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Bitcoin Library bitcoinjs-lib Patches Two Flaws Causing Severe Transaction Fee Understatements

Developers of bitcoinjs-lib have patched two high-severity vulnerabilities that caused applications processing partially signed Bitcoin transactions to drastically underestimate miner fees. The accounting discrepancies bypassed standard fee-rate warnings, allowing excessive fee payments. In one demonstration on version 7.0.1, an actual fee of 900,000,000 satoshis was calculated as just 200 satoshis, while another bug caused a 91,000-satoshi fee to be miscalculated as 1,000 satoshis. Fixes have been deployed across versions 5.2.2, 6.1.9, and 7.0.4. No confirmed losses or active exploitation have been reported.

Category

Bitcoin

Sentiment

Bearish

Event

Crypto native

Reading time

1 min