CertiK receives $500K bounty after Sui blockchain threat discovery
The vulnerability dubbed “HamsterWheel” traps nodes in an endless loop similar to hamsters jogging on a wheel. Blockchain security firm CertiK has received a bounty of $500,000 from the Sui network after flagging a threat that had the potential to disrupt Sui's entire layer-1 blockchain. In an announcement sent to Cointelegraph, the CertiK team highlighted that the vulnerability dubbed "HamsterWheel" was different from traditional attacks which focus on shutting down blockchain s by crashing nodes. This attack traps nodes, letting them perform operations without processing new transactions, similar to hamsters jogging on a wheel. The attack has the capability to cripple networks and make them unable to operate. The security firm discovered the vulnerability and reported it to Sui ahead of its mainnet launch. Responding to the security threat, the Sui network implemented fixes to prevent the potential damages that an attack could inflict on the blockchain. To appreciate ...