Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
LlamaRisk: Circle and Tether's bug bounty programs are far from sufficient

LlamaRisk: Circle and Tether's bug bounty programs are far from sufficient

金色财经2025/09/11 05:36

Jinse Finance reported that Circle and Tether are currently being questioned by DeFi risk management company LlamaRisk due to their "seriously inadequate" bug bounty programs, with the highest rewards not even exceeding $10,000. On September 1, LlamaRisk released a report evaluating the bug bounty programs of crypto assets listed in the Aave V3 protocol. The report found that among the assets supplied by Aave, 33 assets (worth $19.7 billion) have bug bounty programs considered "adequate." However, another 10 assets (worth $19.2 billion) either have no bug bounty program or are severely lacking. LlamaRisk pointed out that although Circle manages $70 billion in assets, its bug bounty is "seriously inadequate," at only $5,000. Tether, which manages $160 billion in assets, offers a bug bounty of only $10,000. Other assets with low bug bounty amounts include BitGo wrapped bitcoin, Gnosis, and Ripple; while Etherfi, Monerium, PayPal, and Agora were marked as having no active bug bounty programs at all.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
A certain whale address deposited 4 million USDT into HyperLiquid to raise the entry average price of its 20x leveraged ETH short position.
2
A certain whale's high-leverage long positions in BTC and Meme coins have yielded over $9 million in unrealized profits, with take-profit limit orders already set.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,971.29
+0.73%
Ethereum
Ethereum
ETH
$4,715.19
+3.98%
XRP
XRP
XRP
$3.17
+3.72%
Tether USDt
Tether USDt
USDT
$1
+0.01%
Solana
Solana
SOL
$242.08
+1.15%
BNB
BNB
BNB
$939.83
+3.65%
USDC
USDC
USDC
$0.9997
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2952
+13.16%
Cardano
Cardano
ADA
$0.9420
+5.41%
TRON
TRON
TRX
$0.3530
+1.22%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter