When Web3 bug bounty platform Immunefi launched two years ago, CEO and founder Mitchell Amador says the bug bounties weren't great and adoption was slow. But the tides started to turn because even if exploiting a smart contract nets a bigger payday than a bounty, it comes with a huge drawback. "There's a ton of risk when you engage in this, you know, wantonly criminal behavior and steal $200 million from someone else," he said. "There's no way someone's not going to come looking."
For more from Decrypt, visit decrypt.co and follow @gmdecrypt on Twitter.
Be sure to join the gm Telegram room for direct access to our hosts and guests.
Hosts and guests:
Stacy Elliott
Twitter: @stacyannj
Liam Kelly
Twitter: @Liam_Gallas
Mitchell Amador
Twitter: @MitchellAmador
Podcast thumbnail art by Grant Kempster
Hosted on Acast. See acast.com/privacy for more information.
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