Cosmos Network’s Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.
A Web3 security researcher earned a bounty reward of $150,000 by reading the Cosmos Network documentation and finding a critical bug that could halt the Evmos blockchain and all decentralized applications (DApps) built on it.
Pseudonymous Spearbit security researcher “jayjonah.eth” received $150,000 for identifying a vulnerability in the Evmos blockchain as part of the Evmos Bug Bounty Program, which has been active since November 2022.
In a blog post published on Oct. 28, he explained coming across the concept of “module accounts” in the Cosmos documentation, which read: