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Critical Vulnerability in Aptos MoveVM Disclovered by Singapore Web3 Security Company

Recently, Singapore-based Web3 Security company Numen Cyber Technology disclosed a critical vulnerability on the much-anticipated public blockchain – Aptos.

Through Numen’s Web3 security vulnerability detection product, a critical security vulnerability in Aptos MoveVM was discovered. Attackers are able to execute specific codes in the Aptos MoveVM, causing a crash in the Aptos blockchain nodes. Numen have also stated that this vulnerability made Aptos susceptible to Denial of Service (DoS) attacks. Aptos Labs has confirmed the existence of this vulnerability and Numen Cyber Labs has assisted their team in rectifying it.

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Public blockchain is the infrastructure that supports cryptocurrency transactions. Investors need to pay close attention to the security risks when investing in cryptocurrency. Numen Cyber Labs has conducted a technical analysis with solutions for this critical vulnerability found within the Aptos MoveVM

Aptos is a Layer one blockchain. The project aims to deliver the safest and most production-ready blockchain in the world. Aptos was a start-up that rose from the scraps of META(Facebook)’s failed Web3 ambitions. After “Diem” was sold by META, several core members left to form a team and utilised Diem’s open-source code to develop the Aptos public blockchain.

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Aptos managed to raise $200M via a strategic investment led by a16z, participating investors include Tiger Global, Katie Haun, PayPal Ventures, Multicoin Capital, Three Arrows Capital, FTX Ventures and Coinbase Ventures.

Numen Cyber Technology is a cybersecurity solution provider based in Singapore. They dedicate themselves in cyberthreat detection & response for Web3 business.

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[To share your insights with us, please write to sghosh@martechseries.com]

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