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Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform

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Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform
Business

Business

Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform

2025-02-26 06:46 Last Updated At:07:05

DUBAI, UAE, Feb. 26, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the launch of LazarusBounty.com, an industry-first bounty platform that represents a decisive, four-pronged offensive against crypto crime. Underpinned by the firm belief that information transparency is key, LazarusBounty.com is designed to expose illicit activity, hold hackers accountable, and secure digital assets with unparalleled speed and precision.

Information Transparency at the Heart of 4-pronged Ultimate Defense

At the core of LazarusBounty.com is the conviction that complete, real-time transparency empowers the community and transforms the fight against cybercrime. By making every action visible and every transaction traceable, Bybit ensures that the truth is the most powerful weapon against hackers.

1. Powered by Comprehensive On-Chain Security Data

LazarusBounty.com consolidates premier blockchain security databases—including resources from Chainalysis, Arkham, GoPlus, and other top security companies—into a definitive, real-time security wiki. This robust integration empowers investigators and the broader community with critical insights needed to expose and counter illicit transactions.

2. Immediate Activation of Panel of Expert Investigations

When a large-scale breach is reported, LazarusBounty.com mobilizes elite blockchain detectives — such as ZachXBT and Yu Xian (C), founder of SlowMist — to initiate immediate, rigorous investigations. This expert-driven approach serves as a call for those dedicated to unmasking cybercriminals.to arms for those dedicated to unmasking cybercriminals.

3. Decentralized Security Alliance Council on Hand to Consult

Bybit has enlisted chief security officers from major public chains to serve as advisors, forming a formidable, decentralized network that stands united against cybercrime. This alliance reinforces the company's commitment to transparency and accountability across the blockchain ecosystem.

4. Merit-Based Bounty Reward Leaderboard 

The platform's Hack Leaderboard meticulously tracks contributions and allocates rewards based on the effectiveness of each input in recovering stolen funds. Every verified piece of evidence is logged, spotlighting the bounty hunters actively dismantling criminal operations while exposing those who stand by without contributing.

LazarusBounty.com will also be equipped with an automated notification system that triggers immediate remedial measures once illicit funds are traced to their endpoints. By instantly alerting relevant platforms to freeze or block these assets, the system eliminates the delays associated with manual intervention—ensuring that every second counts in the fight against cybercrime.

Ben Zhou, Co-founder and CEO of Bybit, hopes to send a clear message. "In today's blockchain landscape, transparency isn't just a principle—it's our most potent weapon against cybercrime. With LazarusBounty.com, we are taking a stand to ensure that every transaction is visible and every hacker is held accountable. Our multifive-pronged offensive is a clear message: if you steal, you will be found, and justice will be swift," said Zhou.

A Proactive Stance Against Cybercrime

The launch of LazarusBounty.com sends a clear, unyielding message: stolen funds will not be tolerated for illegal use. This platform serves as a direct challenge to cybercriminals—a warning that any attempt to exploit the blockchain for illicit purposes will be met with relentless, coordinated action. With this five-pronged offensive, Bybit not only challenges cybercriminals but also sets a new industry standard. Rather than waiting for problems to escalate, Bybit is taking the lead in securing the ecosystem and calls on every vigilant community member to support this mission.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

DUBAI, UAE, Feb. 26, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced the launch of LazarusBounty.com, an industry-first bounty platform that represents a decisive, four-pronged offensive against crypto crime. Underpinned by the firm belief that information transparency is key, LazarusBounty.com is designed to expose illicit activity, hold hackers accountable, and secure digital assets with unparalleled speed and precision.

Information Transparency at the Heart of 4-pronged Ultimate Defense

At the core of LazarusBounty.com is the conviction that complete, real-time transparency empowers the community and transforms the fight against cybercrime. By making every action visible and every transaction traceable, Bybit ensures that the truth is the most powerful weapon against hackers.

1. Powered by Comprehensive On-Chain Security Data

LazarusBounty.com consolidates premier blockchain security databases—including resources from Chainalysis, Arkham, GoPlus, and other top security companies—into a definitive, real-time security wiki. This robust integration empowers investigators and the broader community with critical insights needed to expose and counter illicit transactions.

2. Immediate Activation of Panel of Expert Investigations

When a large-scale breach is reported, LazarusBounty.com mobilizes elite blockchain detectives — such as ZachXBT and Yu Xian (C), founder of SlowMist — to initiate immediate, rigorous investigations. This expert-driven approach serves as a call for those dedicated to unmasking cybercriminals.to arms for those dedicated to unmasking cybercriminals.

3. Decentralized Security Alliance Council on Hand to Consult

Bybit has enlisted chief security officers from major public chains to serve as advisors, forming a formidable, decentralized network that stands united against cybercrime. This alliance reinforces the company's commitment to transparency and accountability across the blockchain ecosystem.

