Axie Infinity developer launches $1 million bug bounty after Ronin hack
Sky Mavis, the developer behind play-to-earn game Axie Infinity, has launched a bug bounty program after hackers drained $622 million in crypto from the company’s Ethereum sidechain, Ronin, last month.
Sky Mavis promises to pay white hats—aka cybersecurity vigilantes—their bounties in Axie Infinity’s native token AXS, with a “six month vesting period with monthly unlocks for fatal bounties.” The top bounty of $1,000,000 goes to those who can identify “extraordinarily severe issues or those with extreme impact.”