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When a bug is found, the hacker earns about Rs 175 million

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When a bug is found, the hacker earns about Rs 175 million A white-hat hacker (cybersecurity researcher) has received the biggest bug bounty award ever. On February 3, Armor Fi paid a white-hat hacker named Alexander Slindwine 1.5 million, or about  175 million, for finding a sensitive bug in his smart contract. Alexander discovered the bug before going to the insurance brokerage platform Armor Fi Live. If the bug had been left unchecked, it would have allowed a bad character with a dollar coverage to steal the entire Armor Fi underwriting contract. The company has since provided 1 million armor tokens to Alexander. At the time of the announcement of the Bounty Reward, one million tokens were worth 700,000. But as news of the new bug bounty and security patch spread, public confidence in the platform increased, pushing the price of the token by 1.58. At the same time, the total value of Alexander's token has reached 1.5 million dollars. Which has made this bounty the biggest bounty

TikTok launched the Bug Bounty program to strengthen security

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TikTok launched the Bug Bounty program to strengthen security The video app is in a difficult situation due to sanctions from countries like India, Pakistan, and Indonesia and the ongoing war with the US government. Instead of sinking into the abyss of despair, the company, which is facing many challenges at once, seems to be fighting like a true warrior on the battlefield. TikTok is partnering with several platforms to enhance its image, such as TikTok recently partnering with OpenSlate for advertiser brand protection. It has now announced the launch of the Bug Bounty program in partnership with HackerWan. The Bug Bounty program is an extension of the already-running Vulnerability Disclosure Program, the company said. Explaining the purpose of the event in a blogpost, TikTok said the partnership with Hackervan would help the company secure the support of security researchers, experts, academics, and other independent individuals capable of detecting bugs and vulnerabilities. This boun