HomeSecurityHackers fixed 20 security flaws in Cryptocurrency platforms

Hackers Fix 20 Security Flaws in Cryptocurrency Platforms

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White Hat Hackers continue their efforts to fix security flaws in Cryptocurrency. This work has earned them at least $7,400 from popular platforms such as Monero and Stellar.

According to HackerOne data, seven cryptocurrency-related projects offered rewards to blockchain hackers for identifying and fixing 20 software bugs in the last two weeks.

Platforms and services such as Augur, Monero, ICON, Stellar, Crypto.com, Robinhood and Omise were among those that offered rewards to hackers to fix security issues.

Omise, the company behind the OmiseGO Cryptocurrency, tops the list with eight vulnerability reports in the last fortnight.

Augur had three vulnerability reports with a total cost of $2,850 in rewards, with one “medium risk” bug costing only $2,500.

The Crypto.com service also had three bug reports, worth $2,250.

Monero paid hackers twice for fixes. Stellar also paid only once, but the amount specified for the fix remains unknown.

Robinhood, the company, offered a bounty to fix two bugs, but the details of these vulnerabilities were not disclosed.

Unfortunately, the vast majority of reports remain unpublished and the few that are eventually made public concern small amounts of money.

20 errors and at least $7,400 in payments in just the last two weeks doesn't sound very encouraging and there will surely be more such incidents.

Indeed, from February 13 to March 13, 43 bounties were paid for security fixes on blockchain-related platforms, with a minimum of $23,675 being paid to the hackers who carried them out.

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