CoinDCX launches bounty program for stablecoin recovery following major hack
- CoinDCX has announced a recovery program offering up to 25% bounty for ethical hackers.
- The initiative follows a significant $44 million hack involving stolen stablecoins.
- This program aims to incentivize the cybersecurity community to assist in recovering the lost assets.
- The exchange emphasizes the importance of ethical hacking in enhancing security measures.
CoinDCX’s recovery program highlights the growing need for robust security solutions in the cryptocurrency space, especially after incidents like this $44 million hack. By engaging ethical hackers, CoinDCX aims to recover stolen funds and improve overall platform security.
The exchange’s offer of up to 25% for successful recoveries underscores its commitment to protecting user assets and fostering a secure environment.(Source)
