White hat hackers discovered a vulnerability in Injective that endangers $500 million in assets, receiving only a $50,000 reward which has not yet been paid

By: rootdata|2026/03/16 11:42:00

White hat hacker f4lc0n posted on the X platform revealing that he discovered a "critical" vulnerability in the Injective protocol that could lead to over $500 million in assets being directly withdrawn from the blockchain. However, the project team only offered him a $50,000 bounty, far below the planned maximum limit of $500,000 for this level of severity.

f4lc0n stated that the vulnerability allows any user to empty any account on the blockchain without special permissions. After submitting a report through Immunefi, the Injective team initiated a mainnet upgrade vote the next day to fix the vulnerability, but they were "unreachable" for the following three months.

Currently, f4lc0n has disputed the amount of the bounty and stated that the $50,000 bounty has not yet been paid. He announced that he will allocate 10% of future bug bounty earnings to continue publicizing this matter until Injective pays the compensation as per the standard.

-- Price

In an interview, MicroStrategy founder Michael Saylor characterized Bitcoin as digital capital and gold, proposing a three-tier investment framework. He stated that its volatility continues to decrease and long-term returns outperform traditional assets, while also advising young people to read hist...

Morning Report | USDC issuance increased by approximately 1.7 billion in one week; Aave will launch the Aave Shield feature; total circulation of Ethereum is approximately 121.53 million

Overview of Important Market Events on March 15

Circle CEO's latest interview: Stablecoins are not crypto assets

The true meaning of stablecoins is to transform the US dollar into a native currency of the internet, ultimately forming an internet financial platform.

Crypto ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $763 million; the net inflow for Ethereum spot ETFs in the U.S. was $160 million

Grayscale launches Avalanche staking ETF on Nasdaq.

This Week's Key News Preview | The Federal Reserve Announces New Interest Rate Decision; The U.S. Releases February PPI Data

Highlights of the week from March 16 to March 22.

From Human Strategy to AI Trading Bot: How Shadow Trading AI Won 2nd Place in the WEEX Hackathon

Ivan’s Shadow Trading AI secured second place in the WEEX AI Trading Hackathon, demonstrating how AI trading systems built on real market expertise can perform under live market conditions.

Circle CEO’s Insight: The Future of Stablecoins and Digital Financial Platforms

Key Takeaways: Circle completed a noteworthy IPO in 2025, signifying a major milestone in the crypto space. The…

NVIDIA GTC 2026 Set to Gather Global Tech Enthusiasts

Key Takeaways: NVIDIA GTC 2026 will occur in San Jose from March 16-19, bringing together over 30,000 participants.…

What Competitive Edges Still Remain in the AI era?

Key Takeaways: AI’s ability to write code and automate tasks is reshaping traditional job structures, pushing for new…

Aave’s New Protective Layer: Introducing Aave Shield

Key Takeaways: Aave has introduced the Aave Shield feature, designed to block swaps with a price impact exceeding…

Vitalik Revisits Ethereum Beacon Chain Architecture, Claude's Off-Peak Transaction Limit Doubled, What Are English-Speaking Communities Discussing Today?

In the past 24 hours, what was the most concerning issue for foreigners?

$90 Million Black Hole: War, Power, and the Crypto-Tragedy of the Middle East

$90 Million Burned, Not Stolen, in Apparent On-Chain Political Cleanup Action.

The price difference exceeds 50%, and the pre-market arbitrage market for cryptocurrency stocks will become a new business in the crypto bear market

In a bear market, what to Buidl? Besides having a counter-cyclical mindset, one must also find the "cracks" in existing services.