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Zoomex partners with HackenProof to launch a new Vulnerability Bounty Program

By: Press Release Distribution Service
June 30, 2025 at 19:21 PM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Seychelles, June 30, 2025 -- Global digital asset trading platform Zoomex today announced a strategic partnership with Web3 security collaboration platform HackenProof to officially launch its first Bug Bounty Program. This marks a significant upgrade in Zoomex’s security strategy and signals the beginning of a collaborative open-security system, integrating the global white-hat hacker community into its core security ecosystem to safeguard user asset safety together.

Zoomex stated that the Bug Bounty Program will focus on the platform’s core architecture, including its matching engine, account system, trading environment, and mobile app user flows. By simulating real-world attack scenarios, the platform aims to proactively identify potential vulnerabilities, enhance overall risk resilience, and ensure reliable trading operations.


As part of the first trial phase, Zoomex is launching a $100,000 incentive pool, with additional funds to be added dynamically based on the quality and quantity of submissions to encourage continued participation.


“Security should not be a closed system. It must be an evolving, collaborative ecosystem. Our partnership with HackenProof enables us to leverage the expertise of the global white-hat community to continuously strengthen Zoomex’s resilience against threats.”

— Rovango Zheng, Zoomex Chief Technology Officer (CTO)

Unlike traditional static code reviews or single-point penetration tests, the Bug Bounty model enables more realistic replication of complex attack scenarios such as high-frequency trading exploits, privilege abuse, or abnormal fund transfers. All bug reports will be verified, rated, re-tested, and rewarded through the HackenProof platform, ensuring transparency, standardization, and auditability. Participants must complete identity verification in accordance with platform guidelines to ensure responsible and compliant submissions.


As a key technical partner in this initiative, HackenProof is one of the most specialized cybersecurity firms in the Web3 space, offering services including penetration testing, bug bounty program management, and blockchain security audits.


“Zoomex is a rapidly growing global crypto exchange, and their forward-looking investment in security demonstrates a strong commitment to users and the market. We’re honored to partner with Zoomex and look forward to helping build a more robust security framework.”

— Dmytro Budorin, Founder and CEO of Hacken


Zoomex emphasized that the Bug Bounty Program is only one component of its comprehensive security roadmap. The platform will continue investing in areas such as on-chain monitoring, multi-signature protocols, AI-driven risk modeling, and security audits, forming a top-down loop of risk identification – response and remediation – early warning and interception.


The Zoomex Bug Bounty Program is now live on the HackenProof platform. The global white-hat community is welcome to participate:

https://hackenproof.com/programs/zoomex-web-and-mobile



Zoomex remains committed to building a future-ready global trading platform through open, transparent, and professional collaboration.


About ZOOMEX:

Founded in 2021, Zoomex is a global cryptocurrency trading platform that follows the core values of “simplicity × ease of use × speed.” The platform is dedicated to providing users with high-performance, low-barrier trading experiences. Zoomex optimizes both its matching engine and user interaction processes, supporting millisecond-level command responses, and significantly enhancing usability through a minimalist interface. With flexible identity verification mechanisms and a complimentary  trading system, Zoomex is building a faster, safer, and more accessible trading environment for users worldwide.

Contact Info:
Name: Catherine Shek
Email: Send Email
Organization: Zoomex
Website: http://www.zoomex.com/

Disclaimer:

This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.

You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.

Release ID: 89163548

In case of identifying any problems, concerns, or inaccuracies in the content shared in this press release, or if a press release needs to be taken down, we urge you to notify us immediately by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team will be readily accessible to address your concerns and take swift action within 8 hours to rectify any issues identified or assist with the removal process. We are committed to delivering high-quality content and ensuring accuracy for our valued readers.

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