Whitehat Bugdefeat disclosed a important vulnerability in Teller to Immunefi on July 30. That vulnerability, which consisted of an uninitialized proxy, might have led to a lack of greater than 1 million DAI if exploited. No consumer funds had been misplaced, and the vulnerability has been patched. Though Teller didn’t have a bug bounty program on the time of the report, they’re awarding the whitehat with a $50,000 bounty. Since greater than 1 million in funds had been in danger, the whitehat can even obtain the Founders Bounty, supplied by ArmorFi CTO Robert Forster through Immunefi. The Founders Bounty is a reward of 125,000 ARMOR tokens, vested over 24 months, which is given out to any hacker who finds a vulnerability in any dwell Ethereum challenge the place greater than 1 million in funds is in danger.
After this beautiful success with accountable disclosure, Teller is becoming a member of Immunefi with a bug bounty at this time, that includes a $50,000 award for important vulnerabilities. You could find extra particulars on Teller’s bug bounty page.
Particulars on the vulnerability and repair within the hyperlink under…
Teller Bug Fix Postmortem and Bug Bounty Launch