Hedera Launches a New Bug Bounty Program on Immunefi to Secure its Proof-of-Stake Network

Hedera Launches a New Bug Bounty Program on Immunefi to Secure its Proof-of-Stake Network

Hedera is reinforcing its commitment to blockchain security with a new Bug Bounty Program on Immunefi!

As a cutting-edge, proof-of-stake network, Hedera is leveraging the most active and trusted community of onchain security researchers to strengthen its platform’s defenses.

Founded on a unique hashgraph consensus algorithm, Hedera has grown into a major force in the blockchain space, offering developers three primary services: Solidity-based smart contracts, consensus, and token services.

Their platform stands out for its incredible speed, energy efficiency (with carbon-negative operations), and robust security infrastructure.

Huge Rewards for Security Researchers

To attract the most skilled security researchers, Hedera is offering significant rewards for finding and responsibly disclosing vulnerabilities:

  • Critical: $10,000 to $30,000
  • High: $3,000 to $10,000
  • Medium: Flat $3,000

Rewards for the Hedera Bug Bounty Program will be paid in HBAR Payments for this program will be calculated using CoinMarketCap and CoinGecko averages.

Hedera Bug Bounty Program: Important Details

The impacts that will help you earn those critical bounties include:

  • Network shutdown
  • Permanent chain splits
  • Direct fund losses
  • Unintended transaction processing

Important details to be aware of include:

  • Launch Date: February 1, 2025
  • KYC: Required
  • Proof of Concept (PoC): Required

Setting a New Standard for Onchain Security

Security remains an ongoing concern for blockchain projects. Hedera’s proactive approach, demonstrated by this bounty program, underscores its commitment to protecting users, assets, and its expansive ecosystem.

By partnering with Immunefi, Hedera is not only tapping into the largest network of elite security researchers but also ensuring timely, transparent payouts.

Ready to Join the Hunt?

Visit the Hedera Bug Bounty Program page on Immunefi now! Researchers will need to complete KYC and provide a Proof of Concept (PoC) for identified vulnerabilities.

Join us in safeguarding the future of web3. Happy hunting!