Crypto Exchanges Pause Services Over Contract Bugs

As many as a dozen or more ethereum-based ERC-20 smart contracts have been found to contain bugs that let attackers create as many tokens as they want. While the bugs - first identified on April 22 and April 24, respectively, in a pair of posts published on Medium - aren't tied to the ERC-20 standard itself, the issues prompted a number of exchanges to suspend ERC-20 tokens as they investigate. Those exchanges included OKEx, PoloniexChangellyQuoine and HitBTC.

 

Huobi.Pro separately announced on April 25 that it had suspended all coins, but has since limited that to ERC-20-based tokens. As of press time, Poloniex has moved to reinstate services for ERC-20 tokens.

 

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