OKEX Halts ERC20 Deposits Following Discovery Of Critical Ethereum Smart Contract Bug
Cointelegraph
Published Apr 25, 2018 07:07AM ET
Updated Apr 25, 2018 08:32AM ET
OKEX Halts ERC20 Deposits Following Discovery Of Critical Ethereum Smart Contract Bug
Hong Kong-based OKEX, the third largest cryptocurrency exchange in the world by trade volume, suspended all ERC20 token deposits April 25 after the discovery of what developers say is a “new smart contract bug.”
In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate an extremely large amount of tokens, and deposit them into a normal address.”
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Written By: Cointelegraph
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