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BTC $78,383.52 -2.87%
ETH $2,204.10 -2.41%
BNB $659.29 -3.45%
XRP $1.41 -3.91%
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TRX $0.3508 -0.71%
DOGE $0.1096 -4.10%
ADA $0.2550 -4.55%
BCH $421.62 -3.15%
LINK $9.82 -4.73%
HYPE $41.53 -9.97%
AAVE $89.15 -8.05%
SUI $1.05 -8.06%
XLM $0.1513 -5.24%
ZEC $493.50 -9.32%

Security Agency: Binance's proposal to add wBETH to the Gauge Controller initiated by Curve poses potential risks

2023-05-04 23:00:50
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According to ChainCatcher's message, the blockchain security agency Supremacy has monitored a potential risk in Binance's proposal to add wBETH to the Gauge Controller initiated by Curve. There is a feature in the WrapTokenV1BSC contract on the BNBChain platform that allows the transfer of all ETH Reserve, which is a single-signature EOA account. This means that a private key leak or internal malfeasance could lead to very serious consequences.

Binance's feedback indicated that the private key of this account is controlled by the finance department, which provides a certain level of security and thus reduces the risk. However, Supremacy still believes there is a centralization risk at the code level. (Source link)

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