Top cryptocurrency exchanges will get hacked by hackers for a bounty at Hack X, UCIM
All set to kickstart the Singapore Blockchain Week on 26th and 27th November, UCIM has a number of unique sub-events to keep its 800+ global audience engaged. The security of crypto exchanges is often a bone of contention, and Hack-X will challenge and evaluate the same.
The event will welcome some of the most competent ethical hackers, security companies as well as developers to participate in Hack-X. These participants will then be given a task to hack into the listed exchanges and those who successfully deliver the task in the given time will then be rewarded with a bounty.
“Our aim is for exchanges to glance into their security framework, algorithms, protocols and checks & balances at an early stage. It is, of course, better to be hacked by a developer during a challenge than witness a million dollar breach later on,” said Rohan Sharma, Head at UCIM. “We look forward to hosting all the top exchanges,” he further added.
On one hand, Hack-X will mark a checkpoint for exchanges that prove to be safe and tamper-proof. On the other hand, it will be an exciting opportunity for hackers and developers from across the world to unite for a common mission. Hack-X envisions to decode the “security, privacy, and transparency” on which these exchanges thrive.
UCIM is an independent conference that will host high-impact investors, thought leaders, top speakers, and media members from around the world. It aims to “catalyze decentralization in its true essence.”
Like Hack-X, there are several other sub-events under UCIM that offer a platform to network and engage beyond the realms of a conventional conference. These include a pitching platform (Pitch-a-thon), an awards segment (Golden Block Awards), a partner meet networking opportunity (Partner Connect), and a trading competition (UCIM Trading Challenge).
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