Virtuals Protocol (VIRTUAL) a top performer this week, navigating the artificial intelligence (AI) crypto boom, is now crashing. The sudden bearish reversal happens as a blockchain security researcher exposed a reported security vulnerability that the Virtuals team ignored.
Namely, jinu (@lj1nu) went to X between January 2 and 3 to publicly report a security vulnerability he found while “quickly looking” at the Virtuals Protocol code. The public report, however, was only necessary after jinu’s private reporting being ignored by the team in their Discord server.
“They [Virtuals] seem to have been audited, but when I contacted them, the team replied that they were not running a bug bounty. And they closed the discord channel I created to report the vulnerability.”
This is not ideal nor the open-source software standard way to deal with a reported threat, raising alerts and concerns. “I’m surprised that a project as big and hot as @virtuals_io doesn’t care abo
We współpracy z: https://finbold.com/this-ai-crypto-is-crashing-after-ignoring-a-reported-security-vulnerability/
