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Synthetix Reverses Oracle Error-Caused Misplaced sETH in Exchange for a Bug Bounty

Following a recent oracle issue, asset issuance platform Synthetix will reverse the misplaced 37 million synthetic ether (sETH) in exchange for a bug bounty, Synthetix founder Kain Warwick stated on June 25.According to the statement, Synthetix has now resumed trading and transfers after the platform yesterday suffered an oracle

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Ethereum Hackathon ETHDenver Partners With UNICEF on Blockchain Bounty System

Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers to create projects which promote social good, the press release notes.ETHDenver — set to take place February 15-17

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Bitfi Closes Wallet Bounty Program, Removes ‘Unhackable’ From Branding

Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials.In its statement, the company admitted "vulnerabilities," and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to

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‘Unhackable’ Wallet Reportedly Breached, Hackers Claim to Meet Bounty Conditions

A group of researchers claims to have have hacked the Bitfi wallet, the Next Web reported August 12. Bitfi's executive chairman, cybersecurity pioneer John McAfee, has called it “the world’s first unhackable device.” To prove his claim, McAfee challenged security experts to breach the device for a $100,000 bounty starting

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