Eclipse Fi: $ASTRO Vulnerability Caused by Outdated Terra Version

Bittime - Eclipse Fi, a known DeFi project, has just issued an important statement regarding security issues affecting the $ASTRO token. Recent reports reveal that the vulnerability is caused by the use of an outdated version of Terra as well as the addition of third-party IBC components, namely IBC-hooks.

Factors Caused Vulnerability in $ASTRO

According to Eclipse Fi's explanation, two main problems caused the vulnerability in $ASTRO. First, the version of Terra used is outdated and does not have the latest updates that are important for security. Second, the use of IBC-hooks from third parties which may have security gaps or incompatibility with existing systems. The combination of these two elements has created a gap that can be exploited.

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$ECLIP Security Guaranteed

Eclipse Fi confirmed that the $ECLIP token, which is an integral part of their project, is not affected by this vulnerability. They provide assurance to users that the security of $ECLIP is maintained and does not experience the same problems as $ASTRO. Users can rest assured that their investment in $ECLIP is not threatened by this incident.

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The Importance of Security and Vigilance

In this release, Eclipse Fi also reminded all users to remain careful and ensure the security of their assets. The project recommends that users check and update the software and components used, especially if they involve third-party components in the DeFi ecosystem. The security of digital assets is critical, and following best practices to protect investments is crucial.

Repair Steps of Eclipse Fi

Eclipse Fi is undertaking various improvements to address this issue and prevent similar problems in the future. Their development team focuses on updating the Terra version in use as well as evaluating and fixing security regarding IBC-hooks. They are also committed to transparency and will continue to provide updates to the community regarding the progress of improvements being made.

Conclusion

The vulnerability that occurred in the $ASTRO token was caused by the use of an outdated version of Terra and the addition of third-party IBC-hooks. However, Eclipse Fi ensures that the $ECLIP token is not affected by this issue. Users are urged to remain vigilant and pay attention to the security of their assets, while the Eclipse Fi team works hard to fix issues and maintain the integrity of their ecosystem.

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