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

[PT] Toobit | Web+API | Jul2026

Date:

Aug 17, 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 Toobit team for the collaborative engagement that enabled the execution of this Pentest.

Toobit is a cryptocurrency exchange platform that enables users to buy, sell, and trade a wide range of digital assets. It provides mobile and web interfaces for real-time trading, asset management, and wallet services. The system is designed to support high-throughput order execution, secure asset custody, and user account protection.

Document

NamePentest and Security Analysis Report for Toobit
Audited ByFaizan Nehal
Approved ByEce Orsel
Websitehttps://www.toobit.com/
Changelog31/07/2026 - Preliminary Report
Changelog14/08/2026 - Final Report
PlatformWeb & API
Methodologyhttps://docs.hacken.io/methodologies/pentesting

Review Scope

Web Applicationhttps://toobit.com
Commithttps://api.toobit.com/

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Audit Summary

19Total Findings
7Resolved
12Accepted
0Mitigated

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

{FindingsVulnSeverityStatusTable}

System Overview

Toobit is a cryptocurrency trading platform that provides users with access to spot and derivatives markets, account management, wallet-related functions, and community-oriented features through its web application. Users can register, authenticate, manage their profiles, deposit or withdraw supported digital assets, place trading orders, monitor market prices, and interact with social content such as insights, comments, replies, and reactions. The platform is designed to support both trading activity and user engagement within a single browser-based interface.

The web application communicates with Toobit’s backend through a set of HTTP APIs hosted across dedicated service domains, including endpoints responsible for authentication, market data, trading operations, user settings, and social features. These APIs process authenticated requests using session cookies or access tokens and rely on identifiers such as post tokens and comment tokens to reference specific resources. The backend is responsible for validating requests, enforcing account and object-level permissions, storing user-generated content, and returning structured responses to the frontend.

From a security perspective, the application and API handle sensitive financial, account, and user-generated data, making authentication, authorization, session management, and input validation particularly important. Access controls must be consistently enforced across all endpoints, especially where private insights, comments, replies, wallet operations, and trading functions are involved. The system should ensure that users can only view or modify resources for which they have explicit permission, while also protecting against common web and API risks such as broken object-level authorization, session abuse, information disclosure, rate-limit bypasses, and unauthorized state-changing actions.

Findings

Code
Title
Status
Severity
F-2026-1875Broken Object-Level Authorization Exposes Comments on Private Insights
fixed

Medium
F-2026-1875Broken Access Control Allows Unauthorized Access to Private Insights and Their Comments
fixed

Medium
F-2026-1875IDOR Allows Unauthorized Comments on Other Users’ Private Insights
fixed

Medium
F-2026-1875Broken Access Control Allows Private User Insights to Be Disclosed Through Reposting
fixed

Medium
F-2026-1875Insufficient Rate Limiting Allows Mass Creation of Abnormal Deposit Support Tickets
fixed

Medium
F-2026-1875Private Insight Comments Can Be Liked by Other Users
accepted

Low
F-2026-1875Broken Object-Level Authorization in Comment Translation Endpoint Discloses Private Comment Content
accepted

Low
F-2026-1875IDOR Allows Unauthorized Likes on Other Users’ Private Insights
accepted

Low
F-2026-1874CSRF Allows an Attacker to Stop a User’s Active Strategy Trading Bot
accepted

Low
F-2026-1874Futures Account Enumeration Through Distinct Error Responses
accepted

Low
1-10 of 19 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:

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.

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