Virtuals Protocol swiftly rectified a critical vulnerability in its smart contract, highlighted by researcher Jinu on December 3, 2024. This flaw in Uniswap V2’s token pair creation process could have impeded new token launches, resulting in significant market disruptions.

In response to the vulnerability, Virtuals Protocol has relaunched its bug bounty program. The company expressed gratitude towards Jinu for the discovery, committing to assessing the vulnerability’s impact and determining a fitting reward. This move underscores Virtuals’ dedication to security in the evolving crypto landscape.