HomeMiningEthereum PoW loses 200 WETH to Omni bridge vulnerability exploit

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A replay assault in opposition to  Omni bridge led to a hacker exploiting 200 WETH from the Ethereum PoW chain.

On Sept. 18, safety company BlockSec recognized a replay assault introduced in opposition to the Ethereum PoW chain.

The attacker transferred 200 WETH from the Ethereum PoS chain during the Omni bridge. The transaction used to be reportedly replicated at the Ethereum PoW chain.

Omni bridge didn’t validate the real chainID ahead of approving the transaction. Consequently, the PoW chain used to be tired of 200 WETH.

In keeping with safety company Certik, the attacker has transferred the finances thru Mexc International for conceivable money out.

EthereumPoW is Safu

From the TX hash of the exploit, the ETHPoS and ETHPoW had other transaction information.

ETHW Core builders clarified that the replay assault used to be unattainable in opposition to EthereumPoW because it enforced EIP-155.

By means of design, EIP-155 comprises the chainID of a transaction to steer clear of replays of the transaction on other chains.

ETHW Core added that the assault exploited a freelance vulnerability of the Omni bridge. The bridge has been knowledgeable to deal with the problem.

Gradual adoption for ETHW

Since launching on Sept. 15. Ethereum PoW has no longer amassed a lot adoption from the crypto neighborhood.

Main exchanges like FTX, OKX, and Bybit rallied round to look that spot buying and selling opened for the ETHW token on Sept. 16. Consequently, ETHW worth reached an all-time prime of $60.68.

On the other hand, with the overall marketplace decline and coffee pleasure post-merge, ETHW has fallen underneath $5, losing off over 90% of its all-time prime acquire as press time.

Grayscale funding hinted at plans to unload its 3.1 million ETHPoW airdrop tokens. The company stated it is going to promote the tokens and redistribute the proceeds to shareholders.





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