Casper Swiftly Resolves Testnet Attack Vector, Maintains Stable Mainnet

IconCryptoNewsTerminal Staff09 Aug, 2024

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Casper Swiftly Resolves Testnet Attack Vector, Maintains Stable Mainnet

Casper, a notable blockchain platform, has successfully resolved a potential attack vector on its testnet, ensuring the security and stability of its ecosystem. According to an official announcement on its homepage, Casper promptly addressed the issue on the 7th (local time) upon detecting an unusual surge in transaction volume on the testnet. Investigations revealed that these transactions were primarily based on the add_bid routine of the Auction Contract. As a precautionary measure, Casper swiftly increased the add_bid fee to 3,500 CSPR and adjusted the minimum bid price to 10,000 CSPR. These changes effectively mitigated the potential security risk. It is crucial to emphasize that no fund loss occurred during this incident, and the mainnet remained unaffected. Casper's commitment to security and prompt response demonstrate its dedication to maintaining a robust and reliable blockchain infrastructure.