Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets

Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research.

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Cosmos patches ‘critical’ IBC protocol bug saving $126M

IBC has always had the bug but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said.

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