A simple one-digit typo within the source code of a cryptocurrency called Zcoin has allowed a hacker to make a profit of over $400,000 worth of cryptocurrency. In a blog post, published on 17 February (Friday), Zcoin’s community manager Reuben Yap said: “A typographical error on a single additional character in code allowed an attacker to create Zerocoin spend transactions without a corresponding mint.” The exploit has been blamed solely on the coding error and the firm has stressed there is no weakness in the cryptography of its virtual money. Essentially, it gave the attacker the ability to siphon Zcoins multiple times out of single transactions for “several weeks.”
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ORIGINAL SOURCE: International Business Times
