White hacker received a record bounty award from Wormhole
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“To catch a criminal, you have to think like a criminal.”
Founders of blockchain protocols have long understood this truth from the CID, starting to invite classic developers and hackers to cooperate. That is, those who think not in terms of engineering, functionality, and user capabilities, but in terms of looking for vulnerabilities and inefficiencies.
Hackers who work with various companies in this format are usually called “white hat” (as antagonists of “black hat hackers” engaged in hacking, theft, and scam).
Wormhole recently made history as a project with one of the largest and resounding exploits in the decentralized finance industry: criminals managed to loot the platform for more than $300 million. Therefore, although the team, unfortunately, has to follow the path of its own negative experience (and not “ahead of the curve” as it could be), the bounty bonuses they offer for white hat hackers are very generous.
On February 11, the Immunefi platform, which specializes in finding errors in smart contracts, received a grant from Wormhole for $10 million (with payment in USDC). The bounty program had several levels of difficulty, from $2.5 million to $10 million, depending on the hacker’s ability to “empty” all the locked value from one or more chains.
Hackers who work with various companies in this format are usually called “white hat” (as antagonists of “black hat hackers” engaged in hacking, theft, and scam).
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