Cosmos co-founder says a major security vulnerability has been uncovered on IBC By Cointelegraph

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Cosmos co-founder says a major security vulnerability has been uncovered on IBC

On Oct. 13, Ethan Buchman, co-founder of interblockchain communication (IBC) ecosystem Cosmos, said that a “critical security vulnerability” had been discovered that “impacts all IBC-enabled Cosmos chains, for all versions of IBC.” Buchman assured that steps have already been taken to ensure that all major public IBC-enabled chains have been patched, stating:

A public version of the patch will be released in the Cosmos SDK (software development kit) v0.45.9 and v0.46.3 tomorrow at 14:00 UTC. Buchman recommends that all chains and validators apply it immediately upon release and that chain-halting is not required for it to take effect.