We've all come to know, in one way or another, that the crypto market is now moving literally $billions. What once was a kids playground... has now turned into a huge decentralized financial ecosystem... and where there's money, there's exploits & hacks!
Since 2019’s notorious DeFi Summer, crypto became a massive target for hackers with more than $300 million lost in hacks. Even more recently, Poly Network got hacked for about $600M, although most of the funds were returned to the protocol shortly after.
Meanwhile, Immunefi is becoming DeFi's leading bug bounty platform with $3m+ in bounties paid out and $31m in bounties available. TheGraph just launched a bounty with rewards up to $2.5m becoming the largest bug bounty in history.
Exciting times to be a white hat. On that note, about a month ago, a white hat at Immunefi landed a $800k bounty after discovering a critical bug. In comparison, PayPal bounties range from 1k to 3k.
What's your stance on crypto exploits, security and bug bounties? Has anyone here ever done anything on that front?
Since 2019’s notorious DeFi Summer, crypto became a massive target for hackers with more than $300 million lost in hacks. Even more recently, Poly Network got hacked for about $600M, although most of the funds were returned to the protocol shortly after.
Meanwhile, Immunefi is becoming DeFi's leading bug bounty platform with $3m+ in bounties paid out and $31m in bounties available. TheGraph just launched a bounty with rewards up to $2.5m becoming the largest bug bounty in history.
Exciting times to be a white hat. On that note, about a month ago, a white hat at Immunefi landed a $800k bounty after discovering a critical bug. In comparison, PayPal bounties range from 1k to 3k.
What's your stance on crypto exploits, security and bug bounties? Has anyone here ever done anything on that front?
