
Cryptocurrency exchange Crypto.com has launched a bug bounty program offering rewards of up to $2 million for identifying significant security vulnerabilities. This initiative aims to enhance cybersecurity measures and reflects a growing trend among tech companies to incentivize ethical hacking. In a related development, Russian authorities have confirmed the indictment of Mikhail Matveev, a 32-year-old hacker known as Wazawaka, who is accused of creating ransomware that targeted commercial organizations. The arrest of Matveev is notable as it marks a rare instance of the Russian government taking action against a ransomware operator. The U.S. government had previously offered a reward of $10 million for information leading to his capture.




Russian authorities have charged Mikhail Matveev, a notorious hacker known as Wazawaka, for creating malware used to extort commercial organizations, the Russian Interior Ministry announced last week. https://t.co/Ss8m6i0bZK https://t.co/kIoLt7v7Ph
U.S. Offered $10M for Hacker Just Arrested by Russia: https://t.co/NoM0inkWpj by Krebs on Security #infosec #cybersecurity #technology #news
https://t.co/zCSX5ritON Launches $2 Million Bug Bounty Program with HackerOne https://t.co/8Jv9SNNvnu