The US government features a $ ten million reward to hackers for monitoring cybercriminals

The US Department of State (DOS) is attempting to cease cybercrime in the nation with a new initiative for the Rewards for Justice (RFJ) system. As a outcome, the system will supply up to $ ten million in cryptocurrency to any person who offers data top to the identification of state-flagged hackers.

US State Department Targets “Black Hat Hackers”

Last week, hackers and cybersecurity industry experts attended the well known Black Hat Briefings cyber conference. Here, the United States Department of State (DOS) advertised the system as a result of a QR code printed on flyers and T-shirts so attendees could scan them. As a outcome, they will be directed to the RFJ web page with all the award specifics.

Participants can accessibility the RFJ channel through TOR, a browser that lets anonymous searches and communications. DOS officials think the dark net and the use of modern-day technologies – to cite cryptocurrencies and blockchains – are the suitable resources for them.

“Something on the Dark Web that allows for complete anonymity and an initial level of security is probably better suited to those people. So just finding people where they are and reaching them with the technology they are most comfortable with is, in my opinion, the name of the game Rewards for Justice. ”A foreign ministry official shared.

The United States strengthens cybersecurity amid considerations for foreign hackers

As Cointelegraph reported, the Biden administration has determined to strengthen the nation’s cybersecurity. Because in the previous, the US has accused Russian and Chinese authorities of making use of hackers to infiltrate lots of US federal companies and departments.

The variation now is that for the initially time in 4 decades for the FRY, whistleblowers can select to be paid in cryptocurrency.

“We present wire transfers, we can nevertheless supply – and supply – suitcases total of income, we can present rewards in type. And now recipients will be capable to select any cryptocurrency they like. “- Representative of the Ministry of Foreign Affairs shared

State Department officials did not disclose what other use situations the government has for the cryptocurrency. However, they mentioned the Biden administration nevertheless tends to track cryptocurrency transactions for “cybersecurity reasons”.

The Biden administration was interested in imposing stricter laws on cryptocurrencies. Specifically, the introduction of a cryptocurrency tax on the infrastructure bill that was proposed not prolonged in the past.

Since its proposal, the infrastructure bill has been controversial in the Senate. However, the authentic proposal was sooner or later passed by the Senate and is now currently being transferred to the House for consideration and approval. The last official choice will be announced just after September twenty this yr.

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