ETH_Lutoken_report.md

Summary

This is the report from a security audit performed on Lutoken by MrCrambo.

The audit focused primarily on the security of Lutoken smart contract.

In scope

1. https://github.com/CINEMADROM/SMART-CONTRACT/blob/master/LUTOKEN.sol

Findings

In total, 3 issues were reported including:

• 0 high severity issues.

• 0 medium severity issues.

• 1 owner privilegies issues.

• 2 low severity issues.

Security issues

1. Known vulnerabilities of ERC-20 token

Severity: low

Description

1. It is possible to double withdrawal attack. More details here
2. Lack of transaction handling mechanism issue. More details here

Recommendation

Add into a function transfer(address _to, ... ) following code:

require( _to != address(this) );

2. Owner privilegies

Severity: owner privilegies

Description

1. Owner can pause transfers any time he wants.
2. Owner can freeze at any time he wants.

3. Zero address checking

Severity: low

Description

There is no zero address checking in constructor

Conclusion

Smart contract contains low severity issues.