Monero Developers Fix Bug That Lost Balances

Monero Developers Fix Bug That Lost Balances

Monero Developers Fix Bug That Lost Balances

Monero (XMR) developers have confirmed the fixing of a bug involving cryptocurrency hardware wallet Ledger that made user funds look like they had disappeared.

The bug, which Ledger originally thought to be a synchronization problem, first surfaced when a user’s balance failed to react to an incoming transaction.

The problem only affected those using Ledger Nano S devices to access their XMR wallet. As of this week, the issue has officially been resolved through the issuance of a patch from Monero developers luigi1111 and stoffu.

The amount thought to be lost in the mishap totaled 1,680 XMR (around $115,00), leading to concerns of a major flaw. However, Monero says the number of wallets involved was small.

A summary of the fix on Reddit now reads: “A few weeks ago some Ledger Monero users got affected by a bug in the Ledger Monero code. Due to the bug, a handful of transactions were erroneously constructed and the wallet was not able to spot (and subsequently credit) the change, thereby letting the user believe their funds were lost,”

“Fortunately, we were, in collaboration with the Ledger team, able to resolve this bug and recover the ‘lost’ funds of the affected users.”

Monero has promised to review the Ledger Monero code more rigorously, adding tests in a format similar to what is currently done for fellow hardware wallet Trezor.

The summary adds.“This, hopefully, will ensure no such bugs will be present in the future,”

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