Whitehat hacker receives $1.5M bug bounty after patch pumps token price
A bumper payout for identifying a critical bug in a smart contract caused increased confidence in the ArmorFi platform and a 100%+ token pump. A whitehat hacker has seen what was already one of the largest smart contract-related bug bounties ever awarded more than double, after the ARMOR token price pumped following the announcement of his reward.On Feb. 3 ArmorFi announced that Alexander Schlindwein of Idea Markets had identified a critical bug in its smart contracts before the insurance brokerage platform went live.If left unpatched, the bug would have allowed a bad actor with just one....
Related News
Back in September, we reported on a blackmailer/hacker who had been DDOS attacking the popular bitcoin sports book Nitrogensports.eu and then blackmailing them into paying a ransom for it to stop. Today, we have been informed by Bitalo.com, a “multi-signature wallet and decentralized exchange” with that they are the latest victim of attacks by the same hacker. The site was offline for two days before coming back online shortly before publishing. Bitalo.com's owners have informed us that rather than give into the hacker's demands, they will be putting up a bounty on the hacker who goes by....
White hat hacker Samczsun from investment firm Paradigm reported what could be one of the biggest rescues ever on the SushiSwap protocol, the Ethereum ecosystem, and maybe the entire internet. Just pulled off maybe the biggest whitehat rescue ever. Story time soon 🔥 — samczsun (@samczsun) August 17, 2021 Samczun claimed in a post that he found and help patch a vulnerability that was threatening over $350 million or 109,000 ETH from a Sushiswap based contract from its MISO platform. The white hacker reviewed the contract after he found there was a new auction taking place on the....
A hacker targeting Roger Ver has given up his attempts to access the angel investor's accounts after a 37.6 BTC bounty was issued for his arrest. In a Facebook post earlier this morning, Ver said he was seeking information about the hacker "who is trying to steal all my stuff at the moment". The bounty is currently worth around $20,000. He also revealed the hacker is using the Skype username 'nitrous'. He posted a similar message on Twitter: 37.6 BTC reward for information that leads to the arrest of the hacker that is trying to hack all my stuff at the moment. details to come! - Roger Ver....
Cross-chain protocol Mixin Network has offered the hacker behind the $200 million exploit a $20 million bug bounty reward to return the stolen assets. Mixin Woos Hacker With $20 Million Bug Bounty According to blockchain security firm Peckshield, the bug bounty offer was communicated as an on-chain message, with Mixin urging the bad actor to […]
News of the largest bug bounty ever paid out by crypto exchange Coinbase has been circulating. The bounty which was paid to a white hat hacker who found a bug in the exchange’s advance trading feature was paid $250,000. This can be a sizable amount for a bug bounty but users in the space have […]