Skip to main content

Just In: Bybit Launches $140M Recovery Bounty for Crypto Hack Investigation


Recovery Bounty Program: Enlisting Experts to Track Down Crypto Heist Perpetrators
Crypto enthusiasts were shocked by the news of the largest crypto heist in history, with over $1 billion worth of crypto assets stolen from Bybit. In response, the popular cryptocurrency exchange has launched a Recovery Bounty Program in a bid to retrieve the stolen funds.
Hashtags: #Bybit #CryptoHeist #RecoveryBounty
Tickers: BTC, ETH, ADA, XRP

How the Program Works
The Recovery Bounty Program will reward cybersecurity and crypto analytics experts who can provide information leading to the recovery of the stolen funds. Bybit has allocated up to $140 million for this program, with a maximum reward of 10% of the retrieved funds. This means that if the entire stolen amount is recovered, the contributors could earn a whopping $140 million.
Hashtags: #CryptoSecurity #BybitRecovery #CryptoExperts
Tickers: LTC, BCH, DOT, LINK

Collaborating with Industry Experts
Bybit has also invited other crypto exchanges, security firms, and blockchain analytics companies to collaborate in this effort. The exchange believes that by working together, they can increase the chances of recovering the stolen funds and bringing the perpetrators to justice.
Hashtags: #CryptoCollaboration #SecurityPartnerships #BlockchainAnalytics
Tickers: BNB, DOGE, XLM, EOS

Protecting User Funds and Restoring Trust
The Recovery Bounty Program not only aims to retrieve the stolen funds but also to protect user assets and restore trust in the crypto community. Bybit has assured its users that their funds are safe and that they will continue to strengthen their security measures to prevent future hacks.
Hashtags: #CryptoSecurity #UserProtection #TrustRestoration
Tickers: UNI, MATIC, SOL, VET

The Role of the Crypto Community
The success of the Recovery Bounty Program also relies on the support and cooperation of the crypto community. By spreading the word and sharing any relevant information, we can all contribute to bringing the perpetrators to justice and retrieving the stolen funds. Let's unite and stand against crypto theft.
Hashtags: #CryptoCommunity #TogetherAgainstTheft #BybitRecovery
Tickers: THETA, AAVE, FTT, ALGO

Join the Recovery Bounty Program Now
If you have any information that can help recover the stolen funds from Bybit, do not hesitate to come forward and contact the exchange. Your contribution could make a significant difference and earn you a substantial reward. Let's work together to protect the crypto community and ensure the safety of our assets.
Hashtags: #CryptoWhistleblowers #BybitReward #CryptoProtection
Tickers: XTZ, ATOM, XMR, DAI


Sentiment Result: Positive

Crypto News
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC

📈💰The Federal Reserve announced today that it will maintain its current interest rates, citing a strong job market and moderate economic growth. This decision comes as no surprise to those in the crypto community, as many have been anticipating this outcome for weeks. However, this news may have some investors feeling slightly disappointed, as they were hoping for a rate cut to boost the market.💸💻Crypto tickers such as BTC, ETH, and XRP have been trending upwards in recent weeks, with many investors hoping for a continued bull run. However, with the Fed's decision to keep interest rates steady, some may be wondering if this will have a negative impact on the market. While it's impossible to predict the exact effect on crypto prices, it's important to remember that the Fed's decision is based on a variety of factors and not solely on the crypto market.📉🌎The Fed's decision also has implications for the stock market, with many investors closely watching the anno...
Post a Comment
Continue Reading »

Crypto Talkies July 4th 2025

As the sun sets on another bustling day in the crypto world, there's no shortage of news to digest. The evening started with a bullish ripple effect in the market as Ripple's XRP took center stage. XRP investors are rejoicing with a 3.75% jump in price as Ripple pursues a U.S. national bank charter, a groundbreaking move that could transform Ripple into the first crypto-native bank. This ambitious leap has added over $6 billion to its market cap, stirring conversations about the future landscape of finance. Meanwhile, uncertainty loomed over WhiteRock as its founder, Ildar Ilham, found himself in legal hot waters with his arrest in the UAE linked to a $30 million ZKasino fraud. News of his potential extradition to the Netherlands sent shockwaves through the market, causing WhiteRock's token to plummet by 25%. Ethereum (ETH), the second-largest cryptocurrency by market cap, is showcasing resilience as prices hover between $2,400 and $2,600. The recent bullish interest, fue...
Post a Comment
Continue Reading »

Crypto Talkies July 2nd 2025

As evening settles in, the world of cryptocurrencies is abuzz with a cocktail of regulation, innovation, and curious partnerships. Today's highlight reel begins in Arizona, where Governor Katie Hobbs has put a halt to innovation that combines the state’s criminal justice system and digital finance. Her veto of HB 2324, a bill intended to create a reserve fund from seized cryptocurrencies, underscores the ongoing tension between traditional law enforcement funding and the burgeoning world of digital assets, notably Bitcoin (BTC). Meanwhile, across the Atlantic, the impact of the European Union's new MiCA regulations is in full swing. Major exchanges like Bybit and OKX are expanding their operations, eyeing regulatory clarity and standardization as a springboard for wider crypto adoption across Europe. However, the regulatory relief also poses challenges for crypto news visibility under the rigid framework. On the sponsorship front, Nexo is stepping into the spotlight with its ...
Post a Comment
Continue Reading »