TechFlow News — According to official updates, the Cobo Blockchain Security Team has publicly disclosed the discovery process and technical analysis of a potential coin-theft vulnerability in 0xDAO: On March 2, just hours before the planned launch of 0xDAO v2, Cobo's blockchain security team initiated a routine pre-investment DaaS security assessment for the project. Shortly afterward, they quickly identified a critical security vulnerability in the project's open-source code on GitHub. The team assessed that if 0xDAO v2 had proceeded with its launch at that time, the vulnerability could have led to asset losses amounting to hundreds of millions of dollars. Cobo immediately activated its emergency response protocol, rapidly contacted the 0xDAO team through multiple channels, submitted the complete attack scenario of the vulnerability, and urgently halted the project’s launch. Subsequently, Cobo assisted the 0xDAO team in patching the vulnerability. Recently, the 0xDAO official account posted on X (formerly Twitter) to express gratitude toward the Cobo Blockchain Security Team and confirmed that a bug bounty reward will be issued to Cobo according to the severity level of the vulnerability.
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