KuCoin, a leading global cryptocurrency exchange, is excited to announce its collaboration with Bugcrowd, the #1 crowdsourced cybersecurity platform, to launch an extensive bug bounty program.
This initiative is aimed at fortifying KuCoin’s platform by identifying and addressing potential security vulnerabilities.
To incentivize and reward the efforts of security researchers, KuCoin and Bugcrowd have structured the bug bounty rewards into five distinct tiers, based on the severity of the identified vulnerabilities:
“As People’s Exchange, the security of users’ assets is always our top priority. Ensuring the safety of user assets and transactions is an ongoing endeavor we are committed to. Utilizing a community of researchers is vital for advancing our security to a higher level. Bugcrowd’s expertise in identifying obscure issues is essential and we will create a more secure trading environment together.” Johnny Lyu, CEO of KuCoin stated.
KuCoin and Bugcrowd are united in their commitment to provide a safer trading environment for all users. Through this partnership and the launch of the bug bounty program, both parties are taking a significant step forward in enhancing the security of the cryptocurrency trading ecosystem.
The joint effort underlines their dedication to maintaining the highest security standards to protect users against emerging cyber threats.
“As we witness the rapid growth of the cryptocurrency market, trust and security become paramount,” said Dave Gerry, CEO of Bugcrowd. “We’re excited to partner with KuCoin to launch their Bug Bounty Program to achieve a safer trading environment for all users. By harnessing the power of the global hacker community, we aim to help strengthen KuCoin’s defenses and protect its users from emerging threats.”
For more information on the bug bounty program and how to participate, please visit KuCoin’s Official Announcement.
