Arbitrum paid 400 ETH to "white hat hacker" for code bug
BlockBeats news, September 21, according to The Block, an anonymous white hat hacker "0xRiptide" has been awarded 400 ETH (about $520,000) for discovering The Arbitrum payment code vulnerability, which involves $250 million in assets.
According to "0xRiptide" revealed, its Arbitrum Nitro upgrade a few weeks before the beginning of the vulnerability, and eventually found that the vulnerability can make the bridge joint about before the start of the initialization and accept deposits, which means that hackers can set their own address bridge address and imitate the actual contract, and accept ETH deposits.