Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit Amid an ongoing class-action lawsuit
related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18,
the development team invited ethical hackers and security experts globally to scrutinize the open-source code for potential vulnerabilities. White hat hackers
who discover the most severe vulnerabilities, defined as those allowing an over-the-internet attack
without physical access, installed malware, or social engineering, stand to earn $100,000 under the program. The bug bounty program is designed to enhance the security of the wallet and minimize the risk of future cyber threats. The bounty program also offers compensation ranging
from $500 to $10,000 for hackers who identify bugs or flaws not meeting the criteria of the most serious vulnerabilities. The reward depends on the severity of the vulnerability,
with $5,000 allocated for a “high-risk” discovery and $10,000 for a “critical-risk” one. The total bounty pool for all discoveries is set at $1 million.
