Casper Network security incident report: The estimated total amount of illegal transactions is approximately $6.7 million, and 13 wallets were affected.
PANews reported on July 31 that Casper Network has released a preliminary report on the security incident that occurred on July 26, in which 13 accounts were found to have security vulnerabilities, with an estimated total of $6.7 million in unauthorized transactions. The unauthorized access was due to a vulnerability that allowed attackers to gain higher access privileges to resources through a privilege escalation vulnerability. It is worth noting that this is unrelated to the platform's architecture or consensus mechanism. The Casper Association has taken immediate action to mitigate further risks.
Casper Network stated that the Casper Association is working directly with the affected parties, and expects to recover a significant amount of funds, and will implement further compensation procedures to address any potential gaps. As the authorities' investigation is not yet complete, no further comments can be made at this time. More information will be shared when available. The validators will hold a meeting on Wednesday, July 31, 2024, at 14:00 UTC. Upgraded details will be provided during that meeting. Once the validators accept the upgrade, they will immediately resume consensus and block minting.