The cryptocurrency exchange Bybit has launched a reward program for security professionals to recover funds lost in the largest hacking incident in history.
Recovery Bounty Program
The monetary support for the program will come from the stolen funds that Bybit aims to recover. The platform offered a reward of 10% of the amount recovered. The total volume of funds stolen is estimated at more than $1.4 billion. Bybit emphasizes the importance of open management and using blockchain for positive purposes.
How to Get Involved
Participants in the reward program can contact Bybit via the email bounty_program@bybit.com. The crypto industry relies on trust and security elements, and the collaboration of all participants can strengthen security measures and sustain trust in the sector.
Significance of the Program
Collaborative initiatives to protect digital assets aim to strengthen the reliability of the entire industry. Bybit seeks to rise above the present situation, transform its security infrastructure, and remain a steadfast partner to the crypto community.
Bybit's reward program reflects the crypto community's dedication to security and collaborative action to protect assets and ensure trust in the industry.