Core DAO: Validator reward exploit contained; emergency hardfork planned
AI Market Summary
Core DAO reported a validator reward exploit that enabled excess block rewards above intended issuance, now contained, with an emergency hardfork coordinated to implement a permanent fix. While the team says assets are unaffected and frames the change as a forward upgrade, uncertainty remains around the amount of excess issuance and validator behavior. Near-term focus is on fork execution risk, supply credibility, and ecosystem confidence pending a postmortem.
Impact level
● Medium
Affected assets
CORE/USDT-5.35%
AI Insight · CORE/USDTAI Insight
▼ Bearish
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Core DAO said validators that were extracting block rewards above the protocol's intended issuance are no longer able to do so. The team is coordinating an emergency hardfork with validators to deploy a permanent fix, describing it as a forward upgrade rather than a rollback.
The project first disclosed the issue on Monday, initially attributing it to a small number of validators. @Coredao_Org has since characterized the actors as malicious. Core DAO said user assets have not been affected, but it has not yet provided an estimate of the excess native tokens issued. A postmortem report is still pending.
