CoinDCX rolls out recovery bounty programme after $44.2 million theft

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Indian cryptocurrency exchange CoinDCX, which recently suffered a theft of $44.2 million, or Rs 378 crore, on Monday announced to offer up to 25% of recovered funds as a reward for information that helps in the retrieval of stolen assets and identification of the culprits.

The CoinDCX Recovery Bounty Program calls on ethical hackers, white-hat researchers, and partners across the ecosystem “not just to recover funds, but to rally the Web3 community in the fight against cybercrime”.

Up to “25 per cent of all successfully recovered funds will be awarded…



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CoinDCX rolls out recovery bounty programme after $44.2 million theft



Indian cryptocurrency exchange CoinDCX, which recently suffered a theft of $44.2 million, or Rs 378 crore, on Monday announced to offer up to 25% of recovered funds as a reward for information that helps in the retrieval of stolen assets and identification of the culprits.

The CoinDCX Recovery Bounty Program calls on ethical hackers, white-hat researchers, and partners across the ecosystem “not just to recover funds, but to rally the Web3 community in the fight against cybercrime”.

Up to “25 per cent of all successfully recovered funds will be awarded…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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