IBS security record

BNB Chain, Polygon (POS)ibstoken.org

As of 3 Nov 2026, IBS has 2 audit reports by 2 security firms on Trustblock; the latest is by CertiK, dated 30 May 2024. Those reports list no open critical findings. It also holds 2 deployed contracts on 2 chains.

Critical findings
No open critical findings
Across 2 reports.
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Record last updated . It holds audits, findings and contracts up to Nov 2026, and incidents up to Oct 2026. Trustblock does not review code.

Audits2

Newest first

AuditSecurity firmDateScopeCritical findingsReport
IBStoken - AuditSecurity firm: CertiKDate: Scope: 1 address on Polygon (POS)No open critical findingsOpen · skynet.certik.com
IBStokenSecurity firm: CyberscopeDate: Scope: 1 address on BNB ChainNo open critical findingsOpen · IPFS

Findings13

Statuses are the security firm’s own, from each report.

SeverityOpenAcknowledgedFixed
Critical000
High020
Medium010
Low820
HighCentralization Risks in IBSToken.solIBStoken - Audit · CertiK · 30 May 2024Acknowledged

In the contract `Pausable` the role `owner` has authority over the functions shown in the diagram below. Any compromise to the `owner` account may allow the hacker to take advantage of this authority and pause/unpause token transfers. ![](https://accelerator-tasks-prod.acc.corp.certik.com/11ef-1d07-19f5a400-b55e-a36ce29c2474/diagrams/centralization_IBSToken-Pausable-owner.svg)

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HighInitial Token DistributionIBStoken - Audit · CertiK · 30 May 2024Acknowledged

All of the IBSTokens are sent to the contract owner which is an externally-owned account (EOA) address on deployment. This is a centralization risk because the deployer or the owner(s) of the EOAs can distribute tokens without obtaining the consensus of the community. Any compromise to these addresses may allow a hacker to steal and sell tokens on the market, resulting in severe damage to the project.

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MediumPotential Bypass of Blacklisted Users in functionIBStoken - Audit · CertiK · 30 May 2024Acknowledged

The blacklist feature is designed to prevent the blacklisted users from transferring the `IBSToken` to others by validating the following **require** statement: ```solidity=145 function transferFrom(address _from, address _to, uint256 _value) public returns (bool) { require(tokenBlacklist[msg.sender] == false); ``` The **require** statement prohibits the blacklisted users from calling `transfer()` and `transferFrom()` to move their funds by requiring the `msg.sender` not blacklisted. However, this feature can be bypassed by using a combination of the `approve()`/`increaseAllowance()` and `transferFrom()` functions. The blacklisted user could approve another account to transfer his tokens on his behalf.

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LowNon-Standard ERC20 `decimal` DatatypeIBStoken - Audit · CertiK · 30 May 2024Acknowledged

The data type of the decimals state variable should be `uint8` to adhere to the EIP-20 standard. Currently, some smart contracts interacting with this ERC-20 token will result in a failure. Reference: [Specification of the `decimals()` Method](https://github.com/ethereum/ercs/blob/master/ERCS/erc-20.md#decimals)

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LowPull-Over-Push Pattern In `transferOwnership()` FIBStoken - Audit · CertiK · 30 May 2024Acknowledged

The change of `_owner` by function `transferOwnership()` overrides the previously set `_owner` with the new one without guaranteeing the new `_owner` is able to actuate transactions on-chain.

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Contracts2

AddressChainSource code
0x82cb0ec6a31bc92e9483c08fdcbe2e6f3cc28100Chain: Polygon (POS)Source code: Verified source
0x57d2a45653b329fac354b04cead92c4db71cf09fChain: BNB ChainSource code: Verified source

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