THELOGICALINDIAN - Cardano has appear that it is acceleration its bug bounties for hackers who acquisition and address vulnerabilities on the arrangement Bug bounties are not a new affair and all projects action it in one anatomy or addition However with the accelerated clip of exploits in the decentralized accounts DeFi amplitude projects like Cardano are aggravating to break one footfall of attackers in all aspects An able way of accomplishing this is alms aperitive letters for those who chose to address a bug rather than accomplishment it for claimed gain
Cardano Foundation Doubles Bounties
Cardano Foundation had ahead posted bounties for both the Cardano wallet and Cardano Node. These two categories agitated compensation rewards about four sub-categories anniversary depending on the akin of criticality. These bounties had the everyman accolade at $300 ahead but with the new update, the Cardano Foundation has about angled the rewards for anniversary category.
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The Cardano wallet class now has a $600 accolade for low-risk vulnerabilities. Medium goes as aerial as $2,000, aerial accident is $6,000, while the best important one, critical, acceptation that they charge to be abounding to anon is now $7,500.
For the added sub-category accepted as Cardano Node, it is advised as added of a college antecedence compared to its counterpart. This is why it agitated college rewards afore the amend and this has run into the new rewards.
For low-risk bugs in the Node ancillary of things, the accolade has now been adapted to $800. Medium and aerial accident are billed at $4,000 and $10,000 respectively. While analytical vulnerabilities go up to $20,000.
All of this is done in a bid to added defended the arrangement by incentivizing hackers to address bugs rather than accomplishment them for themselves. Over the accomplished 90 days, the foundation has accustomed a absolute of 12 reports. Two hackers accept been thanked for their contributions, and a absolute of $2,300 has been paid out in bounties so far.
ADA On The Charts
On the amount ancillary of things, Cardano is not accomplishing as able-bodied as the account advancing out from its headquarters. The agenda asset continues to barter aloof a tad bit aloft $1, throwing the majority of its investors into the accident territory.
It is additionally trading beneath its 5-day, 20-day, 50-day, and 100-day affective average. This indicates that investors are still actual bearish in the altcoin both in the abbreviate and connected term. It additionally credibility to added downside accepted to appear with connected low momentum. If anything, this metric does not allege able-bodied for the concise angle for the agenda asset and investors’ alertness to advance in it.
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ADA is trading at $1.08 at the time of this writing, with a bazaar cap of $33 billion.
