A security researcher disclosed critical vulnerabilities in Moonbeam and Aurora EVM-based networks, protecting over $100M in DeFi assets and earning $1M+ in bug bounties through the discovery of delegatecall misuse and design flaws in layer-2 solutions. The article also discusses potential insolvency risks in wrapped token protocols like WETH.
A security researcher (pwning.eth) disclosed critical smart contract vulnerabilities in blockchain protocols, earning substantial bug bounties including $1M from Moonbeam for discovering a delegatecall design flaw protecting $100M+ in DeFi assets, and $6M for an Aurora Engine vulnerability that could have resulted in 70,000 ETH being stolen.
A security researcher disclosed critical vulnerabilities in Moonbeam and Aurora Engine smart contracts, earning record bug bounties ($1M from Moonbeam, $6M from Aurora) by identifying delegatecall misuse and design flaws that put over $100M in DeFi assets at risk.