According to the statement made by Coinbase today, the company has distributed $ 400 thousand in rewards under the bug bounty program since the beginning of this year.
Coinbase believes that bounty hunters working independently of the company security vulnerabilities He started a bug bounty program 10 years ago to find it.
According to the company’s statement today, in the past 10 years, almost 500 bounty hunters contributed to this program.
Hackers who discovered Coinbase’s vulnerabilities Fix more than 600 bugs it helped.
Coinbase management will only allow bounty hunters to contribute to the program approximately in 2022. 400 thousand dollars made the payment.
While the average value of the company’s rewards is around $200, Coinbase’s He gave $250,000 to a bounty hunter who discovered a vulnerability in the trading interface. had also happened.