Hyperbridge Launches Bug Bounty Program on HackenProof

Cross-chain interoperability protocol Hyperbridge has announced the launch of a bug bounty program on the security platform HackenProof. According to Foresight News, independent security researchers can review the Hyperbridge codebase and submit vulnerability reports. These reports will be classified, confirmed, and rewarded within three days of approval. The reward structure includes $200 for low-risk vulnerabilities, $2,000 to $5,000 for medium-risk, $5,000 to $15,000 for high-risk, and up to $50,000 for critical issues. The bounty program covers the entire protocol codebase, addressing issues such as logic flaws, access control, reentrancy attacks, cross-chain message forgery, and state manipulation. All testing must be conducted in a local fork environment, and attacks on live infrastructure are prohibited. Previously, on April 13, Hyperbridge experienced an attack resulting in an estimated loss of approximately $2.5 million.