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BTC $61,282.80 -2.84%
ETH $1,585.17 -5.83%
BNB $581.09 -1.97%
XRP $1.09 -3.57%
SOL $63.16 -4.53%
TRX $0.3199 -1.57%
DOGE $0.0820 -2.81%
ADA $0.1593 -2.68%
BCH $223.80 -0.85%
LINK $7.42 -2.66%
HYPE $60.02 -2.80%
AAVE $62.00 -9.70%
SUI $0.7174 +0.91%
XLM $0.2010 +4.75%
ZEC $374.47 +18.45%

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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