Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK

Share This Post

The smart contract auditor found that operator verification could have let operators into the system without a verified ID or even being a company.

The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of its World ID ecosystem by submitting scans of their irises through a device Worldcoin calls an Orb. 

According to security platform CertiK, the vulnerability in the vetting process for operators could have allowed an attacker to bypass the verification process and operate an Orb without being interviewed or having a proper ID. “It would not need to be a company,” according to the post.

CertiK reported the vulnerability to the Worldcoin (WLD) security team as a “standard whitehat disclosure,” and it has been fixed, it said. The discovery of the vulnerability could add fuel to the worldwide controversy surrounding the project’s privacy and data use.

Related: Users said CertiK’s warning was a false alarm — then the project rugged

Critics have already suggested that the project, launched by OpenAI founder Sam Altman and intended to support its World App wallet by filtering out bots, is ethically questionable and contains the makings of a “dystopian nightmare.” The project is not open-source. Regulators have been skeptical as well.

The project depends on mass adoption for its success. Millions of people around the world have eagerly lined up for the opportunity to sell their retinal data for around $50. Observers have speculated that the project has not gained the support it was hoping for, but its momentum has not diminished.

The project claimed to be attracting 400,000 new users per week in mid-July, and that number has increased to over 545,000 at the time of writing, according to the project’s website, for a total of over 2,188,000. It recorded a daily average of over 193,000 wallet transactions over the past seven days.

The website also stated that 366 orbs have been active in the last week, and 2,000 of them have been manufactured.

Magazine: When privacy is a privilege: Ontology’s Jun Li on blockchain-based digital ID

Read Entire Article
spot_img

Related Posts

Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction

A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement Authorities

Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030

Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter In an interview, he expressed his

XRP Price Consolidates Below $0.530: What Could Trigger More Losses?

XRP price is consolidating losses above the $0500 support The price could extend losses if it fails to recover above the $0530 resistance zone XRP extended losses and traded below the $0530 support

Binance Slapped With $4M Fine By Canadian Regulator For Violation Of Rules

Binance’s regulatory woes continue to mount as the world’s largest cryptocurrency exchange by trading volume has been fined C$6 million ($44 million) by Canada’s financial

Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever

Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the platform’s large user base and potential for fostering cryptocurrency

Canaan Launches Upgraded Version of Its Avalon A15 Series Bitcoin Miner

Canaan Inc has launched the Avalon A15 series, with the new product being the A1566 model This upgraded bitcoin mining machine incorporates Canaan’s most advanced technology The A1566 model sets a
- Advertisement -spot_img