Crypto PIVX Denies Vulnerability Allegations, Says Users’ Funds Are Safe
Max Boddy's original article for cointelegraph.com reduced by 52%
Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims its blockchain was vulnerable to a bug. In a reply published on Aug. 13, PIVX developers addressed claims made by Lunar Digital Assets CEO Han Yoon.
According to the post, PIVX fixed its "Fake stake" exploit in February, and its network stability and chain trust are not currently compromised. The post did note that there is something odd going on with the PIVX network with respect to low stake values. As previously reported by Cointelegraph, Han Yoon suggested on Aug.
12 that a staking vulnerability was exploited on PIVX and its forks. Yoon also claimed that PIVX was aware of the exploit but was covering up the issue. "I can not conclusively say with evidence that PIVX developers have been using their knowledge of the bug for their own benefits - let alone use it to exploit other chains.
The 'fake stake' exploit clearly has not been fixed for PIVX, so the question is, was it ever fixed? Or have the attackers developed a new method in carrying out similar attacks such as this one?".
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