AirSwap Offers Up to $20,000 For Its Bug Bounty
Joeri Cant's original article for cointelegraph.com reduced by 73%
Ethereum decentralized exchange protocol AirSwap announced that it is running a bug bounty program with rewards up to 20,000 DAI. It begins now and continues indefinitely. On Dec.
4, the AirSwap team said that the value of the bug bounty rewards will depend on the severity of the bug found, according to the OWASP risk rating methodology and as judged by the AirSwap team. The AirSwap bug bounty rewards go up to 250 DAI for a low-level fix, and up to 2,000 DAI for a high-level fix. If the AirSwap team decides that the risk severity has reached a critical level, the reward will go up to 20,000 DAI.In September, the AirSwap team announced that they had discovered a critical vulnerability in the system's new smart contract, which was reportedly immediately reverted to an older version after the issue was detected.
Bug bounties in cryptoAs hacks in the crypto world can result in the theft of hundreds of millions of dollars of tokens, cryptocurrency companies often turn to bug bounties in an effort to combat those who pose a real threat to their security systems: hackers. Often companies will offer bounties on a staggered scale, with the reward price corresponding to the severity of the bug. The HackerOne user lucash-dev had disclosed a report that revealed a critical bug in MakerDAO's planned upgrade, and was rewarded a $50,000 bounty.
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CN [too long; didn’t read]
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