Q2 2026 Security & Compliance Report67 incidents, $764M in losses, 88% from operational failures.
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Audit name:

[PT] Beldex | WEB+API | Jul2026

Date:

Aug 3, 2026

Table of Content

Introduction
Audit Summary
System Overview
Findings
Appendix 1. Severity Definitions
Appendix 2. Scope
Appendix 3. Additional Valuables
Disclaimer

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Introduction

We express our gratitude to the Beldex team for the collaborative engagement that enabled the execution of this Pentest.

Beldex is a privacy-focused blockchain ecosystem built around the principle of “privacy in every online interaction.” Rather than a single application, Beldex operates a suite of privacy-preserving products spanning communications, networking, browsing, and finance, all underpinned by its own blockchain and native coin, BDX.

The Beldex network uses confidential transactions described as shielded, unlinkable, and untraceable and is secured and validated through a masternode architecture. BDX is the ecosystem's native utility token and serves as the medium of exchange between participants across Beldex products.

Document

NamePentest and Security Analysis Report for Beldex
Approved ByFaizan Nehal
Websitebeldex.dev
Changelog24/07/2026 - Preliminary Report
PlatformWeb Application & API
LanguageNode.js, React, Express
TagsPentest
Methodologyhttps://docs.hacken.io/methodologies/pentesting
  • Document

    Name
    Pentest and Security Analysis Report for Beldex
    Approved By
    Faizan Nehal
    Website
    beldex.dev
    Changelog
    24/07/2026 - Preliminary Report
    Platform
    Web Application & API
    Language
    Node.js, React, Express
    Tags
    Pentest

Review Scope

Web Applicationhttps://bridge.beldex.dev

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Audit Summary

17Total Findings
16Resolved
1Accepted
0Mitigated

The system users should acknowledge all the risks summed up in the risks section of the report

{FindingsVulnSeverityStatusTable}

System Overview

The Beldex Bridge (bridge.beldex.dev) is a custodial cross-chain application that moves value between the Beldex network (native BDX) and Ethereum Sepolia (wrapped BBDX ERC-20). It supports two directions: BDX → BBDX (deposit BDX on Beldex → mint BBDX on Sepolia) and BBDX → BDX (burn BBDX on Sepolia → pay out BDX on Beldex).

The platform is split across two tiers, both fronted by Cloudflare (WAF + Managed Challenge):

\- Frontend a React/Vite single-page application serving the swap UI and wallet connection. \- API backend a separate Node/Express service (/api/v1/*) that orchestrates swaps, authenticates the write-path, and verifies on-chain deposit/burn events before releasing funds. It runs on a distinct, unlisted origin behind Cloudflare (kept separate from the static web origin 13.127.113.69, nginx on AWS ap-south-1).

Write access is gated by a signature-based session: the client requests a challenge, signs it with its wallet (personal_sign), and exchanges the signature for a bridge_proxy_session cookie. Core money endpoints are startSwap (creates a swap + deposit address), submitDeposit (submits the source-chain tx for verification), and getSwaps (status/polling). Crediting depends on the backend's asynchronous verifier confirming the source transaction on the relevant chain.

Findings

Code
Title
Status
Severity
F-2026-1816Cross-User Deposit Theft in submitDeposit
fixed

Critical
F-2026-1817Internal Infrastructure Exposed to the Internet
accepted

Medium
F-2026-1816SIWE Message Lacks Domain/Chain Binding (Phishing Signature Replay + Session Takeover)
fixed

Medium
F-2026-1816Missing Security Headers on Application Responses
fixed

Medium
F-2026-1816Production Domain Serves a Development Build of the Frontend
fixed

Medium
F-2026-1815Origin IP Exposure Enables Full Cloudflare/WAF Bypass
fixed

Medium
F-2026-1817Shallow confirmation depth on both bridge legs reorg double-spend risk
fixed

Low
F-2026-1817Backend accepts frontend-disabled chains (binanceChain, baseChain) with divergent / possibly fail-open validation
fixed

Low
F-2026-1816Log Injection via /api/v1/log
fixed

Low
F-2026-1816Session Cookie bridgeproxysession Missing Secure Flag
fixed

Low
1-10 of 17 findings

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Appendix 1. Severity Definitions

Findings are categorized based on their potential impact and assigned a severity level using the Common Vulnerability Scoring System (CVSS) version 4.0:

Severity

Description

Critical
These issues present a major security vulnerability that poses a severe risk to the system. They require immediate attention and must be resolved to prevent a potential security breach or other significant harm.

High
These issues present a significant risk to the system, but may not require immediate attention. They should be addressed in a timely manner to reduce the risk of the potential security breach.

Medium
These issues present a moderate risk to the system and cannot have a great impact on its function. They should be addressed in a reasonable time frame, but may not require immediate attention.

Low
These issues present no risk to the system and typically relate to the code quality problems or general recommendations. They do not require immediate attention and should be viewed as a minor recommendation.
  • Severity

    Critical

    Description

    These issues present a major security vulnerability that poses a severe risk to the system. They require immediate attention and must be resolved to prevent a potential security breach or other significant harm.

    Severity

    High

    Description

    These issues present a significant risk to the system, but may not require immediate attention. They should be addressed in a timely manner to reduce the risk of the potential security breach.

    Severity

    Medium

    Description

    These issues present a moderate risk to the system and cannot have a great impact on its function. They should be addressed in a reasonable time frame, but may not require immediate attention.

    Severity

    Low

    Description

    These issues present no risk to the system and typically relate to the code quality problems or general recommendations. They do not require immediate attention and should be viewed as a minor recommendation.

Appendix 2. Scope

The scope of the project includes the following:

Assets in Scope

bridge.beldex.dev - bridge.beldex.dev

Appendix 3. Additional Valuables

Frameworks and Methodologies

This security assessment was conducted in alignment with recognised penetration testing standards, methodologies and guidelines, including the NIST SP 800-115 – Technical Guide to Information Security Testing and Assessment , the Penetration Testing Execution Standard (PTES) , and the OWASP Testing Guide . These assets provide a structured foundation for planning, executing, and documenting technical evaluations such as vulnerability assessments, exploitation activities, and security code reviews. Hacken’s internal penetration testing methodology extends these principles to Web2 and Web3 environments to ensure consistency, repeatability, and verifiable outcomes.

Disclaimer