Web3 Hackers Turn Millionaires – Outearning Traditional Cybersecurity by 10x
In the world of Web3, ethical hackers — known as white hats — are cashing in millions, far surpassing the $150K–$300K annual ceiling of traditional cybersecurity jobs.
Mitchell Amador, CEO of bug bounty platform Immunefi, revealed:
Their leaderboard shows researchers making millions per year.
To date, $120M+ has been paid out across thousands of vulnerability reports.
Over 30 researchers have already crossed into millionaire status.
Unlike corporate cybersecurity roles, white hats in crypto pick their own targets, set their hours, and earn based on impact. With DeFi protocols securing $180B in total value locked, bounties for critical bugs can reach up to 10% of the funds at risk.
These massive payouts highlight the high-stakes reality of Web3 security — where spotting a single flaw can be worth millions.
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