❗️Breaking! Security firm finds critical bugs in EOS code. Mainnet launch may be postponed
📢Chinese Internet security company 360 has found "a series of epic vulnerabilities" in the EOS platform that could lead to a full control of digital currency transactions. The weaknesses in the software may lead to cyber attacks, causing data and privacy leaks, and even the theft money. Due to the decentralized computing characteristics of blockchain networks, a security vulnerability in the implementation of a blockchain node may allow for a widespread attack.
💬According to 360, “the person in charge of the EOS network said that the EOS network will not be officially launched until these issues are fixed”. But it is still not clear whether the problems will be resolved before the planned June 2 mainnet release date or the launch will be postponed.
📈The rate of EOS has reacted to the news with decreasing by than 7%.