Close Menu
CoinNewsJunction.comCoinNewsJunction.com
    What's Hot

    EU banks double their MiCA presence to 80

    September 19, 2026

    Ulga podatkowa MicroStrategy. Co oznacza dla rynku krypto?

    October 22, 2026

    Bitcoin Stalls At $66,000 As Market Quietly Prepares For A Downside Draw

    April 5, 2026
    Facebook X (Twitter) Instagram
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram
    CoinNewsJunction.comCoinNewsJunction.com
    • News

      Canada P2P crypto activity falls as student permit numbers decline

      October 22, 2026

      Project Eleven and Relm Explore Quantum Risks in Crypto Insurance

      October 21, 2026

      South Korea Faces Fresh Push To Delay Crypto Gains Tax Until 2029

      October 20, 2026

      Bitcoin inflows to US set to turn positive in 2026, Chainalysis says

      October 16, 2026

      State of TRON Q3 2026 Report Highlights $2.21 Trillion in Stablecoin Settlement Amid Network Activity Growth

      October 14, 2026
    • Technology

      Monero Rally Tests $558 as XMR Open Interest Reaches $261M

      October 22, 2026

      Luganodes opens TRON RPC access with 25M free monthly compute units

      October 21, 2026

      Five Academics Say Reg Crypto Should Be Re-proposed

      October 20, 2026

      White House Crypto Leadership Gap Grows as Patrick Witt Exits

      October 19, 2026

      Shield Swap partners with Flowdesk for confidential institutional trading

      October 18, 2026
    • Learn/Guide

      What Happens to Your Crypto If an Exchange Goes Bankrupt?

      October 22, 2026

      AI Chip Market Statistics 2026: NVIDIA, AMD, Broadcom and More

      October 21, 2026

      How Much Can You Realistically Make From Crypto Staking?

      October 20, 2026

      AI Agent Statistics 2026: Adoption, Costs and Results

      October 19, 2026

      Tokenized Real-World Assets Statistics 2026: Market Size, Growth and Top Asset Classes

      October 18, 2026
    • Regulation

      Ulga podatkowa MicroStrategy. Co oznacza dla rynku krypto?

      October 22, 2026

      Sky’s New Auditor Rankings and October 22 Deadline: Why CertiK Was Left Out

      October 21, 2026

      Cronos v1.8 Embeds Its Parallel Engine in the SDK and Here Is What That Means

      October 16, 2026

      Who’s Next After Bitwise’s Nine ETFs? Nine Filed Coins Are Still Waiting

      October 15, 2026

      WLFI Staking Locks 54.18 Million Tokens in Its First Two Weeks representing 0.17 Percent of Circulating Supply

      October 14, 2026
    • Live Pricing Chart
    CoinNewsJunction.comCoinNewsJunction.com
    Home»Technology»Hyperbridge launches $50K bug bounty after bridge exploit
    Technology

    Hyperbridge launches $50K bug bounty after bridge exploit

    May 15, 20263 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Hyperbridge launches $50K bug bounty after bridge exploit - 1
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Hyperbridge has launched a public bug bounty program on HackenProof, offering rewards of up to $50,000 for critical vulnerabilities. 

    Summary

    • Hyperbridge offers $50,000 rewards for critical bugs as researchers review cross-chain messaging and fund safety.
    • The program follows April’s fake DOT exploit that exposed proof verification risks across Hyperbridge systems.
    • HackenProof rules require proof-of-concept reports while banning live attacks and third-party exploit testing by researchers.

    The program invites independent security researchers to review the protocol codebase and submit reports through the security platform.

    The HackenProof page lists the Hyperbridge Protocol program as live and active. It describes Hyperbridge as a system that lets blockchains communicate and transfer assets through consensus and state proofs, rather than older bridge models that rely on multisig committees.

    Rewards cover key bridge risks

    Hyperbridge said rewards start at $200 for low-severity reports and rise to $2,000–$5,000 for medium findings. High-severity bugs can earn $5,000–$15,000, while critical vulnerabilities can receive up to $50,000.

    The scope covers the full Hyperbridge protocol repository. The team said researchers can report logic flaws, access-control issues, reentrancy, cross-chain message spoofing, state manipulation and any flaw that could affect message or fund integrity.

    April exploit pushed security review

    The program follows an April exploit in which an attacker minted roughly 1 billion fake DOT-equivalent tokens on Ethereum through Hyperbridge’s cross-chain gateway. Crypto.news reported that the attacker gained admin control through a forged cross-chain message and extracted about $237,000 in ether.

    The same report said the fake supply affected the bridged DOT representation, while Polkadot’s native network remained technically unaffected. It also linked the case to wider bridge risks, where forged messages and weak verification checks remain common attack paths.

    In addition, Hyperbridge said testing must happen on local forks only. Live infrastructure attacks, social engineering and third-party exploits are outside the program’s scope.

    The HackenProof page also requires proof-of-concept submissions and lists rules against service disruption, personal data access, spam, DDoS testing and reports that rely only on theory. It says researchers must stay within scope and avoid public disclosure without approval.

    Cross-chain use case remains active

    Hyperbridge had already appeared in crypto.news coverage before the exploit. In May 2025, Enjin Blockchain used Hyperbridge on testnet to support cross-chain stablecoin transfers involving USDC and USDT from Ethereum and BNB Chain.

    That earlier setup showed why bridge security matters. Users lock tokens on one chain and receive a matching version on another network. When proof checks fail, the risk can move from one contract into a wider cross-chain system. The new bounty places Hyperbridge’s code under wider review as the protocol works to reduce repeat failures.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Monero Rally Tests $558 as XMR Open Interest Reaches $261M

    October 22, 2026

    Luganodes opens TRON RPC access with 25M free monthly compute units

    October 21, 2026

    Five Academics Say Reg Crypto Should Be Re-proposed

    October 20, 2026

    White House Crypto Leadership Gap Grows as Patrick Witt Exits

    October 19, 2026
    Top Posts

    Bitcoin BIP-110 fork could expose holders to replay attacks

    August 8, 2026

    Reset ahead as 90D open interest falls

    February 27, 2026

    Ark Invest buys more Circle, Bullish and BitMine as stocks fall sharply

    November 20, 2025

    Welcome to CoinNewsJunction.com! Your go-to source for fast, reliable updates from the ever-evolving world of cryptocurrency. Whether it's Bitcoin, altcoins, blockchain breakthroughs, or DeFi trends, we bring you timely insights, expert analysis, and key developments shaping the future of digital finance. Stay ahead with real-time crypto news and in-depth coverage.

    Top Insights

    Canada P2P crypto activity falls as student permit numbers decline

    October 22, 2026

    Project Eleven and Relm Explore Quantum Risks in Crypto Insurance

    October 21, 2026

    South Korea Faces Fresh Push To Delay Crypto Gains Tax Until 2029

    October 20, 2026
    Advertisement
    Demo
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    © 2026. Designed by CoinNewsJunction.com.

    Type above and press Enter to search. Press Esc to cancel.