[ccpw id="5"]


HomeCryptocurrency MiningSecurity Firm Debaub Detects Vulnerability in Uniswap's Smart Contracts

Security Firm Debaub Detects Vulnerability in Uniswap’s Smart Contracts


Security firm Debaub has identified a critical vulnerability in Uniswap’s smart contract.

The company received a $40,000 “bug bounty” award from Uniswap after detecting the vulnerability.

Debaub Detected Vulnerability

The vulnerability found by the firm was found in the UniversalRouter contract, a new technology that allows Uniswap users to swap multiple tokens for NFTs in a single transaction.

In a statement on Twitter, Debaub said the vulnerability may have allowed someone to apply third-party code during a transfer and steal funds.

Yannis Smaragdakis, founder of the company, said:

“Obviously UniversalRouter should not hold any balance during transactions. Otherwise, anyone can seize these funds.”

The UniversalRouter contract can execute several operation commands in succession, which allows to improve the user experience. Debaub revealed that the contract does not have something known as a re-entry lock, which prevents hackers from issuing additional commands during the transfer that could allow them to steal funds.

The company said that when they first found the vulnerability, they received $40,000 worth of USDC, which was approved by the Uniswap team.


Please enter your comment!
Please enter your name here


Silicon Valley Bank (SVB) Statement from ChatGPT CEO!

Sam Altman, CEO of Open AI, the firm behind text-based artificial intelligence (AI) platform ChatGPT, made some striking comments for SVB.

What’s Happening in Ripple (XRP)? It Dropped 15 Percent in a Short Time!

Developments in the Ripple (XRP)-SEC case seriously priced XRP, the 15 percent drop in the last days scared the XRP investor.

Record Level Crypto ATM Goes Offline In March

Last month, 3627 crypto ATMs went offline, marking the biggest monthly ATM drop.

El Salvador Eliminates AI Taxes

El Salvador's President Nayib Bukele presented the law to Congress to abolish taxes on artificial intelligence, technology and software.

Follow us


Most Popular