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Swisstronik Bug Bounty 1.0 launches with rewards of upto $31,000 per bug

Swisstronik, the layer-1 network for building regulatory-compliant dApps with enhanced data privacy, is pleased to announce the launch of its first testnet and Bug Bounty program with rewards reaching $31,000 per bug, paid mostly in USDT.

Swisstronik Testnet 1.0 is now ready for testing, providing dApp developers with immediate benefits such as robust encryption and enterprise-grade transaction security via Intel SGX technology.

A highly awaited debut with 750+ developers on the waitlist

With this first Swisstronik Testnet, developers can create privacy-focused decentralized applications (dApps) in line with Ethereum coding tools. Its key feature is the usage of the Intel SGX technology that allows to create a secure bubble around the Ethereum Virtual Machine (EVM).

Thanks to it, all transactions and queries within the network are encrypted, shielding transaction details even from the validators themselves. This is crucial for protecting sensitive user data during user verifications in Swisstronik’s Digital Identities module which is yet to be released.

In total, this testnet includes the following features: Intel SGX Enclaves, EVM compatibility, PoS CometBFT consensus algorithm, staking for governance, an EVM & Cosmos Block Explorer, SwisstronikJS library for encryption, and more.

The next testnet scheduled for autumn 2023 will include additional enhancements such as the Decentralized Identities block and zk-SNARKs for even higher data privacy and seamless dApp compliance. A grant program for builders will also follow soon.

The perfect time to get started

Compliance and user privacy are becoming increasingly important as the global regulatory landscape tightens around the crypto industry and Central Bank Digital Currencies (CBDCs) develop.

So since Swisstronik provides Web3 developers with a tool that balances regulatory compliance with decentralization and user privacy, the timing of this release is of the utmost significance.

By acting as a bridget between the two worlds, Swisstronik helps the industry adapt to the tightening regulations while staying true to its core values.

Why join Swisstronik’s Bug Bounty?

With over 750 applications already received for early access to Swisstronik’s Testnet 1.0, it appears that this is an excellent opportunity for any Web3 developer to pursue.

However, earning up to $31,000 per reported bug (mostly in USDT) is not the only reason to join. Developers can also acquire crucial experience in sophisticated data security technologies like Intel SGX, or in the zk-SNARKs, which are scheduled to be incorporated in the next testnet phase later on in 2023.

Swisstronik Bug Bounty participants also help Swisstronik become a secure bridge between the traditional world with its regulatory requirements and the Web3 world with its high privacy and decentralization standards.

As a result, developers can contribute to a more balanced Web3 in which KYC and other user verifications do not result in personal data loss or reliance on centralized parties, and help boost the overall blockchain adoption.

Finally, any developer should try it out simply because this is Swisstronik’s first Testnet and even inexperienced testers may discover bugs!

About Swisstronik

Swisstronik is the first blockchain platform that enables anyone to create compliant yet private dApps with no legal knowledge and minimum coding hassle. This is made possible by a previously unseen combination of two functionalities:

To begin, it is the first Web3 Compliance Suite of its kind. Swisstronik Compliance Suite is a self-regulating network, similar to a DAO, that brings together international regulators, KYC issuers, and other legal service providers.

They collaborate to adapt the Swisstronik system to local regulations in real time and consult the builders on internal compliance issues. As a result, Swisstronik-built apps are inherently compliant, even as regulations change.

Secondly, thanks to the usage of zk-SNARKs and Intel SGX, user verifications for KYC and AML purposes can be performed in a private and secure manner on the Swisstronik blockchain.

As a result, by launching on Swisstronik or integrating one of its utilities in their apps on other chains, Web3 companies can become KYC, AML, and DPR compliant at a low cost. On the other hand, users can still be confident their data remain private and secure even during identity verification.

Follow Swisstronik’s Twitter for more information on the Bug Bounty program and timely updates.

Disclaimer: This is a paid post and should not be treated as news/advice.

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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