In line with the newest particulars that surfaced, Immunefi has joined forces with the Ethereum Basis to launch the “Attackathon.”
This collaboration is a part of a time-bound code evaluate program geared toward figuring out potential vulnerabilities in Ethereum’s core protocol.
Ethereum Basis contributes $500,000
The Attackathon is supposed to carry collectively high safety researchers and builders from all over the world to scrutinize Ethereum’s expertise and safety measures.
The Ethereum Basis has initiated this system with a contribution of $500,000 to the reward pool. This might be used to compensate contributors for locating and reporting safety points and bugs.
Fredrik Svantes, Protocol Safety Analysis Lead on the Ethereum Basis, expressed enthusiasm for the initiative, stating, “We’re excited to launch the primary audit competitors concentrating on the protocol itself, and may’t wait to see what kinds of vulnerabilities it would floor.”
The occasion additionally contains an academic element, aiming to extend accessibility for safety researchers and deepen their engagement throughout the Ethereum ecosystem.
Immunefi is understood for working one of many largest Web3 safety communities, with over 45,000 researchers. The agency has a observe file of facilitating main bug bounties within the software program business. They’ve reportedly paid out over $100 million in bounties and claimed to have saved over $25 billion in consumer funds.
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