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Bybit Releases API of Suspicious Wallet on “Black List” as Part of Recovery Bounty Program

February 23, 2025
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Dubai, United Arab Emirates, February twenty third, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency alternate by buying and selling quantity, has introduced a brand new API updating a black listing of suspicious pockets addresses recognized to this point. The API will permit moral safety consultants to race towards time to streamline and expedite their efforts in recovering the compromised funds.

The present listing of addresses is the results of the tireless work of among the finest white hats and investigators the {industry} has to supply, inside three days of the biggest heist in crypto. Bybit has acquired hundreds of ideas from colleagues within the {industry}, demonstrating a outstanding spirit of cooperation within the face of adversity.

As inside and exterior groups work diligently collectively, the elite job drive confirmed an inventory of malicious addresses which will probably be made accessible to verified companions by an automatic interface. This collaborative effort will assist streamline the safety response and improve safety throughout the community.

Bybit will regularly replace this listing to make sure cyber defenders and safety companions can successfully intercept fraudulent actions. Profitable interceptions will probably be rewarded with a ten% bounty, reinforcing its dedication to securing the {industry} as an entire.

Wanting forward, Bybit will announce in due time a HackBounty platform at the moment underneath growth, designed to empower your complete {industry} in monitoring down hackers. Safety insiders are inspired to remain tuned for this revolutionary initiative.

“I’m energized by the unimaginable camaraderie on-chain and in actual life. This could be a transformative second for our {industry} if we get it proper. Collectively, we are able to construct a stronger protection system towards cyber threats,” mentioned Ben Zhou, co-founder and CEO of Bybit.

Bybit will regularly replace this listing to help companions in successfully intercepting fraudulent actions. Profitable interceptions will probably be rewarded with a ten% bounty, reinforcing its dedication to securing the {industry} as an entire. events could discover out extra about Bybit’s Bounty Rewards Program by reaching out to: [email protected]

Crypto’s Protection Alliance

The concerted efforts have shaped an industry-wide alliance in considered one of crypto’s defining moments. Bybit has shared an inventory of people, entities, and groups who’ve contributed to the Hail Mary mission. The “thank-you listing” contains however shouldn’t be restricted to the next companions and friends and is rising by the hour: 

Mandiant, Verichain, and Sygnia.co are offering essential forensic evaluation, and uncovering the information behind the hack incident.ZeroShadow activated its 24/7/365 International Response group, collaborating intently on Unhealthy Actor Tracing and Identification, Funds Tracing, and Legislation Enforcement Communications to assist the investigation and restoration efforts.Chainalysis, Elliptic, TRM, Goplus, SEAL 911, and ZachXBT swiftly tagged exploit-related addresses on-chain, proscribing the attacker’s capacity to launder stolen property.SlowMist, BlockSec, and BEOSIN delivered knowledgeable safety advisory companies and insights.VerifyVASP, AML Bot, and CryptoForensic contributed essential compliance and danger evaluation options, enhancing the general safety response.Binance, Coinbase, Bitget, Polygon, Arbitrum, Optimism, Wormhole, Synapse, Connext, Chainflip, Throughout.to, Symbiosis.finance, AVAX, ChangeNow, fixedfloat, and cBridge facilitated important cross-chain safety measures, and stopping the hacker.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency alternate by buying and selling quantity, serving a worldwide group of over 60 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating an easier, open, and equal ecosystem for everybody. With a powerful concentrate on Web3, Bybit companions strategically with main blockchain protocols to supply strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive consumer expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and fanatics to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.

For extra particulars about Bybit, please go to Bybit Press

For media inquiries, please contact: [email protected] 

For updates, please comply with: Bybit’s Communities and Social Media

Discord | Fb | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Contact

Head of PRTony AuBybit[email protected]



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Tags: APIBlackBountyBybitListPartProgramRecoveryReleasesSuspiciousWallet
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