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US National Vulnerability Database Says Bitcoin Inscription Ordinals (ORDI) Fluctuates in the $50 Range

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2024-01-19 16:00:14458browse

US National Vulnerability Database Says Bitcoin Inscription Ordinals (ORDI) Fluctuates in the $50 Range

Recently, the BRC-20 token led by $ORDI has once again triggered the craze of Bitcoin inscriptions. However, Bitcoin Core developer Luke Dashjr publicly criticized Inscription, calling it a scam and a threat to the Bitcoin network. This accusation caused violent fluctuations in the price of ORDI and also triggered discussions about the future fate of BRC-20. Some are beginning to wonder whether the BRC-20 token will disappear.

US National Vulnerability Database Marks Ordinals

The US National Vulnerability Database (NVD) marked Bitcoin Inscription Ordinals as a "cybersecurity risk" on December 9 to remind people to pay attention to this security loopholes.

The official pointed out that the vulnerability is still under analysis, but mentioned in the description that before Bitcoin Core version 26.0 and Bitcoin Knots version 25.1.knots20231115, there was a way to bypass the data carrier size limit. That is, by obfuscating the data into code (e.g. using OP_FALSEOP_IF). This is similar to how 2022 and 2023 Inscriptions are being leveraged.

Being included on the NVD list means that a specific cybersecurity vulnerability has been identified and is considered an important issue of public concern. The list is managed by NIST, an agency affiliated with the U.S. Department of Commerce.

US National Vulnerability Database Says Bitcoin Inscription Ordinals (ORDI) Fluctuates in the $50 Range

Slow Mist founder’s comment

Yu Xian, the founder of Slow Mist, said earlier that the news of Ordinals being included in the NVD list was received by Luke Reposted by Dashjr. Cosine noted that the Inscription issue was assigned a CVE number, indicating that it was confirmed as a vulnerability. However, he added that CVE numbers are nothing new and many security teams and individuals can apply. SlowMist may not pay much attention to this issue, but in the Bitcoin ecosystem, relevant actors may pay great attention to it, because the CVE number is one of the most well-known proofs of vulnerability in the security industry.

He also said that the CVE number was attached to the Bitcoin serial number inscription, which is indeed an insidious method. Although the current status on NVD is "The vulnerability has been received by NVD but has not yet been analyzed," this already labels it a "vulnerability."

But there is a high probability that this “loophole” label will not be removed.

$ORDI continues to fluctuate around 50 US dollars

As for the ORDI market price, since it reached a maximum of 69.8 US dollars last Wednesday (6th), ORDI has continued to fluctuate around 50 US dollars in the past few days. It fluctuated between ~$60 and was temporarily trading at $51.7 at the time of writing, down 0.32% in the past 24 hours.

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