Friday, December 27

Sequentia Co-founder Admits to Hacking Dogecoin Validator Network

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By Philip Maina

1 day agoFri Dec 13 2024 12:14:11

Checking out Time: 2 minutes

  • The co-founder of Bitcoin sidechain Sequentia stated hacked Dogecoin validators
  • He supposedly maimed over half of the validator nodes on the network
  • Dogecoin had a vulnerability that permitted unapproved access to the nodes

Andreas Kohl, the co-founder of Bitcoin sidechain Sequentia, has actually exposed that he hacked and maimed validator nodes on the Dogecoin network. Kohl stated that he utilized an old computer system to penetrate the network through a vulnerability that Tobias Ruck had actually found. Kohl stated that he brought down 69% of the validators on the network, on-chain information reveals that the portion of jeopardized nodes has actually decreased to somewhat over 50% dropping from 647 nodes to 315 nodes before and after the hack, respectively.

CEXs and Major Custodians Not Affected

In an X post, Kohl stated that he hacked the network from a rural location in El Salvador, however included that the hack impacted “nodes that weren’t on the most recent variation […] which was most of the network.”

I utilized an openly divulged (by @TobiasRuck) vulnerability to remove 69% of the Dogecoin network from an old thinkpad in rural el salvador. AMA. https://t.co/BNkGDWkWhu pic.twitter.com/qk16AwMaq5

— Andreas Kohl (@aejkohl) December 12, 2024

According to the Sequentia co-founder, the event din’t impact the network’s token, DOGE, on central exchanges and other “significant custodians” discussing why most DOGE holders didn’t discover the interruption.

Recently, Department Of DOGE Efficiency, through its X account, re-disclosed an important vulnerability in Dogecoin. It called the weak point “DogeReaper” stating that it permits “anybody to crash any Dogecoin node from another location.”

Public Re-Disclosure of “DogeReaper”, a crucial vulnerability in Dogecoin

DogeReaper is a vital vulnerability on Dogecoin, permitting anybody to crash any Dogecoin node from another location. We are re-disclosing this vulnerability without links to make the X algo pleased. pic.twitter.com/cbl3rOG2PD

— Department Of DOGE Efficiency (@EfficiencyDOGE) December 6, 2024

Kohl Didn’t Disclose the Reason

The X account stated that a destructive entity might utilize the vulnerability to reduce the whole Dogecoin network, which would take days to bring it back up. Such an occurrence would stop deal verification and block production on the network.

Kohl didn’t, nevertheless, reveal why he picked to crash the nodes. Destructive stars have actually been jeopardizing different platforms to take crypto. In September, for instance, North Korean hackers made use of a Google Chrome vulnerability and took a concealed crypto quantity.

With Kohl effectively hacking Dogecoin’s validator network, it’s to be seen whether the task will spot the weak point or ask node operators to upgrade their nodes to the current variation.

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