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Manufacturer Axie Infinity launches bug bounty program following $600 million Ronin hack.
Sky Mavis, the studio behind the popular game Axie Infinity, has announced a reward for finding security vulnerabilities in its ecosystem after stealing over $600 million from the Ronin network.
The bug bounty announced on Tuesday spans two categories, covering both smart contracts and network-related issues. The reward for vulnerabilities in the blockchain ecosystem and smart contract infrastructure will range from $1,000 to $1,000,000 depending on the severity.
Some of the priority smart contract vulnerabilities listed by Sky Mavis include re-entry, oracle manipulation, and signature flexibility, among others. Other bugs the team wants white hat hackers to look into include authentication bugs, instant credit attacks, and forward launch susceptibility.
Bugs in the web or app interface will be rewarded between $50 and $15,000, also depending on severity. The Sky Mavis team has stated that they may also award additional bonuses for exceptional bug reports.
The blockchain game studio will pay bug bounties in their AXS token. The Fatal Awards, which require a $1 million reward, will include an eligibility requirement with a six-month tenure. This means that recipients will only be able to liquidate a certain portion of the funds per month.
Sky Mavis’ announcement of bugs is the latest step taken since the Ronin hack. In March, an attacker managed to withdraw $600 million from the Ronin Bridge.
Other actions taken after the hack include replacing validators compromised by the attack. Sky Mavis also raised $150 million in compensation for users affected by the incident.
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