Bybit Sponsors Ethereum Attackathon, Boosts WSOT 2024 Prizes

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As a seasoned crypto investor with roots deeply planted in the blockchain ecosystem, I find Bybit’s recent moves truly commendable. Their sponsorship of Ethereum’s Attackathon not only underscores their commitment to the community but also highlights their foresight in investing in security and sustainability.

Bybit is generating buzz by supporting the initial “Attackathon” of Ethereum, a worldwide hackathon designed to bolster Ethereum’s security. This event, coordinated by Immunefi and the Ethereum Foundation, aims to strengthen the safety of the Ethereum network and fund public benefit initiatives.

Bybit’s substantial donation of 75 Ether, which is the largest yet, underscores their dedication to the Web3 community.

Ben Zhou, the co-founder and CEO of Bybit, showed enthusiasm about the sponsorship, saying, “Our sponsorship of the Ethereum Attackathon matches our goal to reinforce the safety and longevity of the ecosystems crucial for the international crypto community. By backing this event, we’re putting money into a more secure and robust Ethereum network.

Apart from that, Bybit is not only broadening the total reward for its World Series of Trading (WSOT) 2024 to an unprecedented $10 million, but it’s also blending traditional and decentralized trading formats. This event gives traders an opportunity to excel in both centralized and decentralized platforms.

Investing in WSOT by Bybit not just increases the significant award pool, but it also grants assistance and tools to budding Web3 innovators.

Over an eight-week period, the Ethereum Code Reviewathon is gathering the brightest minds to scrutinize Ethereum’s source code. With a goal of raising more than $2 million, which includes the Ethereum Foundation’s initial $500,000 investment, this event aims to significantly boost Ethereum’s security and encourage creative advancements in the cryptocurrency sector.

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2024-09-19 13:56