Simply because it’s blockchain doesn’t imply it’s protected.
In line with figures shared with crypto information outlet The Block, blockchain corporations dished out practically $1 million in bug bounties on HackerOne in 2019.
Over the course of 2019, white-hat hackers and bug finders have been awarded a complete of $968,504.
Again in 2018, blockchain corporations dished out $878,504 in bug bounties, Onerous Fork reported on the time.
In outright worth of paid bug bounties, this represents a small however nonetheless notable 10 p.c enhance year-on-year from 2018 to 2019.
In line with the report, when it comes to paid bug bounties the cryptocurrency and blockchain ranks because the fourth largest. Web providers, laptop software program, and media make up the highest three.
The cryptocurrency and blockchain trade additionally paid out the best common bug bounty of $6,124.
On one hand it’d sound startling that the trade is paying out a lot. However on the opposite, it’s good that hackers are being positively incentivized to assist make blockchain providers safer.
Revealed January 14, 2020 — 08:43 UTC