The bug bounty programme sets a global benchmark for other companies, both within the crypto industry and beyond

Cryptocurrency exchange Crypto.com has upgraded their existing bug bounty program with HackerOne, providing up to US$2 million in rewards for reporting security vulnerabilities.

“Security and compliance are at the foundation of everything we do at Crypto.com,” said Kris Marszalek, CEO of Crypto.com. “As our business and the industry continue to grow, it’s critically important that we remain focused on our core principles, and this new bounty program does that by setting a new bar.”

“When you operate a global app serving more than 100 million customers, finding critical security gaps before bad actors do is essential to system integrity and customer trust,” said Kara Sprague, CEO of HackerOne. “This record-breaking bounty reflects the significant emphasis Crypto.com puts on consumer protection and their appreciation of the value the ethical hacking community can provide.”

“Crypto.com’s responsiveness and dedication to hacker program engagement makes their commitment to the global ethical hacking community second to none,” said Chris Evans, CISO and Chief Hacking Officer of HackerOne. “The top programs on our platform do not just follow our best practices but continuously raise the standard for how all organizations should engage with and reward ethical hackers.”

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