Blur founder: The limit order price feature has been re-enabled, and affected traders will be compensated with refunds

ChainCatcher news, Blur founder Pacman tweeted that around 11:00 AM Beijing time on April 22, Blur detected a vulnerability in its message processing that affected some bids canceled in the past 80 hours. After detecting the vulnerability, the team immediately disabled the "accept order price" feature. In a span of 30 minutes, 36 affected order prices were accepted. Subsequently, Blur fixed the issue and re-enabled the order price feature at 2:05 PM Beijing time on April 22. Before accepting the order price, any current order price above the floor price would be automatically canceled.

Pacman stated that in addition to fixing the vulnerability that caused the issue, the team also implemented two additional redundant security checks to ensure that this problem does not occur again. Traders whose affected order prices were accepted will receive a refund equal to twice the difference between their bid and the appropriate highest bid at that time. For example, if the highest bid was 14.5 ETH and the affected order price was accepted at 15.5 ETH, Blur will refund 2 ETH. Affected traders do not need to sell their NFTs to receive this refund. Blur will automatically send it within the next 24 hours. (source link)