Jump Crypto finds double voting vulnerability in Celers SGN

1. Cybersecurity flaw in Celer Network's crypto token SGN: Jump Crypto has reported a cybersecurity flaw found in Celer Network's crypto token SGN. The vulnerability allowed double voting,where users could vote twice using the same token. The flaw pertained to the election of validators who maintain the network's consensus algorithm. The vulnerability posed a threat to the network's integrity and could have resulted in loss of user funds.

2. Celer Network's response to the vulnerability: Celer Network has acknowledged the vulnerability and issued a statement that they were "able to address the issue prior to exploitation." They also thanked Jump Crypto for discovering the vulnerability and informed token holders that their funds were "always safe and sound." Celer further assured its customers that they would continuously work on discovering and fixing issues to ensure the safety of their platform.

3. The significance of the vulnerability: The double voting vulnerability in Celer Network's crypto token SGN brings to light the importance of constantly monitoring and improving cybersecurity measures in the blockchain space. This is especially important given the growing adoption of cryptocurrencies and blockchain technology. Incidents such as these serve as reminders to both developers and users of the need to remain vigilant and ensure that all risks are kept to a minimum.



source https://titdoi.com/news/Jump-Crypto-finds-double-voting-vulnerability-in-Celers-SGN