Immunefi Surpasses $100 Million in Whitehat Rewards: A Milestone in Web3 Security
Medium | Immunefi
by ImmunefiEditor3
2d ago
Immunefi Surpasses $100m Paid to Whitehats At Immunefi, our dedication to on-chain security remains steadfast. Today, we are excited to share a monumental achievement that underscores our commitment to protecting the web3 ecosystem: Immunefi has surpassed $100 million in rewards paid to whitehat hackers. Here’s what our CEO, Mitchell Amador, had to say: https://medium.com/media/d10678615ae6fddba199c51ccb1092fb/href This milestone is not just a significant achievement for Immunefi, but also a testament to the vibrant and growing web3 security community. In just over three years, Immun ..read more
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Alchemix Access Control Issue Bugfix Review
Medium | Immunefi
by Immunefi Editor
1w ago
Summary On September 23, 2023, the security researcher Koiush submitted a high vulnerability to Alchemix via Immunefi, which consisted of improper configuration of access control for harvesting of yield. At the time of the submission, the vulnerability would have allowed an attacker to steal yield generated during harvesting in rETH, stETH, and FraxETH pools. After receiving Koiush’s report, the bug was quickly neutralized by Alchemix’s team with no impact to user funds. Alchemix promptly awarded a bounty of 1,000 ALCX ($28,730) to Koiush for this finding. Immunefi is pleased to ..read more
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Fuel and Immunefi Join Forces to Launch $1.3M
Medium | Immunefi
by Immunefi Editor 2
3w ago
Fuel and Immunefi Join Forces to Launch $1.3M Attackathon: The Largest Crowdsourced Security Audit in Web3 In a monumental collaboration, Fuel, the operating system tailored for Ethereum rollups, has announced a strategic partnership with Immunefi, Web3’s premier crowdsourced security platform. This partnership heralds the launch of an Attackathon program that will be the largest audit contest in history. The Fuel Attackathon program will have a total reward pool of $1.3M. This program will start with a $1M open contest focused on the Fuel code base followed by a $300K reward pool f ..read more
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Floki Ecosystem Has Launched a $50,000 Bug Bounty Program on Immunefi
Medium | Immunefi
by Immunefi Editor
3w ago
Exciting news! The Floki Ecosystem recently launched a bug bounty program on Immunefi, and they’re offering up to $50,000 for critical bugs! The Floki Ecosystem is an innovative protocol offering a 3D NFT Metaverse, DeFi utilities, a crypto education platform, NFTs, a merchandise store, and more. The token linked to the project, FLOKI, is designed to work across multiple blockchains, including Ethereum and BNB Chain, as it meets the requirements of both ERC-20 and BEP-20 standards. FLOKI tokens are capable of being transferred between these chains, allowing FLOKI holders the flexibility ..read more
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The Graph Rounding Error Bugfix Review
Medium | Immunefi
by Immunefi Editor
1M ago
On January 7 and January 24th, 2024, whitehat @GregadETH submitted High and Critical vulnerabilities in the Graph ecosystem, which consisted of 2 rounding errors that had the potential to result in the loss of user funds or unclaimed yield. The Graph quickly patched the issue, and paid out a bounty total of $290,497 to the whitehat. The Graph overview The Graph considers itself a “decentralized indexing protocol”. What does this mean? It enables mainly developers to access and query data across different blockchains using its “subgraphs”, which are APIs. As with other decentralized proto ..read more
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Blog Post: Immunefi Joins Forces with Three Sigma to Redefine Blockchain Security
Medium | Immunefi
by Immunefi Editor
1M ago
We’re excited to unveil a new collaboration between Immunefi and Three Sigma, marking a significant milestone in fortifying the blockchain landscape! The imperative for enhanced security measures has never been more pressing, with the crypto industry experiencing significant losses totaling $333 million to hacks in the first quarter of 2024 alone. In response to this challenge, Immunefi and Three Sigma are committed to raising the bar for security standards within the blockchain ecosystem. Three Sigma, a distinguished blockchain engineering and research consulting firm, is a leader driving bl ..read more
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Weekly Bugfix Snapshot —March 29
Medium | Immunefi
by Immunefi Editor
2M ago
When it comes to bug bounties, projects play a more than essential role in safeguarding the web3 ecosystem. By establishing bug bounty programs and diligently reviewing reports, they motivate whitehats to identify and disclose vulnerabilities, averting possible threats. Along with whitehats, they are our top partners in preventing theft and ensuring a safer web3 for all. Let’s celebrate some of their recent security wins! Deri Protocol Deri Protocol is a decentralized protocol that allows its users to trade derivatives. Their wins: Fixed a signature replay attack that cou ..read more
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Cardano Foundation Has Launched a $10,000 Bug Bounty Program on Immunefi
Medium | Immunefi
by Immunefi
3M ago
We are happy to announce that the Cardano Foundation has launched a bug bounty program with Immunefi! Cardano Foundation is a trailblazing blockchain platform with a vision for positive global change. With its commitment to evidence-based development and unparalleled security, the Cardano Foundation stands as a beacon of innovation in the crypto landscape. However, even the most robust platforms are not immune to cyber threats, which is why the Cardano Foundation has chosen to partner with Immunefi to bolster its security infrastructure. The recent surge in blockchain-related losses, totallin ..read more
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NFTX Launches a $150,000 Bug Bounty on Immunefi
Medium | Immunefi
by Immunefi
3M ago
We are happy to announce that NFTX, a pioneering protocol in the NFT space, has taken a proactive step towards bolstering its security infrastructure by hosting a bug bounty program on Immunefi. This move ensures the safety of assets for NFTX’s vast community of collectors, content creators, and investors. NFTX stands out as a trailblazing protocol in the NFT landscape. By wrapping similar-value NFTs into fungible ERC20 “vTokens,” NFTX incentivizes the creation of liquid markets for these unique assets, fostering greater accessibility and liquidity within the NFT ecosystem. Now, NFTX users ca ..read more
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Exciting News: The Vaults System Now Supports Optimism’s OP Mainnet!
Medium | Immunefi
by Immunefi
3M ago
We are thrilled to announce that our Vaults System now supports OP Mainnet! This integration marks an exciting milestone in enhancing security and fostering collaboration within the Optimism ecosystem. In addition to this integration, we are delighted to share that Immunefi has been awarded grants by the Optimism Foundation which will be used for matching rewards for critical findings on specific OP bug bounty programs. Effective immediately, whitehat rewards will be doubled for critical vulnerabilities discovered in Velodrome, Pika Protocol, Synthetix, and Extra Finance. It’s important ..read more
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