Immunefi Collaborates with Ethereum Foundation on The First “Attackathon” To Enhance Ethereum’s Protocol Security

Immunefi,
the
leading
onchain
crowdsourced
security
platform
protecting
over
$190
billion
in
assets,
announced
the
first
Attackathon
in
conjunction
with
the
Ethereum
Foundation.
 

The
Attackathon
represents
a
first-time
collaborative
effort,
which
aims
to
be
the
largest-ever
crowdsourced
security
audit
contest
conducted
to
augment
security
for
the
entirety
of
the
protocol’s
code.
The
Attackathon
features
a
time-bound
code
review
program
by
Immunefi,
ensuring
top-tier
engagement
from
elite
security
researchers.
Additionally,
it
includes
a
comprehensive
community
education
program
centered
on
Ethereum-related
security
and
technology. 

Ethereum
is
a
decentralized,
open-source
blockchain
platform
that
enables
developers
to
build
and
deploy
smart
contracts
and
decentralized
applications
(dApps).
Launched
in
2015,
Ethereum
allows
for
programmable
transactions
and
offers
a
secure
and
transparent
environment
for
various
applications
beyond
cryptocurrency,
fostering
innovation
across
finance,
gaming,
and
supply
chain
management.

Sponsoring
The
Reward
Pool

Immunefi
and
the
Ethereum
Foundation
invite
the
Ethereum
community—from
ecosystem
projects
to
developers—to
sponsor
this
enhancement
of
the
protocol’s
security
by
contributing
to
the
program’s
reward
pool.
Unique
digital
memorabilia
will
be
available
to
reward
their
participation,
along
with
specific
benefits
depending
on
the
sponsorship
tier. 

To
kick
off
the
Sponsorship
program,
the
Ethereum
Foundation
has
seeded
the
reward
pool
with
a
contribution
of
$500,000.
Starting
today,
Immunefi
Ethereum
community
members
can
visit immunefi.com/sponsor-ethereum-attackathon/ to
participate
in
the
sponsorship
program,
and
view
the
sponsor
leaderboard
as
it
is
updated.

The
sponsored
pool
will
deposit
directly
into
the
Attackathon vault on
Immunefi,
a
proprietary
solution
designed
to
transparently
display
the
allocation
of
a
program’s
funds
and
streamline
the
payment
process
between
projects
and
security
researchers.
The
sponsorship
program
will
be
closed
and
the
final
reward
pool
locked
by
1st
August
2024,
after
which
further
details
of
the
Attackathon
will
be
announced.

“As
part
of
our
efforts
to
help
further
secure
the
Ethereum
Protocol,
we
are
excited
to
launch
the
first
audit
competition
targeting
the
protocol
itself,
and
can’t
wait
to
see
what
types
of
vulnerabilities
it
will
surface!”
said
Fredrik
Svantes,
Protocol
Security
Research
Lead
at
the
Ethereum
Foundation.

Immunefi
operates
the
largest
web3
security
community
with
over
45,000
researchers.
It
protects
over
$190
billion
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
$100
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. 

“Ethereum
is
fundamentally
transforming
the
world
as
we
know
it
and
will
continue
to
do
so,
”
said
Mitchell
Amador,
Founder
and
CEO
of
Immunefi.
“We
are
incredibly
proud
to
partner
with
the
Ethereum
Foundation
and
do
our
part
to
contribute
to
the
vision
of
an
open,
more
efficient,
and
decentralized
future.
By
leveraging
our
collective
security
expertise
and
resources,
we
aim
to
ensure
the
integrity
and
security
of
the
Ethereum
network.”

“We’re
bringing
together
the
world’s
top
security
community
to
safeguard
one
of
the
most
significant
blockchain
technologies
ever
created,”
said
Sajjad
Rehman,
VP
of
Revenue
at
Immunefi.
“This
commitment
will
not
only
bolster
the
security
of
the
technology
itself
but
also
strengthen
the
trust
and
confidence
of
Ethereum’s
growing
global
user
base.”

Ethereum
Security
Education

The
Ethereum
Foundation’s
Attackathon
will
include
a
comprehensive
educational
component,
providing
dedicated
resources
such
as
Ethereum
technology
and
security
explainers
and
a
dedicated
guide
on
the
Attackathon.
These
resources
aim
to
enhance
accessibility
for
the
broader
security
researcher
community
and
deepen
their
engagement
within
the
Ethereum
ecosystem. 

About
Immunefi

Immunefi is
the
largest
crowdsourced
security
platform
for
web3.
Immunefi
guards
over
$190
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
$100
million,
and
has
pioneered
the
scaling
web3
bug
bounties
standard.
For
more
information,
please
visit https://immunefi.com

About
Ethereum
Foundation

EF
is
a
non-profit
and
part
of
a
community
of
organizations
and
people
working
to
fund
protocol
development,
grow
the
ecosystem,
and
advocate
for
Ethereum.
For
more
information,
please
visit https://ethereum.foundation/