White Hat Hacker Recieves $1.5 Million for Bug Notification

Off-Topic : Fairfax Underground

Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.

Goto Topic: Previous•Next

Go to: Forum List•Back to Forum•Post New Topic•Search•Log In•Print View

White Hat Hacker Recieves $1.5 Million for Bug Notification

Posted by: Captn Crunchy ()

Date: February 25, 2021 11:59AM

https://www.investing.com/news/cryptocurrency-news/whitehat-hacker-receives-15m-bug-bounty-after-patch-pumps-token-price-2411337

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 dollar of coverage to drain the entirety of funds from ArmorFi’s underwriting contract.

Options: Reply•Quote

Go to: Forum List•Back to Forum•Search•Log In

Your Name:
Your Email (Optional):
Subject:

Attach a file

No file can be larger than 75 MB
All files together cannot be larger than 300 MB
30 more file(s) can be attached to this message

Spam prevention:

Please, enter the code that you see below in the input field. This is for blocking bots that try to post this form automatically.

 **     **  **    **  ********   ********   ******   
 **     **  ***   **  **     **     **     **    **  
 **     **  ****  **  **     **     **     **        
 **     **  ** ** **  ********      **     **   **** 
  **   **   **  ****  **            **     **    **  
   ** **    **   ***  **            **     **    **  
    ***     **    **  **            **      ******

Enter code: