Circle’s $5,000 Bug Bounty Cap Sparks Backlash as Arc Testnet Goes Public

• Circle faces backlash after capping critical Arc bug bounty rewards payouts at $5,000.
• Arc bounty targets reproducible risks to safety, liveness, correctness, and uptime.
• Circle set 5-day first response, 10-day triage, and 10-day post-triage bounty decision.

Circle is facing criticism after setting a maximum reward of $5,000 for critical vulnerabilities in its bug bounty program tied to Arc, a public layer-1 blockchain. The payout cap drew attention as the company opened its testnet code and node software for public review.

Arc is described as an Economic OS for the internet. The platform is built to support stablecoins, tokenized assets, and global markets on shared infrastructure. The program comes as Arc moves toward the mainnet.

Circle’s Arc Bug Bounty Faces Criticism Over Payout Cap

Blockchain investigator ZachXBT criticized the payout structure in a p…

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