Poly Network, a decentralized finance (DeFi) interoperability protocol that was hacked for over $600 million last week, has announced that it will launch a $500,000 bug bounty program to prevent such exploits from happening again.
“In addition to the previous 500k proposal for MrWhiteHat, PolyNetwork officially announces a separate 500k bounty program open for top security agencies,” the protocol’s developers announced on Twitter today.
The project has referred to the attacker as “MrWhiteHat” following several exchanges between them and Poly Network.
#PolyNetwork system is soon about to be relaunched as the team gets things in order to proceed as per the #roadmap . In addition to the previous 500k proposal for #MrWhiteHat, #PolyNetwork officially announces a separate 500k #bounty program open for top #security agencies https://t.co/esvKZsd1IP
— Poly Network (@PolyNetwork2) August 16, 2021
A bug bounty is a common practice in the tech world where companies offer monetar
Źródło: https://decrypt.co/78635/poly-network-offer-500000-bug-bounty-after-600-million-hack
