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Author Topic: Can this Be The Solution To The Incessant Exchange hacks?  (Read 267 times)
milewilda
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December 08, 2019, 09:47:00 PM
 #41

Hello friends I am of the opinion that exchanges should adopt the system of organising monthly bug bounty campaigns for their platforms with a juicy reward. Its better to pay $100k to bug hunters discovering vulnerabilities within the exchange than loosing over $40m in hacks just like Binance and Upbit. What do you guys think?
No hacker would able to deal with such stuff.It will vary yet not anyone do have that pure heart or passionate enough to took up the deal.
Come to think that if you do able to see a security exploit then you do able to access on wallets or funds. Would you choose $100k reward over millions of usd? I dont think so.
Its a good suggestion though.

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