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
633
2 min
0
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.
Useful material?
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Telegram
Twitter