Tuesday, 14 January 2020

Blockchain companies dished out nearly $1M in bug bounties last year


Just because it’s blockchain doesn’t mean it’s safe. According to figures shared with crypto news outlet The Block, blockchain companies dished out nearly $1 million in bug bounties on HackerOne in 2019. Over the course of 2019, white-hat hackers and bug finders were awarded a total of $968,504. Back in 2018, blockchain firms dished out $878,504 in bug bounties, Hard Fork reported at the time. In outright value of paid bug bounties, this represents a small but still notable 10 percent increase year-on-year from 2018 to 2019. According to the report, in terms of paid bug bounties the cryptocurrency and…

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