Axie Infinity developer announced a reward for “white” hackers up to 1 million
The decision was made after Sky Mavis lost $625 million due to a vulnerability in a smart contract
13.04.2022 - 07:35
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What’s new? Sky Mavis, the developer of the Axie Infinity game, has launched a bounty program for detecting bugs in smart contracts and blockchain. For detecting “extraordinarily severe issues” the reward can be as much as $1 million, the company’s chief operating officer Aleksander Leonard Larsen posted on Twitter.
More details about the rewards. Sky Mavis promises to pay “white” hackers rewards in Axie Infinity’s native token AXS. The company is promising a $100 000 reward for finding “critical” vulnerabilities. For “low,” “medium” and “high” risk bugs, the rewards are $1 000, $5 000, and $50 000 respectively.
The decision was made after the Ethereum-compatible Ronin network suffered a hacking attack that caused Sky Mavis to lose more than $625 million. The hacker managed to gain control of validator nodes and withdrew 173 600 ETH and 25,5 million USDC.
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