Researchers confirm tokens on Binance weren’t affected by ERC20 bug

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Researchers confirm tokens on Binance weren’t affected by ERC20 bug
By Neer Varshney


Last week, a number of cryptocurrency exchange desks temporarily suspended trading after blockchain security company PeckShield discovered two critical vulnerabilities in multiple ERC20 tokens. Binance, the world’s largest cryptocurrency exchange, has however ensured that none of the ERC20 tokens listed on its platform suffer from these vulnerabilities. The exchange had delegated the task to QuantStamp, a smart contract security audit firm, which confirmed that none of the tokens on its platform featured these bugs. The two bugs, batchOverflow and proxyOverflow, are resulting in integer overflow, a common computing issue which occurs when trying to place an integer into a space…

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April 30, 2018 at 10:50PM
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