Cryptocurrency exchange Binance is taking the offensive approach against hacking

In a statement released yesterday, Binance is offering the equivalent of $250,000 in BNB (Binance coins) for information that leads to the arrest of the hackers who targeted the exchange last week.

They also add that they would be allocating the equivalent of $10 million in USD in cryptocurrency reserves for future "bounty rewards" against any illegal hacking attempts on the exchange.

Security continues to be a major problem in the cryptocurrency space, so you if you fancy yourself being able to track down said hackers or even develop better security protocols for cryptocurrency exchanges then it's an area that could turn out rather lucrative.