BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Security Firms Report that 280 Blockchains Could be at Risk of Zero-Day Exploits

by BlockNews Team
March 15, 2023
in Business, Crypto, Finance, Media
A A
Security Firms Report that 280 Blockchains Could be at Risk of Zero-Day Exploits
1
SHARES
Share on TwitterShare on Reddit
  • Cybersecurity firms warn blockchain networks of possible hacks.
  • Dogecoin and Litecoin are quick to clean up patches in the system.
  • Halborn warns of possible Reserve Procedure Call hacks.

Cybersecurity firm Halborn in a blog post warned of vulnerabilities that it dubbed “Rab13s”. Halborn also said they had already worked towards fixing the vulnerability with other blockchains like Dogecoin, Litecoin, and Zcash.

Halborn announced that at least 280 blockchain networks are at risk of exploitation that could drag the crypto space down a black hole and put at least $25 billion worth of cryptocurrency in danger. 

The cybersecurity firm said they had been hired around this time last year to conduct a security analysis of Dogecoin’s codebase and found problematic and exploitable vulnerabilities that could have endangered the blockchain space. 

Halborn also figured out while reviewing Dogecoin’s codebase that the vulnerabilities it found in it also affected 280 other networks in the blockchain space, which could lead to the loss of billions of dollars worth of cryptocurrencies.

The security firm outlined three vulnerabilities that they deemed the most critical and had high possibilities for hackers to send malicious messages to individual nodes that could lead to a total system shutdown. 

Halborn also added that over time, the malicious messages could expose the blockchains to a 51% attack where a hacker could have access to controlling the majority of the network’s mining hash rate or their staked tokens to enable them to create a new version of the blockchain or to take it offline.

Halborn also found other zero-day vulnerabilities that would enable potential attackers to crash blockchain nodes by sending out Remote Procedure Call (RPC) requests. This protocol would allow a program to communicate and request a service from another protocol.

However, they added that the likelihood of Reserve Procedure Call hacks is as low as it would require valid credentials to proceed with the attack. In addition, the difference in codebase between the networks would make it difficult for all vulnerabilities to be exploitable on all the networks. Still, it would work for at least one exposure on each network. 

Halborn said that it would refrain from releasing any more information on the technical details of the possible attacks due to the seriousness of the problem and also added that it had contacted all the affected networks to inform them about the potential danger and also helped in providing a solution on how to patch up the vulnerabilities.

Dogecoin, Zcash, and Litecoin have already fixed their vulnerabilities, but with the number of networks that the cybersecurity firm mentioned, hundreds are still exposed to the exposure of exploits.

Conclusion

Blockchain networks are not the only ones that have been at the mercy of vulnerabilities in their system. Just recently, OpenSea had to quickly patch up a vulnerability in its system after a cybersecurity expert pointed it out and the danger surrounding it. 

OpenSea was quick to respond to the alert and fixed up the patch. If the affected networks do the same, it would be suitable for all involved. 

Tags: BlockchainBlockchain SecuritycryptoDogecoinLitecoin
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

Dogecoin Slides, But Hope for a Bounce Lingers
Crypto

Dogecoin Slides, But Hope for a Bounce Lingers

May 31, 2025
XRP’s Climb to $10? George Tung Thinks It’s Conservative
Crypto

XRP’s Climb to $10? George Tung Thinks It’s Conservative

May 31, 2025
Pump.fun Moves Big Again—Solana Feeling the Heat?
Crypto

Pump.fun Moves Big Again—Solana Feeling the Heat?

May 31, 2025
ETH’s Stuck Below $2.8K—What’s Next?
Crypto

ETH’s Stuck Below $2.8K—What’s Next?

May 31, 2025
Bitcoin’s Bull Run Still On – But Not For Long
Bitcoin

Bitcoin’s Bull Run Still On – But Not For Long

May 31, 2025
SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?
Crypto

SharpLink Gaming Unveils $1 Billion Plan for Ethereum Treasury: Are You Still Early?

May 31, 2025
Load More

Related News

Dogecoin Slides, But Hope for a Bounce Lingers

Dogecoin Slides, But Hope for a Bounce Lingers

May 31, 2025
XRP’s Climb to $10? George Tung Thinks It’s Conservative

XRP’s Climb to $10? George Tung Thinks It’s Conservative

May 31, 2025
Pump.fun Moves Big Again—Solana Feeling the Heat?

Pump.fun Moves Big Again—Solana Feeling the Heat?

May 31, 2025
ETH’s Stuck Below $2.8K—What’s Next?

ETH’s Stuck Below $2.8K—What’s Next?

May 31, 2025
Bitcoin’s Bull Run Still On – But Not For Long

Bitcoin’s Bull Run Still On – But Not For Long

May 31, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.