SB2021010303 - Improper access control in Loopring (LRC)
Published: January 3, 2021
Breakdown by Severity
- Low
- Medium
- High
- Critical
Description
This security bulletin contains information about 1 security vulnerability.
1) Improper access control (CVE-ID: CVE-2020-35962)
The vulnerability allows a remote attacker to gain unauthorized access to otherwise restricted functionality.
The vulnerability exists due to improper access restrictions. The sellTokenForLRC function in the vault protocol in the smart contract implementation for Loopring (LRC), an Ethereum token, lacks access control for fee swapping and thus allows price manipulation.
Note, the vulnerability has been exploited in the wild in November 2020.
Remediation
Install update from vendor's website.