra code

#FacebookLibra

min to read

2019-09-11 13:52:03

The developers of OpenZeppelin startup specialized in smart contract security have discovered and fixed a vulnerability in the public Libra digital currency code from Facebook.

The developers of OpenZeppelin startup specialized in smart contract security have discovered and fixed a vulnerability in the public Libra digital currency code from Facebook. It is reported by Coindesk.

 

Specifically, OpenZeppelin found bug in Move, the scripting language developed by Facebook especially for Libra.

 

“The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts disguised as inline comments. The good news is that it was patched before the platform laungh”. – said OpenZeppelin CEO Demian Brener.

 

The ability to enter into smart contracts will be one of the programmable functions in Libra, although the details of their work are still unknown.

 

Brener pointed out that large-scale system, as Libra should be thoroughly audited.

 

Note that the other day, the US Treasury Department once again emphasized that Libra and other digital currencies are required to comply with the highest standards of legislation on combating money laundering and terrorist financing.

 

Earlier, ForkLog published material about why regulators around the world are so worried about the cryptocurrency project Libra from Facebook.

All rights reserved © CryptoRivista