Arbitrum rewards hackers with 400 ETH for discovering a $400 million critical vulnerability

On September 19, Arbitrum, one of the most popular Layer 2 solutions for Ethereum, paid 400 ETH (~$560,000) to a white-hat hacker who found a potential vulnerability in its code. The white-hat hacker, known on Twitter as Riptide, discovered vulnerabilities in smart contracts written in Solidity. Riptide said the “multi-million dollar weakness” could affect anyone … Read more