Fuel Launches $1.3M Attackathon With Immunefi, The Largest Crowdsourced Security Audit in Web3

General

Fuel,
the
operating
system
purpose-built
for
Ethereum
rollups,
today
announced
its
strategic
partnership
with Immunefi,
the
leading
crowdsourced
security
platform
for
web3
protecting
over
$60
billion
in
assets.
The
alliance
will
launch
the
largest-ever
Attackathon,
featuring
a
rewards
pool
totaling
$1.3
million.
This
comprises
a
$1
million
prize
for
the
Attackathon
and
a
dedicated
$300,000
program
for
the
top
4
ecosystem
decentralized
applications
(dApps).

Attackathon
is
a
curated
crowdsourced
security
audit
conducted
by
elite
security
researchers
combined
with
a
comprehensive
community
education
program.
The
event
will
stress
test
the
Fuel
code
base
and
its
top
4
ecosystem
projects
to
identify
and
resolve
potential
vulnerabilities,
while
fostering
an
engaged
security
researcher
community
around
its
technology
and
the
entirety
of
its
ecosystem
before
Fuel’s
mainnet
release
in
Q3
2024.
It
features
an
Immunefi
time-bound
code
review
program,
ensuring
the
highest
engagement
possible
from
best-in-class
security
researchers.
Critical
reports
will
be
surfaced
in
real-time
as
Fuel’s
program
runs,
unlike
traditional
audits,
where
a
project
would
need
to
wait
until
an
audit
is
concluded
to
assess
any
potential
vulnerabilities.
Moreover,
participants
will
get
access
to
“Fuel
Education
Weeks”
with
educational
blog
posts,
live
streams
going
over
the
tech
stack,
as
well
as
interviews
and
Q&A
sessions
with
notable
security
researchers.

Unlike
existing
virtual
machines
(VMs)
designed
for
layer-1
(L1)
blockchains
or
general-purpose
computation
systems,
Fuel
offers
the
first
purpose-built
VM
that
unlocks
new
capabilities
for
Ethereum
rollups.
Powered
by
the
FuelVM,
Fuel
aims
to
expand
Ethereum’s
capability
set
without
compromising
security
or
decentralization.
By
executing
transactions
in
parallel,
Fuel
can
scale
to
users’
increasing
demand
for
transaction
bandwidth
while
ensuring
a
high-quality
user
experience.
Allowing
rollups
to
solve
for
PSI
(parallelization,
state
minimized
execution,
interoperability),
Fuel
allows
any
chain
builder
to
deploy
highly
scalable
rollups
and
app
chains
to
solve
any
type
of
use
case.

“Fuel
is
set
to
power
a
new
era
for
Ethereum
rollups
and
we
want
to
ensure
we
have
the
best
security
standards
in
place.
Partnering
with
Immunefi
is
a
crucial
step
in
this
endeavor
that
underscores
our
commitment
to
secure
our
ecosystem
ahead
of
our
mainnet
launch,
and
to
begin
fostering
a
security-first
culture
among
all
contributors,”
said
Nick
Dodson,
CEO
and
Co-Founder
of
Fuel
Labs.

Immunefi
operates
the
largest
web3
security
community
with
over
45,000
researchers.
It
protects
over
$60Bn
in
user
funds
for
established
projects
like
Chainlink,
Wormhole,
MakerDAO,
TheGraph,
Synthetix,
Polygon,
Optimism, and
more.
Immunefi
has
paid
out
the
most
significant
bug
bounties
in
the
software
industry,
amounting
to
over
$95
million
while
saving
over
$25
billion
in
user
funds.
Currently,
Immunefi
offers
over
$161
million
in
bounty
rewards.
With
Immunefi’s
researchers,
80%
of
projects
find
vulnerabilities
missed
by
audits.

“We’re
excited
to
partner
with
Fuel
to
launch
the
industry’s
largest
Attackathon
and
support
them
in
building
a
security-focused
community
around
its
technology
and
ecosystem,“
said
Mitchell
Amador,
Founder
and
CEO
of
Immunefi. “Ensuring
security
remains
a
paramount
and
ongoing
concern.
We’re
not
only
enlisting
top
security
talent
to
stress
test
Fuel
but
also
taking
the
extra
step
to
educate
them
on
its
essential
technological
aspects
throughout
the
program.”

“We’re
excited
to
see
how
Fuel’s
technology
will
improve
the
ecosystem,
and
we’re
committed
to
supporting
their
journey
towards
building
a
safer
and
more
resilient
future
for
decentralized
economies,”
said
Sajjad
Rehman,
VP
of
Revenue
at
Immunefi.
“We’ve
witnessed
tremendous
success
in
our
time-bound
security
programs
and
we
look
forward
to
Fuel
harnessing
their
effectiveness.”

Building
a
security-focused
community

Fuel’s
Attackathon
will
feature
a
deep
educational
component
with
dedicated
resources
such
as
Technology
and
Attackathon
guides
to
create
greater
accessibility
for
the
broader
security
researcher
community
and
engage
them
further
in
its
ecosystem.
Immunefi
will
host
Fuel
Education
Weeks,
where
security
researchers
will
be
introduced
to
Fuel’s
technology
with
regular
live
streams,
Q&As,
and
robust
curated
educational
resources.
A
dedicated
Discord
channel
will
be
available
for
personalized
support
where
security
researchers
can
reach
out
directly
to
Fuel
and
Immunefi
teams
to
clarify
further
questions
on
the
program,
technology,
and
resources.

About
Immunefi

Immunefi is
the
largest
crowdsourced
security
platform
for
web3.
Immunefi
guards
over
$60
billion
in
user
funds
across
projects
like
Chainlink,
Wormhole,
MakerDAO,
TheGraph,
Synthetix,
Polygon,
Optimism, and
others.
The
company
has
paid
out
the
most
significant
bug
bounties
in
the
software
industry,
amounting
to
over
$95
million,
and
has
pioneered
the
scaling
web3
bug
bounties
standard.
For
more
information,
please
visit https://immunefi.com

About
Fuel

Fuel
is
an
operating
system
purpose-built
for
Ethereum
rollups.
Fuel
aims
to
bring
new
capabilities
to
the
Ethereum
Ecosystem
all
while
preserving
decentralisation.
Fuel
rollups
will
have
parallelization,
state-minimised
execution,
and
interoperability
along
with
native
account
abstraction
and
support
for
wallets
of
all
networks.

Fuel
combines
the
purpose-built
FuelVM,
a
highly
optimised
Rust-based
blockchain
programming
language
Sway,
a
fully
integrated
tool
chain
Forc,
and
several
services
to
create
a
complete
Rollup
OS
for
Ethereum.
Fuel’s
unique
architecture
will
allow
developers
to
build
experiences
never
before
seen
in
the
Ethereum
ecosystem.