HomeCoinsEthereum (ETH)Axie Infinity maker floats bug bounty program after $600 million Ronin hack

Axie Infinity maker floats bug bounty program after $600 million Ronin hack

- Advertisement -


advertisement

Axie Infinity maker floats bug bounty program after $600 million Ronin hack

Sky Mavis, the studio behind the popular Axie Infinity game, has floated a bug bounty to unearth security vulnerabilities in its ecosystem following the theft of over $600 million from its Ronin network.

Announced on Tuesday, the bug bounty covers two categories covering both smart contracts and web-related issues. Rewards for vulnerabilities with the ecosystem’s blockchain and smart contract infrastructure will range from $1,000 to $1,000,000 depending on the severity.

Some of the prioritized smart contract vulnerabilities listed by Sky Mavis include re-entrancy, oracle manipulation, and signature malleability, among others. Other bugs the team wants white hat hackers to look into include authentication errors, flash loan attacks, and susceptibility to front running.

Bugs in the web or app interface will see rewards between $50 to $15,000, also depending on the severity. The Sky Mavis team said it may also award additional bonuses for exceptional bug reports.

The blockchain gaming studio will pay bug bounties in its AXS token. Fatal bounties that command a $1 million reward will include a vesting requirement with a six-month tenure. This means that recipients will only be able to liquidate a specified portion of the funds per month.

Sky Mavis’ bug bounty announcement is the latest step taken since the Ronin hack. In March, an attacker was able to drain $600 million from the Ronin bridge.

Other actions taken since the hack include replacing the validators compromised in the attack. Sky Mavis has also raised $150 million as part of the restitution for users affected by the incident.

Trending Stories



Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 40,393.00
ethereum
Ethereum (ETH) $ 3,059.36
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 305.27
litecoin
Litecoin (LTC) $ 104.92
eos
EOS (EOS) $ 2.23
okb
OKB (OKB) $ 18.88
tezos
Tezos (XTZ) $ 3.15
leo-token
LEO Token (LEO) $ 5.71
cardano
Cardano (ADA) $ 0.964126
monero
Monero (XMR) $ 235.15
stellar
Stellar (XLM) $ 0.192333
chainlink
Chainlink (LINK) $ 14.08
huobi-token
Huobi Token (HT) $ 9.35
tron
TRON (TRX) $ 0.06001
usd-coin
USD Coin (USDC) $ 0.998279
dash
Dash (DASH) $ 103.58
neo
NEO (NEO) $ 20.55
iota
IOTA (MIOTA) $ 0.661988
nem
NEM (XEM) $ 0.099656
zcash
Zcash (ZEC) $ 147.42
maker
Maker (MKR) $ 1,891.05
paxos-standard
Pax Dollar (USDP) $ 0.999608
ethereum-classic
Ethereum Classic (ETC) $ 37.97
vechain
VeChain (VET) $ 0.060335
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 42.33
kucoin-shares
KuCoin Token (KCS) $ 19.12
waves
Waves (WAVES) $ 23.11