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Polygon avoids losses worth $850M; pays out $2M for disclosing vulnerability
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A Whitehat hacker recently disclosed a critical vulnerability on Polygon, one that could have resulted in losses to the tune of $850 million.
However, the Polygon team was quick to assure the community that no user funds were lost due to the exploit. In fact, in return for “responsibly disclosing the bug,” Polygon revealed that it has extended a bounty of $2 million to Whitehat Gerhard Wagner.
Immunefi, a DeFi bug bounty platform, went on to add that it is the highest bug bounty ever paid out in history.
<p lang=«en» dir=«ltr» xml:lang=«en»>As promised, we broke another record. @g3rh4rdw4gn3r found a bug in @0xPolygon's plasma bridge that could have resulted in an $850m loss if exploited.The bounty payout is the largest: $2m.
Bug fixed.
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