Quote from: flayway on February 19, 2014, 11:11:05 PM

Quote from: ginko-B on February 19, 2014, 10:21:12 PM

Quote from: led_lcd on February 19, 2014, 09:56:47 PM

Was it mentioned if the hacker/white hat was going to return the BTC that they withdrew?

If they don't return that BTC, Poloniex would be out of pocket in a huge way.

I hope we can pull together an adequate bounty for the white hat such that they will return all BTC.

Does anyone know, what is market-rate for identifying a critical exploit these days? What are Google and some of the big tech companies paying, for example?

Maybe if we make bigger critical exploit bounty than google pay we can get some mainstream news also about that, but then all hackers coming try kill us coin same time. Cheesy

Flayway, it is a most interesting observation that you make! You are right, it could be expensive if we attract a bunch of top hackers before we are out of the alpha phase and code is still rapidly changing. Nevertheless, offering some market-rate bounties may be the price we have to pay to ensure safety and security of our code base... would love to hear perspectives of the devs and other community members on this question...