Cyber Risks · Trail of Bits Blog

Rajeev Gopalakrishna

Summary: A denial-of-service vulnerability dubbed 'Gridlock' was publicly reported on July 1st in one of Edgeware's smart contracts deployed on Ethereum, and as much as $900 million worth of Ether may have been processed by that contract. Edgeware acknowledged and fixed the 'fatal bug,' and Trail of Bits ran its Slither static-analysis tool on the contract after hearing about it.

What you should know: A single DoS flaw in a contract that may have handled up to $900 million in Ether shows how much value can sit behind code that fails in ways its authors did not anticipate.

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