US government is giving $ 10 million in crypto from crypto in exchange for positive information about cyberattacks
The US State Department has introduced a $ 10 million cryptocurrency bonus in exchange for positive information about cyber attacks by foreign governments. This is the first time that the US government has introduced the use of cryptocurrencies to pay for services rendered.
US Department gives $ 10 million in crypto in exchange for positive information about cyberattacks
This offer was made through the U.S. Department of State Judiciary Awards program administered by the Department of Diplomatic Security. Because some cyber operations targeting critical infrastructure in the United States may violate the Computer Fraud and Abuse Act (FCAA), the State Department is working to respond to attacks before they happen.
These attacks include, but are not limited to, the transmission of blackmail threats as part of a ransomware attack, intentional unauthorized access to a computer, or unauthorized access. In this case, the attacker receives information from a secure computer that can be used to transmit a program, information, code or command. So they use this access to damage a secure computer.
The U.S. government is spending $ 10 million in crypto on positive news about cyberattacks. The Rewards for Justice program offers compensation in cryptocurrency.
The US State Department explains that it has set up an advisory channel via the dark web (based on Tor) to ensure the safety of the sources and ensure their protection.
The State Department’s Judiciary Awards program also works with other partners within the agency to maintain the confidentiality of information and to ensure that incoming information is processed in a timely manner.
To ensure this, the US State Department also advises that compensation payments can include payments in cryptocurrencies. This is not an interruption, as a great way to ensure reporter confidentiality is to pay for digital assets, as this ensures that attackers cannot track who has been identified.
A CoinDesk report said a State Department spokesman has confirmed that this will be the first time the program has offered payments in cryptocurrency.
This is the first time since its inception in 1984 that the Rewards for Justice program has offered cryptocurrency reward.
The digital asset liquidation proposal from the Rewards for Justice program shows that the adoption of cryptocurrencies in the industry is moving in the right direction.
One problem in the crypto space is the fact that governments have been too persistent against digital currencies and trading in cryptocurrencies is banned in many countries.
China has recently taken extensive measures against production in the country considered the mining capital of the world, accounting for more than 70% of the country’s production. In the same series, the government ordered banks and financial institutions to stop trading cryptocurrencies in the country.
But the news that El Salvador has made Bitcoin legal tender and other countries interested in it has shown that the adoption of cryptocurrencies is increasingly becoming a reality.
US government politicians have also started to support the coin. US Mayor Scott Conger posted on his Twitter account that he believes Bitcoin will help overcome inflation.
And with the U.S. Department of State’s Justice Awards program offering paid crypto services, it is certain that general attitudes about crypto within the government are slowly changing.
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