Geth bug found in Ethereum network

Ethereum developers find Geth bug as hardfork date is coming closer 
15 October 2017   1801

The developers of Ethereum's Geth software release a new version just days before the Byzantium hard fork due to the discovery of a denial-of-service (DoS) attack vulnerability.

Ethereum's Geth 1.7.2
Ethereum's Geth 1.7.2 urgent update

With Geth comprising about 75% of all Ethereum nodes, the vulnerability could leave nodes running the previous Byzantium-compatible release more susceptible to DoS attacks after the hard fork.

Casey Detrio, Ethereum developer, explains on reddit.com that the vulnerability stems from an oversight in one of the new Byzantium features. The risk is that this bug could be exploited by an attacker who wants to take ethereum nodes offline – a form of attack that the Ethereum community has dealt with in the past. 

The second concern is that there may be more undiscovered consensus bugs that could be found after the activation block, which would then result in needing to perform emergency client updates.
 

Casey Detrio
Ethereum developer

It's also worth mentioning, that yesterday, the team behind Parity issued a new release of its software that corrected a "consensus bug" – an error which could have caused the network to partition during the hard fork. 

Prime Trust to Launch Custody Service for Crypto

CEO claimed his company will be the first to offer custody for any ERC-20 tokens
15 August 2018   158

Prime Trust announced the launch of the cryptocurrency custody service. This is reported by the Coindesk.

It became known that as early as the middle of July, the bitcoin storage service became available to customers, and next week support for Ethereum and ERC-20 tokens will be added.

In cryptographic storages, the access key to the wallet is stored either on a secure device not connected to the network or on paper in a safe.

Recently, information has appeared that several financial market mastodons, including Goldman Sachs, Northern Trust and Intercontinental Exchange, plan to provide custodian services for cryptocurrencies. However, according to Prime Trust head Scott Purcell, they were able to get ahead of the above-mentioned organizations.

They are trillion-dollar Fortune 100 entities, and they are just not going to move that fast. "We had had an engineering breakthrough which now enables us to easily cold-storage any ERC-20 token (along with BTC and ETH, of course).
 

Scott Purcell

CEO, Price Trust

Also, Scott notes that Prime Trust will be the first company to offer any ERC-20 tokens storage services.