Datamine Network Announces Five Thousand Dollar FLUX Bug Bounty

๐ก AI Article Summary
The Datamine Network has announced an increased bug bounty of 5,000 USD to ensure the highest security standards for its decentralized smart contracts. Following an initial period with no bug reports, the reward has been substantially raised to incentivize security researchers and white-hat hackers to thoroughly analyze the FLUX smart contract code before the contract failsafe period ends around July 3rd.
Bounty Scope and Rewards
The 5,000 USD bounty is available to anyone who identifies and discloses a major exploit or critical vulnerability. The scope specifically targets:
- The ability to generate unauthorized FLUX rewards.
- Vulnerabilities allowing the unauthorized withdrawal of DAM tokens that do not belong to the user's account.
Discovered vulnerabilities should be reported directly to the development team. Upon verification, the bounty will be paid in the researcher's choice of major cryptocurrency, including ETH, BTC, USDT, or USDC.
Reviewing the Smart Contract
To participate in the bug bounty program, security researchers can review the public, open-source codebase:
- FLUX Smart Contract: Publicly viewable on Etherscan at address
0x469eDA64aEd3A3Ad6f868c44564291aA415cB1d9. - FLUX Whitepaper: Detailed technical specifications are available in the official Datamine GitHub repository under
white-paper.

Hey everyone, since there were no takers on our bug bounty and no bugs were reported in FLUX smart contract we'll be offering a substantially higher reward.
We are offering $ 5,000.00 USD bounty to anyone who is able to identify a major exploit/security vulnerability disclosure involving our smart contracts, namely the ability to gain extra FLUX rewards or withdraw DAM tokens that do not belong to their account. This bounty will expire after failsafe ends (~July 3rd).
It might take you just 10 minutes to look over our contract and see something super obvious. Find an exploit, send me a direct message and you get $ 5,000.00 in crypto of your choice (ETH/BTC/USDT/USDC etc.) ๐
FLUX Smart Contract: https://etherscan.io/address/0x469eDA64aEd3A3Ad6f868c44564291aA415cB1d9#code
FLUX White Paper: https://github.com/Datamine-Crypto/white-paper/blob/master/docs/datamine-smart-contracts.md
Frequently Asked Questions
What is the reward for the Datamine FLUX bug bounty?
The bounty offers a 5,000 USD reward, payable in a major cryptocurrency of the recipient's choice (such as ETH, BTC, USDT, or USDC), for identifying and disclosing a major exploit in the smart contract.
What is the scope of the FLUX bug bounty program?
The bounty specifically targets critical vulnerabilities in the FLUX smart contract, such as mechanisms to gain unauthorized FLUX rewards or withdraw locked DAM tokens belonging to other accounts.
When does this bug bounty program expire?
The increased 5,000 USD bug bounty is active until the smart contract's failsafe period ends, which is scheduled to occur around July 3rd.
How do I report a vulnerability found in the Datamine smart contracts?
If you discover a security exploit, you should submit your disclosure directly to the Datamine development team via direct message or email at dev@datamine.network for private verification.