An underflow bug let attackers credit their own balance far past what they'd actually deposited, on any chain running Cosmos EVM.
About SN60 Bitsec.ai
Bitsec | Bittensor Subnet 60 τ@bitsecaiAn underflow bug let attackers credit their own balance far past what they'd actually deposited, on any chain running Cosmos EVM. Cosmos Labs opened a fix for it in May. They called it resolved. It wasn't. Four chains got hit by the same bug in August. No warning reached the teams running it, but a warning wouldn't have changed much. The fix underneath it didn't hold. The team that wrote the fix was the only one checking whether it worked. Independent auditing exists for exactly this gap. Not only do we put fresh eyes on code, we reverify. @bitsecai $TAO
SN60 Bitsec.ai at a glance
SN60, Bitsec.ai (α token ذ), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.002569 τ (≈ $0.56), against 5,596 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 32.16% APR (simple) and 37.94% APY (compounded), emissions add 0.000004 τ to the pool each block, epochs run every 360 blocks. It was registered at block #4,796,992.
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More from SN60 Bitsec.ai
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.