According to reports on June 19, Sui awarded $500,000 to blockchain security firm CertiK for discovering a critical “HamsterWheel” vulnerability on its network. blog post.

In a blog post, CertiK’s Skyfall team detailed the technical aspects of the HamsterWheel attack, explaining how it negatively impacted Sui and how it was fixed.

Mysten Labs, Sui’s blockchain developer, has yet to respond. of crypto slate Requests for comment at press time.

hamster wheel attack

The HamsterWheel vulnerability is a type of bug that can prevent the Sui network from processing new transactions, causing the entire network to shut down. CertiK wrote:

“This unique attack, unlike anything known so far, allows an attacker to cause an infinite loop in a validator node by simply sending a small payload of around 100 bytes. creates permanent damage that persists even after the validator network is restarted.”

CertiK reported this vulnerability on April 27th and Sui fixed it on April 28th. Sui said he designated the vulnerability critical on April 30th, and on May 16th he paid out a $500,000 bug bounty.

sui blockchain

Sui is a Layer 1 blockchain network built on Move, which went live in May. Since its inception, this project has encouraged Developers build on that network, scored Several partnerships, including the recent integration with OKX Web3 Wallet.

Data from Suwi Explorer Indicated We can see that the total number of active addresses on the network is 871,630 and the total addresses per day is 9,253. The network has processed over 13 million transaction blocks since its inception.

Furthermore, according to data from suivision, 963 NFT collections have minted over 2 million NFTs on the network, with over 460,000 holders.

On the other hand, the network has also seen more than a few fraudulent projects, with one of the DEXs, NemoSwap, misleading the public about investors.

SUI tokens are traded in $According to 0.75504 at the time of this writing of crypto slate data. This is down 46% from its all-time high of $1.4.

The article, “Sui Gives $500,000 to CertiK for Finding Critical ‘HamsterWheel’ Vulnerability,” first appeared on CryptoSlate.

By Jules

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