#immunefi

KAST.xyz Partners With Immunefi To Unlock Full Potential Of Stablecoin Applications Using Advanced Web3

A crypto hack never ends when the wallet is drained. The theft lands first, fast and visible, and then a slower collapse starts to work through the rest of the project. The token keeps sliding, the treasury shrinks with it, hiring plans get cut back, product deadlines move, partners pull away, and the company that was supposed to recover spends months fighting for credibility instead of…

Ripple and Immunefi launch ‘Attackathon’ to secure XRPL’s upcoming lending protocol.

The joint initiative invites top white-hat hackers to identify vulnerabilities in the proposed XRPL lending system, with substantial rewards on offer. The program aims to strengthen network security ahead of the protocol’s official rollout.

“Your support helps us deliver fast, accurate, and independent crypto news.”

A new report from a bug bounty platform shows that the amount of crypto assets lost to hacks and frauds took a dive in August. According to Immunefi, $23,366,220 worth of digital assets were lost in August, marking a sharp decline from the $320,498,660 worth of losses recorded in July. Crypto losses from hacks and rug pulls that occurred between January and August this year amount to…

Cross-chain messaging protocol LayerZero and security platform Immunefi have teamed up to launch a $15 million bug bounty program.  The program offers a maximum reward of $15 million for anyone identifying a vulnerability at the highest severity level. According to its terms and conditions, rewards are based on Immunefi Vulnerability Severity Classification System and paid according to…

Are White Hat hackers the answer to growing exploits in the crypto market

Immunefi has given more than $65 million to white hat hackers in 2022 Smart contract bugs accounted for a majority of payouts Since its establishment in 2020, Immunefi, a prominent site for bug bounties in the cryptocurrency sector, distributed $65 million to white hat hackers. These “ethical hackers” look for weaknesses in blockchain and smart […]

Immunefi says it has facilitated $66M in bug bounty payouts to whitehats since inception

The average bug bounty payout over 1,248 confirmed reports was $52,800.