PRESS RELEASE
Published March 22, 2023
Litecoin (LTC) and Dogecoin (DOGE) are two of the most popular cryptocurrencies in the market, but both are currently dealing with a critical bug that could put their security at risk. Meanwhile, TMS Network’s (TMSN) presale has seen a 700% increase, indicating a high level of interest in the project.
This article will explore the details of the bug affecting Litecoin and Dogecoin and what steps are being taken to address it, as well as take a closer look at TMS Network and why it’s generating so much buzz among crypto enthusiasts.
Dogecoin (DOGE)
According to a recent post by Halborn, a blockchain security firm, a vulnerability discovered in the Dogecoin (DOGE)’s open-source codebase last year is still present in at least 280 other networks.
Several critical vulnerabilities were discovered in Dogecoin (DOGE) during an assessment in 2022 that could have been exploited by attackers to compromise the Dogecoin (DOGE) network. Fortunately, the Dogecoin (DOGE) developers promptly addressed and resolved the vulnerabilities.
Although some vulnerabilities were already known to exist on the Bitcoin network, Halborn also discovered a zero-day vulnerability that was exclusively related to Dogecoin (DOGE). This vulnerability in Dogecoin (DOGE) was linked to Remote Procedure Call (RPC) services, which could enable attackers to execute code from a remote location and affect individual miners.
Halborn made an attempt to responsibly disclose the identified vulnerabilities to Dogecoin (DOGE) and other affected networks. The simplicity of the p2p messaging mechanisms coupled with the severity of the Rab13s vulnerabilities may increase the possibility of attack on Dogecoin (DOGE). However, Halborn has decided not to provide additional technical or exploit details at this time due to the gravity of the vulnerabilities.
Litecoin (LTC)
Halborn’s further investigations discovered that similar vulnerabilities were present in several other networks, including Litecoin (LTC), which could potentially expose over $25 billion worth of Litecoin (LTC) tokens to security risks, the firm reported.
Halborn CO Rob Behnke stated that not all vulnerabilities are exploitable on all networks due to codebase differences, but at least one vulnerability may be exploitable on each network. Successful exploitation of the relevant vulnerability on vulnerable networks could result in denial of service or remote code execution.
The vulnerability found in Litecoin (LTC) by Halborn has been named “Rab13s.” The most critical vulnerability pertains to the way peer-to-peer (p2p) communications are conducted in Litecoin (LTC) and other affected networks.
An attacker can send malicious consensus messages to individual nodes of Litecoin (LTC), causing them to shut down, leaving the entire Litecoin (LTC) network vulnerable to severe issues and 51% attacks.
TMS Network (TMSN)
The TMS Network (TMSN) cryptocurrency token is causing a stir in the crypto industry with its record-breaking presale. TMS Network (TMSN) is a decentralized multi-purpose trading platform that offers traders valuable tools for trading various assets, including cryptocurrencies, stocks, Forex, and CFDs.
TMS Network (TMSN) has been carefully crafted with the needs of traders at the forefront, offering trading systems that are more streamlined and effective than the majority of decentralized platforms currently available.
Furthermore, every transaction made on the TMS Network (TMSN) is meticulously documented on publicly distributed ledgers, solidifying its position as one of the most openly transparent blockchain networks within the crypto sphere.
At its current stage of presale, TMS Network (TMSN)has already risen by 700% and is forecasted as the forthcoming pinnacle of decentralized platforms. Savvy investors are seizing the moment to invest in and retain TMS Network’s $TMSN tokens in their portfolios, in order to stay ahead of the curve in the rapidly-evolving landscape of decentralized technology.
Conclusion
Litecoin and Dogecoin are facing critical security bugs that could put their networks at risk, as reported by Halborn, a blockchain security firm. Meanwhile, TMS Network’s presale has seen a 700% increase, with investors taking an interest in the project. TMS Network is a multi-purpose decentralized trading platform offering efficient and transparent trading systems. The presale success suggests that it could be the future of decentralized platforms.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Press Release Distributed by The Express Wire
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