Crypto’s security crisis deepens – 3 exploits rattle the market in 24 hours

In the past 24 hours alone, three different kinds of exploits shook the crypto community. Initially, Pirate Chain (ARRR), a private, zero-knowledge cryptocurrency whose transparent layer had been exploited. Of this, the Ironwood turnstile used for supply accounting became the main target. This component appears to be responsible for tracking token supply as funds move between different layers of the network. And now the vulnerability may have compromised the accuracy of these accounting records, prompting developers to roll back the blockchain to how it was on the 14th of October. As a step of safety measure, the team noted on X, All exchanges have been notified and are temporarily suspending deposits and withdrawals.

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