News Scrap

Bitcoin developers have identified a critical vulnerability, CVE-2024-35202, affecting over 13% of Bitcoin nodes running Core software versions before v25.0. They urge users to update their systems immediately to prevent potential attacks.

Recently, Bitcoin developers disclosed a high-severity vulnerability impacting a significant portion of Bitcoin nodes globally.

According to Protos, the bug—CVE-2024-35202—could affect nearly 13% of the home and business computers that enforce Bitcoin’s operational rules. This flaw may enable bad actors to remotely shut down Bitcoin nodes running Core versions older than v25.0.

The issue stems from how Bitcoin Core handles block transaction (blocktxn) messages. An attacker could exploit a flaw in the software’s logic, causing vulnerable nodes to crash and potentially disrupting network operations.Nodes that haven’t updated to v25.0 remain at risk, highlighting the importance of upgrading to safeguard against the vulnerability.

The vulnerability was discovered by Niklas Gögge, who also provided the patch implemented in Bitcoin Core v25.0.

This disclosure raises concerns about Bitcoin’s infrastructure, with a considerable number of nodes still vulnerable to attacks.

However, the swift action of developers to address the issue and notify the community marks a positive step toward securing the network.Bitcoin node operators are advised to check their versions and upgrade to the latest release to prevent exploitation.

Bitcoin Price Action

Bitcoin (BTC) is currently trading at $62,720, a 0.42% increase over the past 24 hours.

According to Bitcoin analysts, Bitcoin (BTC) is currently showing signs of strength as it approaches the end of the week, indicating a positive shift in sentiment compared to earlier predictions of a downturn. Titan of Crypto noted that the pessimistic forecasts regarding Bitcoin’s price have not materialised; instead, BTC is poised for a breakout.