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AirSwap Offers Up to $20,000 For Its Bug Bounty

 

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    Crypto

    AirSwap Offers Up to $20,000 For Its Bug Bounty

    Decentralized change protocol AirSwap introduced that it’s working a bug bounty program with rewards as much as $20,000 in DAI.

    Ethereum (ETH) decentralized change protocol AirSwap introduced that it’s working a  bug bounty program with rewards as much as 20,000 DAI (value $20,000). It begins now and continues indefinitely.

    On Dec. 4, the AirSwap workforce mentioned that the worth of the bug bounty rewards will rely on the severity of the bug discovered, in response to the OWASP threat score methodology and as judged by the AirSwap workforce.

    The AirSwap bug bounty rewards go as much as 250 DAI for a low-level repair, and as much as 2,000 DAI for a high-level repair. If the AirSwap workforce decides that the chance severity has reached a vital stage, the reward will go as much as 20,000 DAI.

    In September, the AirSwap workforce introduced that that they had found a vital vulnerability within the system’s new good contract, which was reportedly instantly reverted to an older model after the difficulty was detected. 

    AirSwap famous on the time that neither AirSwap’s Instant nor Trader merchandise had been affected by the vulnerability, and that solely 9 deal with homeowners had been required to take motion to stop the lack of funds.

    Bug bounties in crypto

    As hacks within the crypto world can lead to the theft of a whole lot of thousands and thousands of {dollars} of tokens, cryptocurrency firms usually flip to bug bounties in an effort to fight those that pose an actual risk to their safety techniques: hackers.

    Often firms will supply bounties on a staggered scale, with the reward worth equivalent to the severity of the bug. Bounties can begin as little as $50 or $100 for low-level fixes, to $10,000 and extra for vital bugs. 

    $50,000 bounty

    In October, MakerDAO needed to repair a vital bug that would have resulted in a whole lack of funds for all platform customers. The HackerOne consumer lucash-dev had disclosed a report that exposed a vital bug in MakerDAO’s deliberate improve, and was rewarded a $50,000 bounty. This bug represented the primary vital discovering within the MakerDAO’sbounty program.

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