To the DeFi community,
This week, Ethereum scaling solution Optimism paid a $2 million bug bounty for the discovery of a bug that would have allowed users to double spend and generate an unlimited amount of tokens without backing. The exploit has been patched, and bug bounties yet again prove one of the most valuable resources for early-stage protocols where security is paramount.
Last week, I discovered (and reported) a critical bug (which has been fully patched) in @optimismPBC (a „layer 2 scaling solution” for Ethereum) that would have allowed an attacker to print arbitrary quantity of tokens, for which I won a $2,000,042 bounty. https://t.co/J6KOlU8aSW
— Jay Freeman (saurik) (@saurik) February 10, 2022
Competing scaling solution Polygon announced a private sale of $450m MATIC tokens to investors including Sequoia Capital India, Softbank, and Galaxy Digital. The funds will go towards helping Ethereum maintain its status as the dominant smart contract execution blockchain, and
We współpracy z: https://defirate.com/this-week-in-defi-february-11/
