On April 22nd, Pacman, the founder of Blur, tweeted that around 11:00 Beijing time on April 22nd, Blur detected a vulnerability in message processing that affected some bids cancelled within the past 80 hours. After detecting the vulnerability, the team immediately disabled the “accept hanging unit price” feature. Within 30 minutes, 36 affected unit prices were accepted. Afterwards, Blur fixed this issue and enabled the unit price hanging function on April 22nd at 14:05 Beijing time. Before activating the accept unit price, any current unit price higher than the floor price will be automatically cancelled.

Blur Founder: The acceptance of the unit price hanging function has been reactivated and will provide refunds and compensation to affected traders

– Introduction
– What happened at Blur on April 22nd?
– How did the team handle the vulnerability?
– Analyzing the damage done
– Steps taken by Blur to resolve the issue
– What can other companies learn from this incident?
– Conclusion
– FAQs
# On April 22nd, Pacman, the founder of Blur, tweeted that around 11:00 Beijing time on April 22nd, Blur detected a vulnerability in message processing that affected some bids cancelled within the past 80 hours.
In the world of cybersecurity, it is not uncommon for companies to face vulnerabilities in their systems. Unfortunately, Blur encountered such a vulnerability on April 22nd that affected some of its bids cancelled within the past 80 hours. Pacman, the founder of Blur, shared this news on his Twitter account and highlighted the issue at hand.
# How did the team handle the vulnerability?
Upon detecting the vulnerability, the team at Blur immediately took action and disabled the “accept hanging unit price” feature. This was done as a precautionary measure to ensure that the vulnerability could not cause any further damage. The company’s team worked quickly and, within 30 minutes, identified 36 affected unit prices that were accepted due to the glitch.
Afterwards, the team at Blur was able to fix the issue and enabled the unit price hanging function on April 22nd. Before activating the accept unit price, any current unit price higher than the floor price was automatically cancelled. This helps to prevent any further losses due to the vulnerability.
# Analyzing the damage done
The damage caused by the vulnerability discovered at Blur cannot be ignored. However, the fact that the team was able to act quickly and disable the feature helps to mitigate the potential losses. The impact of the vulnerability is not entirely clear, but it is evident that some bids were affected.
# Steps taken by Blur to resolve the issue
Upon detecting the vulnerability, the team at Blur took swift action to ensure that no further damage could occur. They disabled the “accept hanging unit price” feature and identified 36 affected unit prices. Once the vulnerability was fixed, the team at Blur reactivated the feature and implemented a fail-safe mechanism to prevent any further damage.
# What can other companies learn from this incident?
This incident at Blur highlights the importance of having a strong cybersecurity strategy in place. Companies must be diligent in monitoring their systems for vulnerabilities and taking quick action when issues arise. They must also have a contingency plan in place to minimize losses in the event of an attack or system failure.
Additionally, companies can learn from Blur’s swift response to the vulnerability. The ability to quickly detect and disable the feature was crucial in preventing the vulnerability from causing further damage. By following this example, other companies can take steps to reduce the impact of any cybersecurity issues.
# Conclusion
The vulnerability discovered at Blur highlights the importance of having a strong cybersecurity strategy in place. While damage was done, the team’s quick response helped to mitigate potential losses. Other companies can learn from this incident and take steps to prevent similar issues from occurring in the future.
# FAQs
1. What caused the vulnerability at Blur?
The exact cause of the vulnerability is unknown. However, the team at Blur was quick to respond and disable the feature to prevent any further damage.
2. Were any bids affected by the vulnerability?
Yes, some bids were affected by the vulnerability. The exact extent of the damage is not clear.
3. What steps did Blur take to resolve the issue?
Upon detecting the vulnerability, the team at Blur disabled the feature and identified any affected unit prices. They then fixed the vulnerability and reactivated the feature with the implementation of a fail-safe mechanism.

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Blur Founder: The acceptance of the unit price hanging function has been reactivated and will provide refunds and compensation to affected traders

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