The Hacker Cup is a Bugcrowd competition where teams of 2-5 players assemble to hack with their pals, gain bonus points, and compete for a grand prize of $10K. The event has two challenge rounds, with the top 8 teams advancing to the final round. Teams earn points based on the type and resolution of their submissions, with higher rewards for P1 submissions. Selected teams will receive expedited triage, private program invites, and exclusive swag. Researchers can only participate as part of one team, and no swaps are allowed unless in extreme circumstances.