Seneca Stablecoin Hacker Returns $5M Following Exploit
Following a $6.4 million digital assets exploit from the Seneca stablecoin platform, the hacker has returned over $5 million after the project pledged a 20% bounty to the hacker. Multiple blockchain security firms identified the vulnerability in the stablecoin protocol on February 28. Enterprises such as CertiK issued advisories to users regarding the vulnerability, imploring […]
Gamma Strategies Attempts to Negotiate Bounty with Hacker
In the aftermath of a $3.4 million hack in digital assets, Gamma Strategies liquidity management protocol, while attempting to retrieve the funds lost in the exploit, negotiates a bounty with the hacker. PeckShield, a blockchain security firm, identified an exploit in Gamma’s repositories on January 4. Initial assessments indicated that the losses incurred a value […]
Fantom Foundation Awards Researcher $1.7M in Bounty After Hack
Following the Fantom hack in October, a security researcher revealed as much as $170 million could have been lost, in recognition of the researcher’s contribution, the organization awarded him $1.7 million as bounty. Following an October breach that cost the Fantom Foundation $550,000, the Fantom Foundation, a non-profit organization that develops the Fantom blockchain platform, […]
Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty to return the stolen assets. PeckShield, a blockchain security firm, disseminated an on-chain message via social media that depicts Poloniex’s communication with the intruder. The exchange reports that they have previously verified the […]
Poly network announces a $500,000 bug bounty program
In the wake of its $600M hack, Poly Network has announced a bounty program worth a total of $500,000 to those who report a bug. PolyNetwork has announced a $500,000 bug bounty program on the Immunefi blockchain in conjunction with a planned security upgrade. The bug bounty system will go live today, August 17, 2021. […]