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WEMIX Relaunches Security Bug Bounty Program With CertiK Offering Up to $10,000 Payouts

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Blockchain ecosystem WEMIX (CRYPTO:WEMIXUSD) has relaunched its joint bug bounty program alongside security provider CertiK. The updated initiative, hosted on the CertiK Hunt platform, features a revised reward structure and updated scope aimed at strengthening the security of the WEMIX3.0 mainnet.

Under the new framework, security researchers can earn rewards ranging from $100 to $10,000 depending on the severity of the identified vulnerability. Participation is limited to pre-vetted researchers, with reporting privileges reserved for those in the top Vanguard tier. Approved rewards are denominated in USD and distributed in Tether on the Ethereum network following verification and identity checks.

The program focuses on core components including the WEMIX3.0 blockchain and Governance Smart Contracts. Continuous vulnerability identification remains key to protecting user funds and network operations as WEMIX expands its Web3 gaming and financial services.

Key points

  • WEMIX and CertiK have relaunched their joint bug bounty program on the CertiK Hunt platform to enhance WEMIX3.0 security.
  • The program offers rewards up to $10,000 for critical code vulnerabilities, paid in Tether on Ethereum.
  • Only security researchers who pass CertiK's vetting process and reach Vanguard status can submit vulnerability reports.
  • Target areas for bug reports include the main WEMIX3.0 blockchain network and Governance Smart Contracts.

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Questions and answers

What is the maximum reward in the WEMIX bug bounty program?

The program offers payouts up to $10,000 in Tether for critical vulnerabilities, such as major network outages or direct financial loss risks.

Who can submit reports to the WEMIX CertiK Hunt bug bounty program?

Participation is restricted to vetted security researchers who have passed CertiK evaluation and attained Vanguard-level status.