4. Merit-Based Bounty Reward Leaderboard 

The platform's Hack Leaderboard meticulously tracks contributions and allocates rewards based on the effectiveness of each input in recovering stolen funds. Every verified piece of evidence is logged, spotlighting the bounty hunters actively dismantling criminal operations while exposing those who stand by without contributing.

LazarusBounty.com will also be equipped with an automated notification system that triggers immediate remedial measures once illicit funds are traced to their endpoints. By instantly alerting relevant platforms to freeze or block these assets, the system eliminates the delays associated with manual intervention—ensuring that every second counts in the fight against cybercrime.

Ben Zhou, Co-founder and CEO of Bybit, hopes to send a clear message. "In today's blockchain landscape, transparency isn't just a principle—it's our most potent weapon against cybercrime. With LazarusBounty.com, we are taking a stand to ensure that every transaction is visible and every hacker is held accountable. Our multifive-pronged offensive is a clear message: if you steal, you will be found, and justice will be swift," said Zhou.

A Proactive Stance Against Cybercrime

The launch of LazarusBounty.com sends a clear, unyielding message: stolen funds will not be tolerated for illegal use. This platform serves as a direct challenge to cybercriminals—a warning that any attempt to exploit the blockchain for illicit purposes will be met with relentless, coordinated action. With this five-pronged offensive, Bybit not only challenges cybercriminals but also sets a new industry standard. Rather than waiting for problems to escalate, Bybit is taking the lead in securing the ecosystem and calls on every vigilant community member to support this mission.

#Bybit / #TheCryptoArk 

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform

Bybit Takes Aim at Crypto Crime with Launch of Industry-first LazarusBounty.com Platform

Multi-phase, multi-region rollout will deliver advanced AMD AI silicon and the open AMD ROCm software stack to frontier-model, enterprise, and sovereign AI customers across global markets

SINGAPORE, May 27, 2026 /PRNewswire/ -- OneQode, a global provider of mission-critical digital infrastructure, today announced a collaboration with AMD to deploy AMD Instinct™ GPUs, as well as announcing plans to deploy AMD Helios rack-scale solution as the platform foundation for OneQode's global AI infrastructure rollout.

OneQode plans a phased rollout anchored by AMD Instinct™ MI355X GPUs in initial deployments and incorporating AMD Helios solution in the future. The deployment will run on the open AMD ROCm™ software stack, giving customers a standards-based, vendor-neutral foundation for large-scale AI training and inference.

The announcement follows OneQode's recently announced 110MW AI infrastructure agreement with Bitzero in Norway, and reflects the company's broader strategy to deploy high-performance AI capacity across Europe and Asia-Pacific. It leverages their existing cloud and telecommunications footprint deployed across 5 continents over the last 7 years, and will also incorporate their unique low-latency, sovereignty-focused product offerings.

OneQode expects to support a range of high-performance AI workloads, powered by AMD AI solutions, including frontier-model training and inference, enterprise AI, and sovereign AI for governments, research institutions, and AI-first organisations.

"Demanding AI workloads require high-performance compute, scalable infrastructure and an open software ecosystem," said Negin Oliver, corporate vice president, Business Development for AI, AMD. "AMD Instinct GPUs and the unifying AMD ROCm open software stack are designed to help customers accelerate large-scale AI training and inference with the performance, efficiency and flexibility they need. We're pleased to work with OneQode as it expands access to AMD AI solutions for customers globally."

"AMD is shipping some of the most compelling AI hardware in the market," said Matthew Shearing, Founder and CEO of OneQode, "The challenge now is putting that silicon in the right places - close to the customers, sovereign workloads, and AI-first organisations that need it. That's what OneQode does. We've spent nearly a decade building performance infrastructure across Europe, Asia-Pacific, and the global south, serving the kinds of workloads where uptime, latency and sovereignty actually matter. We're aiming to be AMD's partner of choice for extending AMD Instinct silicon at scale into the regions that need it most."

"We're genuinely pumped to be working with AMD," said Joe Swinn, Head of Product at OneQode. "We've been deploying infrastructure at scale globally for seven years, including some blazing-fast AMD EPYC processor-based private cloud builds, and this is one we've been waiting for. The AMD Instinct MI355X is a serious piece of silicon, and AMD Helios is built for the kinds of AI workloads our customers actually want to run. The AMD team have been brilliant to deal with, and we can't wait to get this kit in front of customers."

About OneQode

OneQode is a global provider of performance digital infrastructure. With a vertically-integrated platform that spans cloud compute, low-latency networking and sovereign technology across over 30 datacentres in 5 continents, they enable enterprises, governments and performance-hungry businesses to run AI & mission-critical workloads at scale, across the globe. Learn more at oneqode.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

OneQode to Deploy AMD Instinct GPUs and Plans for AMD Helios Rack-Scale Solution for Global AI Infrastructure

OneQode to Deploy AMD Instinct GPUs and Plans for AMD Helios Rack-Scale Solution for Global AI Infrastructure

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