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Celer Network Contract Vulnerability

·Historical incident record

Incident Overview

Cross-chain interoperability protocol Celer Network reported Wednesday that it has patched a code vulnerability first discovered by Jump Crypto, The Block reported. In a blog post published by Celer and Jump Crypto, a vulnerability in the State Guardian Network (SGN), Celer's proof-of-stake (PoS) blockchain, was disclosed. If implemented, the vulnerability could allow a malicious validator to submit a large number of fraudulent "votes", resulting in a change in the state of the network. Celer emphasized that the breach did not result in any financial loss. The vulnerability was not publicly accessible and no funds were directly at risk when it was discovered. Celer said it would propose a bug bounty for Jump Crypto as a result of the discovery.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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