Mango Markets hacker proposes steep settlement
The Solana DeFi protocol suffered a $117 million exploit yesterday, and the hacker wants 70M USDC in ‘bug bounty.’ Go to Source Powered by WPeMatico
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The Solana DeFi protocol suffered a $117 million exploit yesterday, and the hacker wants 70M USDC in ‘bug bounty.’ Go to Source Powered by WPeMatico
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Go to Source Powered by WPeMatico
The ethical exploiter thanked Arbitrium for the 400 ETH payday, but said such a find should be eligible for the max bounty of nearly 1,500 ETH, or $2 million. Go to Source Powered by WPeMatico
According to the Ethereum Foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million. Go to Source Powered by WPeMatico
The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which runs until March 25, 2022, is part of an ongoing attempt to keep “its businesses and customers safe.” Strengthening the Cardano Brand The … Read more
Ethereum scaling startup Optimism disclosed a “critical bug” fix in the project’s Geth fork that would have allowed malicious hackers to create infinite ETH Go to Source Powered by WPeMatico
Immunefi’s largest bug bounty to date aims to help MakerDAO pinpoint potential vulnerabilities in its smart contracts and apps to prevent monetary losses. Go to Source Powered by WPeMatico
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own … Read more
The white hat hacker speculated that the bug might have been created from “using someone else’s code and not having a 100% understanding of what it does.” Go to Source Powered by WPeMatico
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug … Read more