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Bybit's LazarusBounty 1.1: Enhancing Cross-Chain Asset Tracking and Bounty Hunter Collaboration

Coin WorldFriday, Feb 28, 2025 8:52 am ET

1min read

Bybit, a leading cryptocurrency exchange, has announced the release of Version 1.1 for its bug bounty platform, LazarusBounty.com. The update introduces several new features aimed at enhancing the platform's functionality and user experience.

The main updates include:

Added hacker address analysis function to support cross-chain asset tracking, allowing bounty hunters to trace stolen funds.
Opened a Discord channel for bounty hunters to submit clues, with automatic duplicate address checks to avoid resubmission.
Hacker address list can now be sorted by wallet balance.
Verification report page now displays the bounty hunter's name.

Since its launch, the platform has processed 2,167 reports and offers a 10% instant reward with a total bounty pool of $140 million.

Bybit CEO Ben Zhou stated, "We are committed to improving the security of the cryptocurrency ecosystem and appreciate the efforts of our bounty hunters in helping us achieve this goal."

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MarshallGrover

02/28

$140M pool? I'm hunting bugs for that cash.

BeeBaBoop

02/28

Bybit's on a roll with LazarusBounty. Bug hunting just got a whole lot more fun and rewarding.

bmrhampton

02/28

Bybit CEO gets it. Secure crypto for the win.

ConstructionOk6948

02/28

Holding $ETH and loving the extra security layer Bybit's providing. Solid move for my portfolio.

Puginator

02/28

@ConstructionOk6948 How long you been holding ETH? Any predictions on where it's headed?

Far_Sentence_5036

02/28

Tracking cross-chain assets is a game-changer. Finally!

AGailJones

02/28

Bybit stepping up its security game. Bug bounties are like fire for cybersecurity. 💥

RamBamBooey

02/28

Bug bounties working? That's a bullish signal.

Traditional_Wave8524

02/28

10% instant reward? Count me in. Security and easy gains, what's not to love? 🚀

enosia1

02/28

Cross-chain asset tracking is a game changer. Thieves won't know what hit 'em. 😎

MirthandMystery

02/28

@enosia1 HODL on, thieves gonna get DYOR'd. 🚀

krogerCoffee

02/28

Bybit's moves are 🔥 for crypto sec. Let's go.

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