Unbelievable $16M Bug Bounty: Usual’s Revolutionary Step in Crypto Security
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Apr 02 2025Massive Bug Bounty Announcement: Usual, a decentralized stablecoin protocol, has launched a groundbreaking $16 million bug bounty program in collaboration with blockchain security firm Sherlock, aimed at enhancing security within the DeFi space by targeting critical vulnerabilities.
Importance of Bug Bounties: This initiative emphasizes the significance of proactive security measures in DeFi, encouraging ethical hackers to identify vulnerabilities, thereby fostering community trust and potentially setting new industry standards for crypto security.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
