News with the tag "immunefi"

In February 2025, losses in the crypto ecosystem increased by 20x month-over-month compared with January 2025, according to the latest report by major blockchain security platform Immunefi . In January, registered losses stood at $73,915,700. Just a month later, this figure jumped to $1,528,342,400....

Major blockchain security platform Immunefi has launched Magnus , its AI-powered security orchestration platform. Per the press release shared with Cryptonews , the novel platform unites threat intelligence and automates security operations across a protocol’s security stack, maximizing protection. ...

2025 has barely begun, and the crypto industry is already struggling with a massive spike in hack incidents. Immunefi, a Web3 security platform, reported that January saw $73.9 million in losses from 19 attacks. This is a staggering increase of nine times from the previous month. However, in a silve...

Compound Finance, a leading decentralized finance (DeFi) protocol, has launched a $1 million bug bounty program in collaboration with blockchain security platform Immunefi. This initiative aims to strengthen the security of its protocol and foster trust in its ecosystem by incentivizing researchers ...

The founder of Web3 bug bounty platform ImmuneFi, Mitchell Amador, has issued a stark warning that hackers are making a “full-time job” of attacking decentralized finance (DeFi) protocols. His words come while a spate of high-profile hacks rock the industry just as the pro-crypto Donald Trump is abo...

New data from crypto security firm ImmuneFi reveals that hackers and fraudsters stole tens of millions of dollars with the blockchain of Binance being their top target. In a new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an overall decrease in fraudulent a...

Cryptocurrency hackers continue damaging the industry’s reputation as the yearly value stolen through cyberattacks nears $1.5 billion.

Immunefi suspended Trust Security over accusations of manipulating issues, sparking debate on fairness in Web3 bug bounty platforms.

According to the latest report from blockchain security firm Immunefi, the cryptocurrency sector will face persistent challenges with hacks and scams in 2024. The report highlights that although exploit losses have decreased monthly, the industry has seen more than $1.4 billion lost to 179 hacks and...

Crypto space lost $55.2 million, marking the second-lowest loss YTD but a 114% increase from October 2023, according to the latest Immunefi report. The post Crypto Losses in October 2024: 2nd Lowest YTD but 114% Higher Than Previous October appeared first on Cryptonews .