In January 2025, various initiatives in the cryptocurrency sector are encouraging ethical hackers to participate in bug bounty programs. Shardeum has launched a Bug Bounty program with a total bounty of $350,000, attracting 12 security researchers who have submitted reports during the Ancillaries III and Core III audit competitions. Additionally, the growing number of hackathons and bounties has been noted, with many teams preparing to announce more opportunities for developers. The demand for security talent is underscored by a report indicating that Web3 hacks escalated to $2.2 billion in 2024, up from $1.8 billion in 2023. In response to this need, the upcoming Capture The Flag (CTF) event, supported by various organizations, is expected to be the largest in the Web3 space, featuring over 1,700 participants. Furthermore, BitMEX is set to launch a limited bug bounty campaign on January 25, 2025, offering participants the chance to earn up to double the rewards for valid reports submitted before February 9, 2025.