Security News > 2020 > November > Bug Bounty Hunters Earn $1.2 Million at Chinese Hacking Competition
Bug bounty hunters have earned a total of more than $1.2 million over the weekend at the 2020 Tianfu Cup International PWN Contest, a major hacking competition that takes place every year in China.
The winner was a team representing Chinese cybersecurity firm Qihoo 360, which earned over $740,000.
The Qihoo 360 team earned $100,000 for a Chrome exploit that achieved remote code execution with a sandbox escape, $180,000 for a VMware ESXi guest to host escape, $40,000 for a Firefox exploit, $60,000 for a Qemu exploit, and $18,000 for an Adobe Reader exploit.
At last year's event, participants earned over half a million dollars for hacking products from Apple, Google, Microsoft, VMware and others.
The Zero Day Initiative's Pwn2Own Tokyo competition also took place last week, but participants only earned $136,000 for 23 unique vulnerabilities.