Greetings, Hackingblogs readers. This article is significant since a newly discovered vulnerability made it possible for 69% of the Bitcoin, Dogecoin, and Proton wallet networks to crash. We will be discussing this issue in detail. So let us get right to the point without wasting any more time.
Let’s Talk About Bitcoin Crasher : DogeReaper
The “Department Of DOGE Efficiency” disclosed the “DogeReaper” vulnerability on December 4. Regulators in Australia fined Kraken’s Australian operator $5.1 million for regulatory violations and suggested tighter AML/CTF regulations to improve the control of cryptocurrency activity.
According to the researcher, DogeReaper is a critical vulnerability on Dogecoin that gives anyone the ability to remotely crash any Dogecoin node. To put it simply, this flaw is called “DogeReaper” and it has the potential to bring down the entire Dogecoin network.
The exploit enables hackers to remotely trigger segmentation faults in Dogecoin nodes, thereby taking them offline. The attack mainly targeted older nodes running outdated versions of the software, leaving a significant portion of the network vulnerable.
About The Incident
69% of its nodes crashed as a result of this severe vulnerability. Co-founder of the Bitcoin sidechain Sequentia, Andreas Kohl, took credit for the hack and said he carried it out in El Salvador using an old laptop. Blockchair statistics showed that Dogecoin had 647 active nodes prior to the incident. The number of active nodes fell to 205 following the exploit.
Our monitoring made us aware that the vulnerability appears to have been exploited, and almost 69% of the Dogecoin network has crashed Blockchair shows how the number of public nodes. Before, it was 647, and at the time of writing it is just 205.
According to Kohl, researcher Tobias Ruck found a weakness that led to the attack. The exploit, known as “DogeReaper,” was made public on December 4 by the X account “Department Of DOGE Efficiency.” According to the account, the vulnerability is a potent weapon that can remotely crash any Dogecoin node.
They compared it to the fictional “Death Note” from Japanese manga, where writing a name in the notebook causes a person to die of a heart attack. Similarly, the DogeReaper exploit allowed an attacker to target a node’s address, causing it to crash due to a segmentation fault.
When a programme tries to access memory that is not authorised, it causes a segmentation fault, which causes the operating system to end the programme for security concerns. The hack presents a serious risk to the network because Dogecoin nodes are easily recognisable by the general public.
According to the account, a malevolent player might have been able to stop the Dogecoin network as a whole for days, which would have prevented transactions and production.
