Bug bounties

PARIS, FRANCE - APRIL 12: In this photo illustration, the logo of the Coinbase cryptocurrency exchange app (C) is displayed on the screen of an iPhone on April 12, 2021 in Paris, France. Coinbase, America's leading cryptocurrency exchange, arrives on Wall Street on Wednesday April 14 as part of a 'direct introduction'. An IPO, eagerly awaited by crypto enthusiasts, which could value the Californian company at more than 100 billion dollars. Taking advantage of exploding demand for digital currencies, Coinbase said last week that it expects to make a profit of $730 million to $800 million in the first quarter of 2021, more than double the total profit in 2020. Revenues for the first three months of 2021 have likely exceeded last year's, to nearly $1.8 billion. (Photo by Chesnot/Getty Images)
Coinbase Foils Extortion Attempt, Reinforces Bug Bounty Program
A self-proclaimed "hacker" demanded $450,000 after falsely claiming to be in possession of sensitive Coinbase customer data.
PARIS, FRANCE - APRIL 12: In this photo illustration, the logo of the Coinbase cryptocurrency exchange app (C) is displayed on the screen of an iPhone on April 12, 2021 in Paris, France. Coinbase, America's leading cryptocurrency exchange, arrives on Wall Street on Wednesday April 14 as part of a 'direct introduction'. An IPO, eagerly awaited by crypto enthusiasts, which could value the Californian company at more than 100 billion dollars. Taking advantage of exploding demand for digital currencies, Coinbase said last week that it expects to make a profit of $730 million to $800 million in the first quarter of 2021, more than double the total profit in 2020. Revenues for the first three months of 2021 have likely exceeded last year's, to nearly $1.8 billion. (Photo by Chesnot/Getty Images)

Immunefi CEO Mitchell Amador (Immunefi)
Framework Ventures Leads $24M Round for Web3 Security Platform Immunefi
Immunefi focuses on bug bounties for crypto projects.
Immunefi CEO Mitchell Amador (Immunefi)

(RoonZ nl/Unsplash)
MetaMask, Phantom and Other Browser Wallets Patch Security Vulnerability
There is no evidence the vulnerability was ever exploited by attackers, meaning no user funds are believed to have been impacted.
(RoonZ nl/Unsplash)

Maze
Calling a Hack an Exploit Minimizes Human Error
After the Wormhole event, it's worth asking about crypto's reliance on and trust in code.
Maze

Polygon exploit
Polygon Discloses Patched Exploit That Put 9B MATIC at Risk
“There is a natural tension between security and transparency,” Polygon’s team said in a Wednesday blog post.
Polygon exploit

red bug
Bitcoin-Based DeFi Protocol Sovryn Raises $10M, Offers $1.2M Bug Bounty
The London-based DeFi project raised the equivalent of $10 million in bitcoin through the presale of its governance token.
red bug

Software bug
DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves
ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug.
Software bug

Chain broken
Elrond Will Pay You $60,000 to Break Its Blockchain
Elrond is conducting a “trial by fire” exercise on its blockchain protocol, offering big bounties to white-hat hackers who can disrupt the network.
Chain broken

Polkadot founder Gavin Wood
Amberdata Discovers 'RPC Call' Bug in Parity Ethereum Client
A new code release of the Parity ethereum client was released on Thursday to patch a security vulnerability found by blockchain startup Amberdata.
Polkadot founder Gavin Wood

(Syda Productions/Shutterstock)
Coinbase Just Paid a $30K Bounty for the Discovery of Critical Bug
San Francisco-based crypto exchange desk Coinbase has just forked out a $30,000 bounty to the finder of a critical bug in its systems.
(Syda Productions/Shutterstock)