EOS GO: Blockchain Launch Countdown Ready to Go For June 10 1PM UTC

Bad news for EOS lovers and enthusiasts. According to an important Twitter account known as cnLedger, the Chinese internet security giant 360 has found ‘a series of epic vulnerabilities’ in the EOS platform.

The information has been released by the company on the Chinese famous social network, Weibo. Some of the bugs that have been found would allow arbitrary code to be executed remotely on EOS nodes and they could be able to take full control of the nodes.

These are very important news because EOS has been called ‘Ethereum’s Killer,’ which is quite impressive. But at the same time, EOS will be launching its so awaited mainnet in just four days.

As reported by the post uploaded to Weibo, the bugs have been reported to the EOS team on time. And what it is important to mark is that EOS may not launch its official mainnet if these bugs are not solved.

“The person in charge of the EOS network said that the EOS network will not be officially launched until these issues are fixed,” says the statement released by 360.

The Chinese company says that attackers are able to deploy smart contracts with malicious code to EOS super node. Then, it will execute the contract, which will trigger a security bug. Once the contract is included in a block the harming power is even more because it can affect backup nodes, exchanges, wallet nodes, and more.

One of the points that 360 recommends to the crypto community is to pay more attention to the security of the different projects available in the market. The internet security giant recommends to be more careful and analyse the security of other projects in a deeper way.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $137.05B $7,737.4941 -3.14% $7.31B
ETH $26.04B $245.2958 -4.50% $2.79B
XRP $16.41B $0.3894 -4.95% $855.92M
BCH $7.11B $399.3917 -4.43% $834.65M
EOS $5.66B $6.1998 -1.91% $781.59M
LTC $5.53B $89.3638 -6.13% $759.63M
BNB $4.02B $28.4928 -2.34% $259.89M
USDT $2.87B $1.0016 -0.01% $7.01B
XLM $2.55B $0.1321 -7.00% $63.31M
ADA $2.19B $0.0845 -1.57% $103.47M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here