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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
White hat Web3 earns millions of dollars, far exceeding the $300,000 salary of traditional cybersecurity jobs.
White hat hackers in Web3 are becoming millionaires by discovering vulnerabilities in DeFi, far exceeding the salary of $150,000–300,000 of traditional cybersecurity experts. According to Mitchell Amador, CEO of Immunefi, some researchers earn between $1–14 million per year, with Immunefi having paid out over $120 million and created 30 millionaires.
The biggest success was the reward of 10 million USD for a hacker who discovered a critical flaw in the Wormhole bridge, helping to avoid damage of billions of USD. However, Wormhole was still exploited for 321 million USD in 2022. Amador stated that cross-chain bridges are the "juiciest" targets due to their complexity and the massive amount of assets.
In August, cryptocurrency hacks and scams caused losses of 163 million USD, a 15% increase compared to July, notably including a scam of 91 million USD and the Btcturk exchange incident losing 50 million USD.