The offline computation protocol Truebit’s $26 million exploit is the result of an attacker’ patented contract flaw that allowed for minting tokens at near-zero cost, which highlights persistent security risks even in long-running blockchain projects. Truebit was hacked for $26 million and the truebit (TRU) token crashed 99%, Cointelegraph reported Friday. A loophole in the protocol’s smart contract logic allowed …
Read More »Truebit exploit exposes smart contract flaw behind $26M token mint
