$250K bounty 'not too low to be insulting,' says Coinbase white hat hacker
The white-hat hacker responsible for discovering a crisis-level flaw in Coinbase API said the $250K bounty was not "too low." On February 11th, two days before the Super Bowl and Coinbase’s $14 million color-changing QR code advert, an engineer was desperately trying to reach out to Coinbase management and the development team.Anyone here can get me a direct line with someone at @coinbase , preferably management or dev team, possibly @brian_armstrong himself? I'm submitting a hacker1 report but I'm afraid this can't wait. Can't say more either, this is potentially market-nuking. DMs open.—....
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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 […]
A White Hat hacker’s prompt intervention saved Coinbase’s sophisticated trading platform from disaster. “Tree of Alpha,” a White Hat Hacker, contacted Coinbase Chief Executive Officer Brian Armstrong to warn him that third-parties could theoretically transfer Coinbase order books at arbitrary rates, which might result in a big payout for criminals. Coinbase announced in a statement […]
The Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty. The hacker who exploited Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds but was allowed to keep $1.6 million as a white hat bounty.The bounty, 45,455 Solana (SOL), is worth a generous 16.7% of the $9.6 million Crema lost initially, which forced the protocol to suspend services. Crema’s team began an investigation to identify the hacker by tracking their Discord handle and tracing the original gas....
Bug bounty hunters, or white hat hackers, around the world that use the popular platform HackerOne can now be paid in Bitcoin. Earlier today, Coinbase announced a partnership with HackerOne, a This means that internet giants such as Facebook, Twitter, and Yahoo! can now pay bug finders in Bitcoin. In fact, HackerOne's many bug bounty hunters can select Bitcoin as their preferred payout option. Compared with the other payment options present for HackerOne, which services an intrinsically international conglomerate of companies and hackers, Coinbase and Bitcoin allow bug bounty hunters to....
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker. The hacker behind a $610 million attack on the cross-chain decentralized finance (DeFi) protocol Poly Network has returned almost all of the stolen funds amid the project saying their actions constituted “white hat behavior.”According to a Thursday update on the attack from Poly Network, all of the $610 million in funds taken in an exploit that used "a vulnerability between contract calls” have now been transferred to a multisig wallet controlled by the....