Posts

Showing posts with the label vulnerability

Security firm discovers $500M vulnerability in Tron multisig accounts

Image
After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days. A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multisignature mechanism and sign transactions with a single signature. In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held in Tron multisig account s. This is because it allows any signer to “completely overcome the multisig security offered by TRON.” 0d, our superstar cybersecurity research team, discovered a vulnerability in TRON multisig accounts putting over $500M of digital assets at risk - it was disclosed and fixed so there are no user assets at risk now. A technical breakdown:https://t.co/nMj6kV6Oc3 — dWallet Labs (@dWalletLabs) May 30, 2023 As its name suggests, multisignature wallets require multiple signers defined in a...