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Safemoon lost ~10% of their market cap from a hack where anyone could burn anyone else's tokens. Now, a data miner has discovered a 'bug' where any user could change the password of any other user and hence gain wallet access

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Safemoon lost ~10% of their market cap from a hack where anyone could burn anyone else's tokens. Now, a data miner has discovered a 'bug' where any user could change the password of any other user and hence gain wallet access

The show must go on, as they say. And Safemoon are putting on one hell of a show.

A quick background on the initial 10 Million hack is that there was a 'bug' in the contract that allowed any user to burn any other user's tokens. In the way, the hacker burned a bunch of tokens, which elevated the price and then swapped at the elevated price to gain a far above market output of tokens from the swap.

Ironically, the Safemoon team had a hidden backdoor where they kept the keys for tokens that were supposedly burned, and started recovering tokens that were supposed to be gone forever to restore the stolen liquidity.

Now, a data miner have discovered another bug in how Safemoon holders would login and access their wallets. I say login because for a reason I can only describe as somehow, the SM team decided to use usernames and password instead of much improved security, ideology and practicality that comes with seed phrases.

The 'bug' basically allows any users to determine their own security level, such that any user can set their security level to the maximum of level 10, and thus change the password of any other member, as well as use other security level 10 user privileges. More technically if you're in IT, the security level is determined from client-side data, which is a big no no . The data miner also supposedly published the password of a SM team member to prove it was true, which allegedly led to that team member leaving SM days later.

https://preview.redd.it/gn1x0ss5tvra1.png?680&format=png&auto=webp&s=719ce927d9094b59791e66227a65dfd6a581b8ef

https://twitter.com/MostStablecoin/status/1642448964271349760

submitted by /u/OneThatNoseOne
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