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

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 new API updating a black listing of suspicious pockets addresses recognized to date. The API will enable moral safety consultants to race in opposition to 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 a number of 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 exceptional 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 likely be made out there to verified companions by way of 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 likely be rewarded with a ten% bounty, reinforcing its dedication to securing the {industry} as an entire.

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

“I’m energized by the unimaginable camaraderie on-chain and in actual life. This is usually a transformative second for our {industry} if we get it proper. Collectively, we will construct a stronger protection system in opposition to cyber threats,” stated 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 likely be rewarded with a ten% bounty, reinforcing its dedication to securing the {industry} as an entire. events might discover out extra about Bybit’s Bounty Rewards Program by reaching out to: [email protected]

Crypto’s Protection Alliance

The concerted efforts have fashioned an industry-wide alliance in certainly 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 crew, collaborating intently on Dangerous Actor Tracing and Identification, Funds Tracing, and Regulation Enforcement Communications to assist the investigation and restoration efforts.
Chainalysis, Elliptic, TRM, Goplus, SEAL 911, and ZachXBT swiftly tagged exploit-related addresses on-chain, limiting the attacker’s capacity to launder stolen belongings.
SlowMist, BlockSec, and BEOSIN delivered professional safety advisory providers and insights.
VerifyVASP, AML Bot, and CryptoForensic contributed vital 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 robust 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 person 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.

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