A $6M Base vault exploit has exposed a disclosure gap, Immunefi says, as unidentified operators remain silent with $31.7M still held in the vault.
- A $6 million exploit on a Base vault has highlighted a significant gap in vulnerability disclosure, with Immunefi emphasizing the lack of clear channels for whitehat researchers.
- The exploit occurred due to a malicious contract being added to the vault's whitelist, allowing unauthorized withdrawals without collateral, a vulnerability that could have been caught by a bug bounty program.
- The unidentified operators of the vault have remained silent, raising concerns and complicating efforts for security researchers to address the issue and potentially recover funds.
Topics: Legal regulatory, Infrastructure providers, Risk default, Licensing issuer obligations, Tokenization platforms, Smart contract vulnerabilities
Tags: #basevault #immunefi #exploit #vulnerabilitydisclosure #bugbounty #smartcontract #whitelistvulnerability #unidentifiedoperators #whitehatresearcher #securitygap
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