Background

Crypto Armageddon Looms: Hidden Backdoor in Near Network Could Wipe Out Billions in an Instant

BlockchainCrypto NewsHack Doug Martinez October 10, 2024

A illustration depicting two nodes in a peer-to-peer connection with one node emitting panic signals while the other remains unaffected, surrounded by warning signs and broken network cables to convey the 'Web3 Ping of Death' vulnerability.

Crypto Bro’s worst nightmare: Near Protocol vulnerability that could crash entire networks! A Web3 Ping of Death has left us all wondering if we’ll ever be able to trust those ‘ decentralized’ systems again… or will they just keep getting crashed by some malicious actor? Jemima Kelly, you’re not alone in this one. We’ve got a real treat for you today – the discovery of a critical bug that could have brought down every single node on the Near Protocol network! That’s right folks, it was like something straight out of ‘The Matrix’… but without Neo to save us (unfortunately).

Source: cointelegraph

Near patches critical bug that could crash every node on the network
https://cointelegraph.com/news/near-patche-web3-ping-vulnerability
The smart contract platform Near Protocol contained a weird vulnerability that could have allowed an attacker to crash every node on the network, effectively shutting it down. According to a Sept. 26 report from blockchain security firm Zellic, which discovered it, the vulnerability was quietly eliminated through a patch in January, but some networks may still contain similar flaws. In the report, Zellic referred to the flaw as a “Web3 […]

Tagged as:

Share on

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

More posts

Previous

Next

You may also like

Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

We are the internet’s finest destination for poking fun at the wild world of cryptocurrency! We transform the bewildering jargon and frantic hype of the crypto market into a comedy spectacle that’s almost as volatile as crypto itself.

ABOUT
CONTACT
PRIVACY
IMPRINT
© 2024 Cryptobro Magazine
X-twitter