The largest cryptocurrency by market value was recently trading at about $22,700, down more than 4% over the past 24 hours and well off its high Sunday near $24,000. Bitcoin-related fundsclosed lower as traders awaited the Federal Reserve’s decision on interest rates Wednesday and studied a flurry of fourth-quarter earnings reports from big techs including Apple and Meta. The tech-heavy Nasdaq Composite closed down 1.9%, while the S&P 500 and the Dow Jones Industrial Average fell 1.3% and 0.
“A trusted-party vulnerability is an undisclosed capability of a trusted party that can compromise the function of the system,” Prestwich explained in a tweet outlining his findings. According to Prestwich, LayerZero has the ability to unilaterally steal or move around funds locked up with platforms that use its bridging services with default settings.
Source: Digital Coin News (digitalcoinnews.net)
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