Libra: a bug in the code released by Facebook has been fixed
Crypto

Libra: a bug in the code released by Facebook has been fixed

By Alfredo de Candia - 11 Sep 2019

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The team of the OpenZeppelin startup discovered and fixed a bug in the code of Libra, the stablecoin of Facebook.

The bug concerned the MOVE programming language and could have been used to manipulate the platform’s smart contracts, as explained by OpenZeppelin’s CEO, Demian Brener:

 “The vulnerability in the Move IR compiler allows malicious actors to introduce executable code to their smart contracts disguised as inline comments,”

This bug was discovered and revealed to Libra on August 6th and, after several checks made by the platform, was fixed with the last update.

The Libra code was released in August and the team offered a reward of up to $10,000 for those who discover bugs.

Yesterday Libra announced that the digital currency will also be backed by the Singapore dollar: the whitepaper mentions the fact that the stablecoin will be pegged to a basket of different currencies including the American dollar, the euro, the Japanese yen and the pound.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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