The developers of the Bisq decentralized exchange reported the discovery of a “critical vulnerability” that hackers have already exploited. Trading on the exchange was suspended.
According to a statement on the company’s blog, the hackers were able to exploit the vulnerability to access individual transactions of third-party users and steal funds. Currently, the amount of stolen assets is estimated at $ 245,000. The developers write:
“We know that attackers stole approximately 3 BTC and 4,000 XMR from seven users. The only market exposed to vulnerabilities is XMR / BTC, and all trades accessed by hackers were made in the last 12 days. ”
In a statement, Bisq emphasizes that the vulnerability is related to the way transactions are conducted, but not to smart contract keys and how funds are stored. Therefore, there is no large-scale threat to users.
In addition, the developers have already released a protocol update that fixes the vulnerability, but the orders will need to be recreated. Users who lost funds as a result of the attack will be compensated.
“Safety has always been a top priority for Bisq, but this incident showed that we can have mistakes. The project is considering several possible ways to enhance the security of smart contracts, ”the exchange said in a statement.
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