CVE-2026-61604

ixo Blockchain x/bonds DID-resolved payer drain + x/entity ICA authorization bypass

Published Sep 24, 2026 CVSS 4.0 · 9.3 Critical EPSS < 1% KEV · Not listed
Description
The ixo Blockchain is a Layer 1 blockchain that runs on both Testnet and Mainnet. Prior to version 8.0.0, the x/bonds module moved funds from an address that was resolved from a DID verification method, without verifying that the resolved address belonged to the transaction signer. Affected handlers included MsgMakeOutcomePayment, MsgBuy, MsgSell, MsgSwap, and MsgWithdrawShare, as well as the batch order processor. Because any account may list an arbitrary blockchainAccountID as a verification method on a DID it controls (without the consent of that address's owner), an attacker could register victims' addresses as verification methods on their own DID and then move the victims' balances into a bond the attacker controlled — later withdrawing and bridging the proceeds off-chain. This was exploited on ixo mainnet (ixo-5) on 2026-06-20. The attack required no victim keys, signatures, or system compromise — any account holding a balance in a token a bond could use was at risk. This was fixed in v8.0.0, delivered via the on-chain v8 software-upgrade. The x/bonds module is disabled: every bonds message is rejected on all routes (top-level, authz, CosmWasm, and ICA), and the bonds batch EndBlocker is a no-op so no further reserve movements can occur. All node operators and validators must upgrade to v8.0.0. The flaw is in chain state-machine logic and can only be remediated by running the patched binary. There is no application-level workaround. The vulnerability is in consensus logic; remediation requires the network to run the patched (v8.0.0) binary. The bonds module remains disabled in v8.0.0 and will only be re-enabled in a future release once the signer-authorization model has been corrected.

Remediation

No solution or workaround provided in the CVE record

Tracking

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Advisories

Source ID Title
Github GHSA Github GHSA GHSA-w3rp-4cm2-4wgc ixo Blockchain x/bonds DID-resolved payer drain + x/entity ICA authorization bypass
History
Type Values Removed Values Added
Metrics ssvc

{'options': {'Automatable': 'yes', 'Exploitation': 'none', 'Technical Impact': 'total'}, 'version': '2.0.3'}

Type Values Removed Values Added
First Time appeared Ixofoundation
Ixofoundation ixo-blockchain
Vendors & Products Ixofoundation
Ixofoundation ixo-blockchain
Type Values Removed Values Added
Description The ixo Blockchain is a Layer 1 blockchain that runs on both Testnet and Mainnet. Prior to version 8.0.0, the x/bonds module moved funds from an address that was resolved from a DID verification method, without verifying that the resolved address belonged to the transaction signer. Affected handlers included MsgMakeOutcomePayment, MsgBuy, MsgSell, MsgSwap, and MsgWithdrawShare, as well as the batch order processor. Because any account may list an arbitrary blockchainAccountID as a verification method on a DID it controls (without the consent of that address's owner), an attacker could register victims' addresses as verification methods on their own DID and then move the victims' balances into a bond the attacker controlled — later withdrawing and bridging the proceeds off-chain. This was exploited on ixo mainnet (ixo-5) on 2026-06-20. The attack required no victim keys, signatures, or system compromise — any account holding a balance in a token a bond could use was at risk. This was fixed in v8.0.0, delivered via the on-chain v8 software-upgrade. The x/bonds module is disabled: every bonds message is rejected on all routes (top-level, authz, CosmWasm, and ICA), and the bonds batch EndBlocker is a no-op so no further reserve movements can occur. All node operators and validators must upgrade to v8.0.0. The flaw is in chain state-machine logic and can only be remediated by running the patched binary. There is no application-level workaround. The vulnerability is in consensus logic; remediation requires the network to run the patched (v8.0.0) binary. The bonds module remains disabled in v8.0.0 and will only be re-enabled in a future release once the signer-authorization model has been corrected.
Title ixo Blockchain x/bonds DID-resolved payer drain + x/entity ICA authorization bypass
Weaknesses CWE-285
CWE-862
References
Metrics cvssV4_0

{'score': 9.3, 'vector': 'CVSS:4.0/AV:N/AC:L/AT:N/PR:N/UI:N/VC:H/VI:H/VA:N/SC:N/SI:N/SA:N'}

Weaknesses

Sources

Status
PUBLISHED
Assigner
GitHub_M
Published
Updated
Sep 24, 2026, 6:04 PM
Reserved
Jul 10, 2026, 5:36 PM
Status
Deferred
Published
Sep 24, 2026, 6:17 PM
Modified
Sep 30, 2026, 5:32 PM