TheCryptoNews.eu
News

Aurora Pays Out $6M Computer virus Bounty to White Hat Hacker

Aurora Pays Out $6M Computer virus Bounty to White Hat Hacker

The reward is the second greatest in crypto history, consistent with Immunefi.

Key Takeaways

  • Aurora has paid out a $6 million worm bounty to a white hat hacker who warned it of a that which that you can perhaps imagine $330 million exploit.
  • ImmuneFi, which coordinated the bounty and payout, says that the amount is the second greatest reward in crypto history.
  • The Aurora payout is surpassed fully by a $10 million worm bounty from Wormwhole, which used to be paid out in Would possibly well maybe.

Aurora, a blockchain bridge mission, has paid out the second-greatest reward in crypto history after being informed of a vulnerability.

$330 Million In Losses Averted

A white hat hacker by the establish of Pwning.eth came all over and notified Aurora of an exploit in the mission’s Aurora Engine.

The Aurora Engine is an Ethereum Digital Machine (EVM) constructed on the NEAR Protocol. It permits builders to secure and grunt apps for every and every platforms—NEAR and Ethereum—correct now.

Immunefi said in an announcement that the worm interested an infinite spending vulnerability that “might well perhaps were exploited to mint arbitrary ETH in the Aurora EVM at an exponential trip.”


Immunefi estimates that Aurora might well perhaps have misplaced up to 70,000 ETH ($130 million) plus $200 million in varied property through the exploit. No funds were misplaced, though, because the mission lickety-split patched the worm.

Frank Braun, Head of Security at Aurora Labs, acknowledged that “such a vulnerability might well perhaps mute were came all over at an earlier stage of [our] protection pipeline.” On the opposite hand, he added that Immunefi’s worm bounty program has been “precious in incentivizing white hats to stare upon our code atrocious and explain bugs in a to blame formula.”

Pwning.eth used to be awarded a $6 million worm bounty after alerting the mission of the difficulty by skill of Immunefi on April 26.

Computer virus Bounty Breaks Files

In accordance to Immunefi, the $6 million reward paid by Aurora is the second-greatest bounty ever delivered in crypto history.

Handiest one varied bounty had a increased reward: a $10 million reward for the Solana bridge Wormhole that used to be paid out in Would possibly well maybe.

Immunefi is also providing a $10 million reward for the stablecoin mission MakerDAO that has no longer but been paid out, which might well perhaps overtake as of late’s payout and secure it the third-greatest in history.

Up to now, Immunefi has paid out bigger than $40 million in bounties and averted north of $20 billion in hack damage.

DeFi and blockchain exploits might maybe also be catastrophic for protocols. Closing week, digital synthetic property creator Ponder Protocol suffered a $2 million hack that close to destroyed the mission altogether. It previously misplaced $90 million to an odd vulnerability.

Disclosure: At the time of writing, the creator of this half owned ETH and loads of alternative varied cryptocurrencies. 

The guidelines on or accessed through this internet assert material is got from honest sources we imagine to be appropriate and genuine, but Decentral Media, Inc. makes no representation or guarantee as to the timeliness, completeness, or accuracy of any knowledge on or accessed through this internet assert material. Decentral Media, Inc. is no longer an funding manual. We attain no longer give personalized funding advice or varied financial advice. The guidelines on this internet assert material is topic to change with out witness. Some or all of the sure wager on this internet assert material might well perhaps change into out of date, or it’ll be or change into incomplete or unsuitable. We might well perhaps, but are no longer obligated to, change any out of date, incomplete, or unsuitable knowledge.

You would possibly well perhaps mute never secure an funding resolution on an ICO, IEO, or varied funding consistent with the sure wager on this internet assert material, and which that you can perhaps mute never elaborate or otherwise depend on any of the sure wager on this internet assert material as funding advice. We strongly counsel that you search the advice of a licensed funding manual or varied licensed financial expert if you is at likelihood of be in the hunt for funding advice on an ICO, IEO, or varied funding. We attain no longer settle for compensation in any invent for inspecting or reporting on any ICO, IEO, cryptocurrency, forex, tokenized gross sales, securities, or commodities.

Look for corpulent terms and stipulations.

Binance Declares $10M BSC Computer virus Bounty Program

Binance Shipshape Chain has launched a $10 million worm bounty program, aiming to amplify the protection of decentralized applications in the blockchain’s ecosystem.  Binance Shipshape Chain Makes a speciality of Security Binance…

Binance Announces $10M BSC Bug Bounty Program

Polygon Swerves $850M Hack on Ethereum Bridge

Polygon has patched a severe vulnerability that affected its Plasma Bridge. Polygon Pays $2 Million Bounty Ethereum sidechain Polygon has patched a severe worm on its Plasma Bridge contract. A…

Polygon Swerves $850M Hack on Ethereum Bridge

Polygon White Hat Rewarded $75,000 for Saving Billions in User Funds

The worm bounty platform Immunefi has published that Polygon as of late patched a “high severity” vulnerability in the network’s Proof-of-Stake machine that assign billions of bucks in likelihood. Polygon Dodges Serious…

Polygon White Hat Rewarded $75,000 for Saving Billions in User Funds

Read More

Related posts

Bitcoin, Ethereum Purpose to Rebound From Brutal Downturn

The Crypto News

DeFi Alliance Turns into a DAO After Elevating $50M

The Crypto News

Chainlink’s Low-Latency Oracle: An Resolution to DeFi Derivatives’ Challenges

The Crypto News

Leave a Comment

Or Login with

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More