The issue was privately disclosed to the BNB team, enabling a patch to be developed and deployed within 24 hours.
Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the Binance BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. a detailed report about the vulnerability found two days earlier, which could"have led to a large loss of funds."
However, the Beacon Chain uses a BNB fork hosted on GitHub with several BNB-specific changes."It deviates from the Cosmos SDK upstream in several ways, motivating us to take extra care in reviewing the differences," notes Jump Crypto, which recently started a broad research effort dedicated to discovering and patching vulnerabilities across projects via coordinated disclosure.
"Bugs that allow infinite minting of native assets are some of the most critical vulnerabilities in web3. As such, this finding is proof that we all must stay vigilant and collaborate to elevate security assurances across all projects."
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