US State Department to offer up to $10M in crypto rewards to white hat hackers

The United States government is offering rewards in cryptocurrency for information relating to the operations of enemy state-backed hackers or suspected terrorists.

The U.S. State Department’s new “Rewards for Justice” platform allows informants to submit anonymous tips and information in return for rewards in digital assets.

The platform was promoted at the Black Hat USA event — which ran from July 31 to August 5 in Las Vegas — with users able to submit tips via an unsecured Wi-Fi network called #Rewardsnotransoms. The open network was purposely set up to encourage attendees to log in and access the RFJ website, according to CNN.

Rewards of up to $10 million are being offered in exchange for info on various terrorist suspects, extremists, and state-sponsored hackers. Informants elect whether they wish to receive compensation in the form of crypto assets.

Informants provide sensitive information via a secure portal on the dark web — the layer of the internet that is not publicly accessed by commercial companies and search engines.

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