Immunefi and Ethereum Foundation Collaborate on Attackathon to Bolster Ethereum Security
Immunefi, a leading bug bounty platform in the Web3 space, has partnered with the Ethereum Foundation to introduce an exciting initiative called “Attackathon.” This collaborative audit contest aims to challenge and enhance the security of the Ethereum network.
The Attackathon event features a meticulously planned code review program that will closely examine Ethereum’s core protocol. The objective is to engage top-notch security researchers in evaluating the security and technology of Ethereum.
To encourage participation, Ethereum developers and ecosystem projects have been invited to contribute to the program’s reward pool. The Ethereum Foundation has already allocated $500,000 to compensate security researchers and developers for identifying any security vulnerabilities and bugs they may discover.
Immunefi expressed their excitement about the Attackathon, stating, “The Attackathon will showcase Immunefi’s elite security researcher community, competing in a time-bound audit competition. Participants have the potential to earn substantial rewards, enhance their reputation, and gain recognition from the entire Ethereum community.”
As part of the event, an educational program has been designed to enhance and expand the skills of the Ethereum protocol security researcher community. This program aims to foster innovation and create a strong community of researchers and enthusiasts dedicated to identifying and fixing potential vulnerabilities.
Fredrik Svantes, the Protocol Security Research Lead at the Ethereum Foundation, shared his enthusiasm for the initiative, saying, “As part of our efforts to further secure the Ethereum protocol, we are excited to launch the first audit competition targeting the protocol itself. We can’t wait to see what types of vulnerabilities this competition will surface.”
Immunefi boasts the largest Web3 security community, consisting of over 45,000 researchers. The company has successfully awarded more than $100 million in bug bounties, the highest amount in the software industry. They take pride in safeguarding over $25 billion in user funds, ensuring the security of the Web3 ecosystem.
