Dubai, United Arab Emirates, February 23, 2025, Chain Wire
BYBIT, the world’s second largest cryptocurrency exchange by trading volume, has announced a new API that updates the black list of suspicious wallet addresses identified so far. The API allows ethical security experts to compete with time to streamline and promote efforts to restore compromised funds.
The current list of addresses is the result of the fatigue-free work of the best white hats and investigators that the industry has to offer within three days of the biggest robbery in code. Bybit has received thousands of tips from industry colleagues and demonstrates an incredible spirit of cooperation in the face of adversity.
With enthusiastic cooperation from internal and external teams, the elite task force reviewed a list of malicious addresses available to partners who have been verified via automated interfaces. This collaboration will help streamline security responses and enhance security across your network.
BYBIT will continuously update this list to enable cyber defenders and security partners to effectively intercept fraudulent activities. A successful intercept will be rewarded with a 10% prize money, reinforcing our commitment to securing the entire industry.
Looking ahead, Bybit announces that the currently developing hacking bounty platform is designed to empower the industry-wide to track hackers. Security insiders look forward to this innovative initiative.
“I am energized by an incredible on-chain and real life sense of camaraderie, which can be a transformative moment for our industry if we do it right. Ben Zhou, co-founder and CEO of Bybit.
BYBIT will continuously update this list to help partners effectively intercept fraud. A successful intercept will be rewarded with a 10% prize money, reinforcing our commitment to securing the entire industry. Stakeholders can find out more about BYBit’s Bounty Rewards Program below. [email protected]
Crypto’s Defense Alliance
Collaborative efforts have formed an industry-wide alliance in one of the critical moments of cryptography. Bybit shares a list of individuals, entities and teams who have contributed to Hail Mary Mission. The “Thank You List” includes, but is not limited to, the following partners and peers, growing with and time.
- Mandiant, Verichain, and Sygnia.co It provides important forensic analysis and reveals the facts behind the Hack incident.
- Zero Shadow We worked closely in tracking and identifying bad actors, tracing funds and law enforcement communications to stimulate our 24/7 global response team and support our research and recovery efforts.
- Chain dialysis, elliptical, TRM, Goplus, SEAL 911, and Zachxbt Exploit-related addresses quickly tagged with chains limit the attacker’s ability to wash assets stolen in chains.
- slowmist, blocksec, and Beosin Provided expert security advisory services and insights.
- verifyvasp, aml bot, and Cryptoforensic We provide critical compliance and risk assessment solutions to enhance overall security responses.
- binance, coinbase, bitget, polygon, arbitrum, optimism, wormhole, synapse, connext, chainflip, to, symbiosis.finance, avax, chanenow, fixedfloat, and Cbridge Promoting critical cross-chain security measures and stopping hackers.
#bybit / #thecryptoark
About Bybit
By trading volumes, BYBIT is the world’s second largest cryptocurrency exchange, serving a global community of over 60 million users. Founded in 2018, BYBIT redefines openness in a decentralized world by creating a simple, open and equal ecosystem for all. With a focus on Web3, Bybit Partners is a strategic partner with key blockchain protocols, providing robust infrastructure and driving innovation on the chain. Famous for its secure custody, diverse markets, intuitive user experiences and advanced blockchain tools, the gap between Bybit Bridges Tradfi and Defi will help builders, creators and enthusiasts reach their full potential in Web3. Discover the future of decentralized finance at Bybit.com.
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PR manager
Tony O’
Bybit
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Disclaimer: This is a press release published via a crypto-centric newswire.