New York, June 20 (Bernama-GLOBE NEWSWIRE) — CertiK, a global pioneer in blockchain security, was awarded a $500K bounty by Sui for the discovery of a new type of security threat. The threat, codenamed “HamsterWheel”, had the potential to disrupt the entire Sui Layer one chain.
Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable.