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Bybit Announces LazarusBounty.com to Tackle Cyber Threats in the Industry

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by Giorgi Kostiuk

4 hours ago


Bybit has introduced LazarusBounty.com, a new platform aimed at tackling cybercrime in the crypto industry. The platform offers innovative solutions for asset protection and hacker identification through an advanced security framework.

A Four-Pronged Offensive Against Cybercrime

LazarusBounty.com introduces a four-step security strategy: real-time blockchain data analysis, immediate expert investigations, a decentralized alliance of experts, and a rewards system for ethical hackers.

Automated Alerts and Instant Action

With automatic detection of illegal transactions, LazarusBounty.com instantly activates countermeasures to prevent further attacks, including asset freezing and account blocking.

A Defiant Stand Against Cybercrime

Bybit Co-founder and CEO Ben Zhou emphasized the importance of transparency as the main tool against cybercrime, highlighting the platform's role in ensuring transaction visibility and hacker accountability.

In today's blockchain landscape, transparency isn’t just a principle—it’s our most potent weapon against cybercrime.Ben Zhou

LazarusBounty.com represents a significant advancement in managing crypto industry security threats and sets new protection standards by engaging experts and ethical hackers to enhance resistance to cyber threats.

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