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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,
✅🔐 Web3 White Hats: Million-Dollar Earnings Outshine Traditional Cybersecurity Salaries
The cybersecurity landscape is being reshaped by Web3 white hats, who are uncovering vulnerabilities in decentralized finance (DeFi) protocols and earning millions—far beyond the $300K ceiling of traditional cybersecurity salaries. Let’s break it down 👇
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✨ ◆ White Hats in Web3: Who Are They?
White hats are ethical hackers who identify flaws in crypto protocols and responsibly disclose them. Unlike fixed corporate salaries, they choose their own targets, set their hours, and are rewarded based on the severity of the threats they uncover.
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💰 ◆ Millionaire Hackers: Immunefi’s Impact
Immunefi, the leading bug bounty platform, has already facilitated $120M+ in payouts.
30 white hats have become millionaires through critical vulnerability reports.
Top rewards can reach up to 10% of total value locked (TVL) at risk.
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🚨 ◆ Record Payout: $10M Bug Bounty
A white hat received $10 million for discovering a fatal flaw in Wormhole’s crosschain bridge.
That single vulnerability had the potential to wipe out billions in crypto assets.
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⚔️ ◆ From Code Bugs to Social Exploits
Early DeFi days: smart contract bugs dominated.
2025 shift: “no-code” exploits like social engineering, compromised keys, and operational lapses are rising.
Bridges remain prime targets, given their crosschain complexity and the massive sums they secure.
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📊 ◆ Crypto Hacks in 2025: A Growing Concern
In August 2025 alone, hackers stole $163 million, up from $142M in July.
Major losses:
$91M social engineering scam targeting a Bitcoiner.
$50M breach of Turkish exchange Btcturk.
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⚡ ◆ The Risks of Rushing & Complacency
Protocols most at risk:
New DeFi teams rushing to launch without robust security.
Established projects that grow complacent over time.
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🌐 ◆ Why White Hats Matter
White hats are not just making fortunes—they are guardians of DeFi, protecting over $180B in total value locked. Without them, billions in user funds would be exposed to catastrophic losses.
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🔥 Final Takeaway
In Web3, the best hackers don’t just earn a salary—they earn life-changing rewards. As DeFi grows, white hats are proving that securing decentralized ecosystems isn’t just vital—it’s one of the most lucrative professions in the digital age.
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