Nearly 5000 issues in over a day: analysts conduct large-scale audit of the Bitcoin ecosystem

cryptonews.ruPublished on 2026-08-06Last updated on 2026-08-06

Abstract

In a major security audit of the Bitcoin ecosystem, the Bitcoin Red Team discovered 4,962 potential vulnerabilities across nearly 400 projects over 27.5 hours. The issues included 85 classified as critical and 635 as high severity. The 16-member team, operating 24/7 across time zones, combined manual review with AI-powered tools, averaging 2.31 critical or high-level findings per analyst per hour. Most critical vulnerabilities have already been confirmed by the respective project developers. The team contacts projects directly and verifies the most severe issues by creating and testing proof-of-concept cases in isolated environments before reporting. They acknowledged the audit may have increased stress for developers but emphasized the need for rapid disclosure to prevent exploitation. The team continues to refine its verification process to reduce irrelevant reports. For comparison, the Ethereum Foundation's ETH Rangers program concluded in April 2026 with 17 researchers finding 785 vulnerabilities and returning $5.8 million.

The Bitcoin Red Team, which is engaged in security audits of the Bitcoin ecosystem, reported the discovery of 4,962 potential vulnerabilities across nearly 400 projects. Among these, some were assigned a critical severity level, while others were rated high.

The Bitcoin Red Team stated that the team currently consists of 16 specialists working across different time zones in 24/7 mode. According to project participants, they are conducting a large-scale audit of the Bitcoin ecosystem's codebases using a combination of manual review and artificial intelligence-based tools.

According to the team, over a period of 27.5 hours, 4,962 reports on potential vulnerabilities were generated for 390 projects, including:

  • 85 critical;
  • 635 high-severity.

The Bitcoin Red Team reported that the average rate of work was 2.31 critical or high-severity findings per participant per hour.

The team noted that a significant portion of the audit is still performed manually with AI support, but automated testing systems are gradually becoming more effective. They also emphasized that the different approaches of participants to using AI and crafting prompts allow for more diverse results.

Most critical findings already confirmed by developers

The Bitcoin Red Team stated that they are already in contact with project teams, and most critical reports were promptly confirmed by their developers.

According to the team, before disclosing critical findings, they first verify all the most dangerous issues themselves. To do this, they create a test case and run it on their own computer in a special isolated mode.

At the same time, the initiative's authors acknowledged that the large-scale campaign created additional strain for developers.

"We apologize if our reports added stress to your already busy day. However, we believe it's important to report such findings as quickly as possible, as project owners are best positioned to verify them, and other researchers may soon discover the same issues," said the Bitcoin Red Team.

The team also noted that they continue to improve the process of verifying discovered vulnerabilities and are working on reducing the number of irrelevant reports.

Recall that in April 2026, the Ethereum Foundation summarized the results of the ETH Rangers program. As a result, 17 researchers recovered $5.8 million and found 785 vulnerabilities.

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Related Questions

QHow many potential vulnerabilities did the Bitcoin Red Team discover during their audit, and how many were classified as critical?

AThe Bitcoin Red Team discovered 4962 potential vulnerabilities. Of these, 85 were classified as critical.

QWhat combination of methods did the Bitcoin Red Team use to conduct the large-scale audit of the Bitcoin ecosystem?

AThey conducted the audit using a combination of manual review and tools based on artificial intelligence.

QHow many projects were found to have potential vulnerabilities in this audit, and what was the average finding rate per team member per hour for critical or high-level issues?

APotential vulnerabilities were found in 390 projects. The average finding rate was 2.31 critical or high-level findings per team member per hour.

QHow does the team validate critical vulnerabilities before reporting them to project developers?

AThey validate critical vulnerabilities by creating a test example and running it on their own computer in a special isolated mode.

QWhat did the team acknowledge about the impact of their large-scale reporting campaign on developers?

AThe team acknowledged that the campaign created additional load and stress for the developers, for which they apologized, but emphasized the importance of quick reporting.

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