Wormhole digs out of its hole with new security measures to move on from $320M hack | TechCrunch
News Summary
- An attacker exploited a vulnerability in the Wormhole liquidity bridge between the Ethereum and Solana blockchains and stole about wrapped ether worth about million today
- Since the hack the company has stepped up its security launched two million bug bounty programs and had a handful of third party firms do a number of audits to resolve critical issues
- The company has paid out several bounties and by the end of the year it plans to add three core contributing teams that will be building in various capacities Dan Reecer head of operations at Wormhole Foundation said
Many projects and companies would simply give up if theyd been hacked and had hundreds of millions stolen from their ecosystem partners, but it appears Wormhole isnt one of them.Last year, an attac [+2593 chars]
