RATE Group | With $417K, EOS accounts for two-thirds of all cryptocurrency bug bounties in 2018
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With $417K, EOS accounts for two-thirds of all cryptocurrency bug bounties in 2018

With $417K, EOS accounts for two-thirds of all cryptocurrency bug bounties in 2018

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As interest, adoption, and venture funding in blockchain tech continue to rise, so do attacks from hackers. In an effort to counteract potential threats, a growing list of startups in the cryptocurrency space have opted to launch programs to invite hackers to disclose vulnerabilities responsibly – instead of exploiting them for personal gains. And data suggests the strategy is working.

The total number of blockchain companies with active vulnerability disclosure programs has almost doubled since last year, according to HackerOne stats shared exclusively with Hard Fork. The stats also suggests the overall number of vulnerability submissions for blockchain companies is also on track to double in 2018.

HackerOne refrained from sharing the exact number for this year, but there are more than 3,000 blockchain-related vulnerability submissions on its platform in total.

Additionally, the data shows that compared to last year, the total sum of bounties…

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