Coinbase, EOS, and Stellar paid $60K to white-hat hackers this week

Sep19

by Sindy Cator on September 19, 2018 at 12:40 pm

Posted In: Around the Web, cryptocurrency, Hard Fork

There has been a sharp increase in payouts from cryptocurrency bug bounties. Major platforms Coinbase, EOS, Stellar, and Augur have all recently rewarded hackers (the good kind) handsomely for discovering security flaws. Notably, Block.one – the company behind EOS – paid out bug bounties worth more than $60,000 over the past week. Six of those bounties were labeled as ‘critical threats,’ earning rewards of $10,000 each – the maximum amount currently offered for discovering individual kinks in EOS. With this week’s bounties, Block.one has awarded a total of more than $500,000 to bug-hunting hackers since launching in May this year.…