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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Drink-to-earn? A new sparkling water comes with an NFT and points

    Cobie says UpOnly will return if someone buys this $20M NFT

    Cobie says UpOnly will return if someone buys this $20M NFT

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    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Donald Trump Denies Claims of Profiting From TRUMP Token

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    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

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    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

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    NFT sales jump 22% to $107m, Pudgy Penguins recover

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    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

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    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

  • Gaming
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    How the Maldives Is Building a $9 Billion Blockchain Hub to Transform Its Economy

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    How to Build a Web3 dApp: Step-by-Step Guide

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    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

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    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

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    The Ultimate Guide to Xociety: What You Must Know Before You Play

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    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

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    The Walking Dead NFT Game to End After 3 Years—What Players Should Know

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    ETH Daddy Discusses Ethereum and AI

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What Is a Stablecoin? Meaning, Definition, Types & More

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    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    Drink-to-earn? A new sparkling water comes with an NFT and points

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    Cobie says UpOnly will return if someone buys this $20M NFT

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    Edge Matrix, CoLabs Partner to Fortify NFT Creators

    Donald Trump Denies Claims of Profiting From TRUMP Token

    Donald Trump Denies Claims of Profiting From TRUMP Token

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    Argentine Football Association Partners With STEPN to Launch Digital Sneakers

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    Pudgy Penguins #6873 Leads With Top NFT Sale Worth $360.2k

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    NFT sales jump 22% to $107m, Pudgy Penguins recover

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    Guild of Guardians Leads NFT Collections with $1.35M in Daily Volume As NFT Market Climbs

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    Apple Eases NFT, Crypto Rules for iOS Apps Following Antitrust Ruling

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    How the Maldives Is Building a $9 Billion Blockchain Hub to Transform Its Economy

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    How to Build a Web3 dApp: Step-by-Step Guide

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    Soneium partners with Square Enix’s SYMBIOGENESIS to provide cross-game NFT rewards

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    Doodles’ $DOOD Token Launches on Solana: Tokenomics, Airdrop, and Vision Explained

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    The Ultimate Guide to Xociety: What You Must Know Before You Play

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    Versus Joins ION and Online+ to Elevate Web3 Gaming and Social Integration

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    Gaming Tokens Surge as Take-Two Rallies on Viral GTA 6 Countdown Post

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  • Blockchain
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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

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    Get a $50 Welcome Bonus when You Join Changelly’s Mobile App – Only This March!

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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Chainlink VRF vulnerability thwarted by white hat hackers with $300K reward

November 15, 2023
in Web 3
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Chainlink VRF vulnerability thwarted by white hat hackers with $300K reward
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Enhancing Security in Online Gambling with Blockchain Technology

Decentralized oracle network Chainlink (LINK) paid a $300,000 bounty to white hat hackers Zach Obront and Or Cyngiser (Trust), who uncovered a critical bug that could have skewed its Verifiable Random Function (VRF).

The bug

VRF is a random number generator (RNG) that allows smart contracts to access random values without compromising security.

The product is used by several crypto projects, including Axie Infinity, PancakeSwap, and Aavegotchi, to protect their smart contract with tamper-proof randomness that cannot be manipulated and ensure verifiable outcomes using cryptographic proofs.

Last year, Trust and Obront submitted a report on how a malicious VRF subscription owner could have prevented users from getting this neutral randomness roll by blocking and rerolling randomness until they received a desired value.

According to the Chainlink team, this bug was categorized as a critical-impact smart contract vulnerability, adding that:

“While it could compromise Chainlink VRF’s intended use of providing transparently verifiable tamper-resistant onchain randomness, the exploitable scenario required a number of specific conditions to be met and would be detectable onchain. Most notably, the subscription owner—a role typically controlled by the team behind the dApp using VRF—must be malicious or compromised.”

Following the incident, Chainlink implemented a security feature to prevent malicious VRF owners from exploiting the issue.

Chainlink enjoying institutional interest

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) technology has seen an increase in adoption from adoption from major traditional institutions.

The global financial messaging network Swift used the technology in a tokenization experiment that involved the transfer of tokens across multiple blockchains in August. South Korean gaming giant also used it to power an interoperable Web3 gaming ecosystem in October.

See also  Solana protocol Drift announces points reward program ahead of token launch

Also, Hong Kong authorities adopted it for value exchange in its Central Bank Digital Currency (CBDC) trials.

As a result, Chainlink’s native LINK token and Grayscale’s Chainlink Trust (GLNK), an institutional investment vehicle, have seen their value surge to new highs.

Tags: 300KChainlinkHackershatrewardthwartedVRFvulnerabilitywhite

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