Pump.fun, a Solana-based memecoin launchpad, has introduced an open bounty platform offering crypto rewards for extreme promotional tasks, raising concerns over safety, moderation, and legal exposure.
AI is flooding bug bounty programs with fake reports, forcing companies like Nextcloud and HackerOne to suspend them. This surge in low-quality submissions strains security teams and impacts the effectiveness of these programs, despite significant payouts in the past.
Crypto protocols are experiencing a massive influx of AI-generated bug bounty submissions, with Cosmos Labs reporting a 900% increase in volume. The surge, driven by AI tools that can sift through code but also hallucinate vulnerabilities, is straining teams and forcing some programs to adapt or shut down.
Crypto protocols are grappling with a surge in AI-generated bug bounty submissions, with Cosmos Labs reporting a 900% increase in volume to 20-50 per day. The influx of low-quality reports, including false positives from AI tools that hallucinate vulnerabilities, is straining security teams and prompting some programs to adapt their triage processes.
