Friday Friday Friday! Thank Heavens its Friday!!!!!!
So today just royally sucked! I am stressed beyond belief, and i could use a vacation. Time to jetset guys! Where should i travel? Milan/Ibiza/Malta?New Jersey?The 7-11 down the street?
or
So on a more serious note, NEO just a dropped bombshell on us today in that a security firm "Red4Sec" just found an exploit in some NEP-5 Smart Contracts.
NEO Global Development (NGD), together with Red4Sec, state the following "The vulnerability exists within the smart contract code of some dApps. The NEO blockchain is not affected by the vulnerability."
Only certain tokens we're impacted by this exploit, trinity has already confirmed it will not impact them. But NEO has yet to release all impacted products, so we will just have to wait for more information to come out.
Rest assured, your funds should be safe, but the contracts themselves can be impacted. The full conclusion can be found here:
https://neo.org/blog/details/3080
So should we be worried about things in the NEO Sphere? The answer is NO! That's why NEO works with security firms like Red4Sec to do these audits and check for issues, better they find this then hackers!
NEO is a legit product and I like seeing this news, working in IT , i truly appreciate this kind of work. So kudos Da Hongfei - KUDOS!
Matty drops the #MIC
Shit I didn’t hear about this!
We shouldn't have much impact. Just glad this didn't cause fud