Exclusive: Bancor Refutes Reports of Security Flaws in New Wallet

[kreslik.news]

A service which checks for security flaws in smart contracts on the Ethereum blockchain is now revising its own procedures after falsely detecting vulnerabilities in a new cryptocurrency wallet.

Quantstamp is the security auditor in question. On the 1st of April it flagged some security vulnerabilities in a new wallet launched by Bancor, a Switzerland-based decentralised cryptocurrency exchange.

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Quantstamp offers security checks of smart contracts for a fee of 25 QSP (the Quantstamp native token). It appears that a user paid ... (read more)