A reentrancy vulnerability has been identified in the cancelRegistration function of the ThePredicter contract. This function is vulnerable to reentrancy attacks, allowing an attacker to drain funds from the contract by repeatedly calling the function before the state updates.
Reentrancy Attack in cancelRegistration. The cancelRegistration function transfers Ether before updating the contract’s state, making it vulnerable to reentrancy attacks. An attacker can exploit this by re-entering the function calls, draining the contract’s funds.
The likelihood of this attack occurring is high. An attacker could use this reentrancy attack to drain all user funds from the contract, leading to significant financial losses for both the platform and its users.
Foundry, Manual review.
Follow Checks-Effects-Interactions Pattern:
• Checks: Validate conditions and inputs.
• Effects: Update the state of the contract.
• Interactions: Interact with other contracts or external entities.
By following this pattern, we can prevent reentrancy attacks because the contract state is updated before making external calls.
Here’s how it applies to the cancelRegistration function:
Reentrancy of ThePredicter::cancelRegistration allows a maliciour user to drain all funds.
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