Although the blockchain is often praised for its high level of security, there are enough vulnerabilities in the code of various cryptocurrency projects. Blockchain companies received more than 3 thousand vulnerability reports in 2018 alone.
According to the HackerOne platform, blockchain companies rewarded hackers worth $ 878,504 for providing information about vulnerabilities. At the same time, the creators of the EOS blockchain, Block.One, had the largest campaign. This company allocated $ 534,500 to reward hackers, which represents more than 60% of the total remuneration in the industry.
Coinbase, a large cryptocurrency exchange, was in second place - hackers received $ 290,381. The TRON project is the top three with $ 76,200.
It is noteworthy that Coinbase launched a campaign for rewarding hackers back in 2014. But the corresponding program at Block.One appeared only at the end of May of this year. Moreover, within a week after the launch of the program, one hacker received $ 120,000 for finding several vulnerabilities in the EOS blockchain.
“The average remuneration in the blockchain industry was $ 1,490. This is noticeably higher than the average remuneration for all companies, which was $ 900. One of the best hackers received 7 times more money than the average salary of an engineer in his country”, said a HackerOne representative.
Representatives of the platform stressed that they cooperate with only 64 blockchain companies, although in total in the industry there are more than 2 thousand. Thus, the number of vulnerabilities in the industry should be noticeably higher.
Note that the other day hackers at the 35C3 Refreshing Memories conference announced the vulnerability of hardware wallets Ledger, Trezor One, Ledger Nano S and Ledger Blue. The company immediately responded to this statement and stressed that the vulnerabilities found did not affect the security of the assets stored in the wallet.