How Crypto and Blockchain Organizations Manage Complex Attack Surfaces With Competitive Security Testing Programs

**Executive summary:** HackerOne's report analyzes web3 security trends, noting a 147% year-over-year increase in valid vulnerability reports for crypto and blockchain organizations, a higher prevalence of business logic errors (10% vs 2% cross-industry), and substantially larger bounty payouts (average ~ $70,000; high/critical average $133,700). The report explains that complex smart-contract logic and high monetary risk drive increased researcher engagement and higher rewards, and offers budget and program recommendations for crypto organizations.