Monday, December 23, 2024

Hacker Exploits Dogecoin (DOGE) Flaw, Inflicting 69% of Nodes To Crash

New information from blockchain explorer Blockchair reveals {that a} hacker took benefit of an exploit in Dogecoin’s (DOGE) blockchain, inflicting nearly all of its nodes to crash.

Earlier this week, a Dogecoin monitoring platform seen that the variety of DOGE nodes dipped from 647 to only 205, a lower of about 69%.

“Our monitoring made us conscious that the vulnerability seems to have been exploited, and nearly 69% of the Dogecoin community has crashed. Blockchair exhibits the variety of public nodes. Earlier than, it was 647, and on the time of writing it’s simply 205.”

Nonetheless, based on Blockchair, some DOGE nodes have since recovered as there are at present 331 lively nodes world wide at time of writing.

In a current thread on the social media platform X, Bitcoin (BTC) sidechain developer Andreas Kohl says that he was the one who took down many of the DOGE community utilizing an outdated laptop computer.

“I used a publicly disclosed vulnerability [by BTC developer Tobias Ruck] to take down 69% of the Dogecoin community from an outdated thinkpad in rural El Salvador.”

In accordance with Kohl, most DOGE customers didn’t even discover.

“Solely nodes that weren’t on the newest model have been affected – which was nearly all of the community, excluding CEXs (centralized exchanges) and most different main custodians – therefore why most doge customers by no means seen, not that many perceive self-custody.”

Information of the exploit had little influence on the worth of DOGE because the meme asset is buying and selling for $0.413 at time of writing, a 4.7% lower over the past 24 hours.

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