Joined July 2023
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Can’t wait for this DSS panel where @LewellenMichael moderates @MitchellAmador, @umariomaker, @getfailsafe, @neville_grech, and @TheKnapsy in a debate on whether today’s bug bounties and security incentives drive researchers toward disclosure or exploitation.
See you all at @summit_defi 🚀
Immunefi Magnus customer spotlight: @ParallelMoney
Parallel is building decentralized capital markets that connect stablecoin liquidity with institutional-grade yield.
They’re using Immunefi to secure their infrastructure and keep onchain markets protected at every layer.
The Immunefi Show Episode 2 goes live Tuesday, featuring @zachobront and @ethzed with @MitchellAmador!
"What It Takes to Secure a Trillion Dollars on Ethereum"
Let's start the week off right.
Big congrats to security researcher l0rd_0v3rfl0w for earning $70,000 for his smart contract report of high severity.
Real payouts to our community + real safety provided to web3 is the best combination.
That's why we do what we do.
Balancer’s recent $100M exploit wasn’t about negligence or bad code.
It’s a reminder of the limits every protocol faces with today’s fragmented security stack.
Even mature teams using audits, bounties, and monitoring can still face blind spots because the tools don’t talk to each other.
Full write-up at Immunefi - immunefi.com/blog/expert-ins…
We’re deeply honored to be spotlighted by @circle.
A secure future is how we bring the next decatrillion onchain.
That's why we built the Security OS - to stop hacks before they happen and unlock unprecedented value for everyone.
Alliance Program member @immunefi brings onchain threat prevention and crowdsourced security to the stablecoin ecosystem.
With $180B+ in funds protected, their unified platform helps strengthen infrastructure across protocols using USDC.
circle.com/alliance-program
No single security company can create the best technology in every single category.
That’s why we invented Immunefi Magnus.
It brings the best in the business together into a single command center, creating the biggest security juggernaut ever seen to protect the decatrillion crypto future.
And it’s all powered by the $IMU token.
👉 @ChainPatrol for real-time brand-protection & threat detection
👉 @threesigmaxyz for smart contract audits and secure protocol design
👉 @sigp_io for in-depth blockchain security assessments
👉 @osec_io for smart contract audits
👉 @getfailsafe for onchain monitoring
👉 @NexusMutual for providing the best decentralized cover in the industry
👉 @fuzzland_ for automated fuzzing and smart contract analysis
👉 @rv_inc for formal verification
More coming soon.
In 30 minutes, @base head of security @sha2nk_ joins Immunefi CEO @MitchellAmador for a fireside chat + AMA on all things BASE + SECURITY.
If you want to hear from the best how security is done, tune in.
x.com/i/spaces/1yNxabdEmDRKj
1/ NEW: Immunefi Token Sale on CoinList 🛡️
@immunefi is the first security operating system for the Onchain Economy.
• Sale opens Nov 12, 17:00 UTC
• $133.7M FDV (73% discount to last private round)
• 100% unlock at TGE
Register ➡️ coinlist.co/immunefi
Jen | Immunefi retweeted
I've seen over and over and over again that protocol longevity and adoption does not preclude serious, critical vulnerabilities; half a dozen ultra-fatal examples on famous protocols come to memory.
This is why we always, always, need to keep the disclosure channels open, continue cultivating interest in older, matured codebases, and continue adding new layers of protection and resilience to our attack surface. If we don't, this is the ultimate result.
Remember, attackers have infinite time. In the long run, we can never afford to bet against them. We must be constantly vigilant, and continually invest into our security, past and future.
This incident is no one's fault but the hacker, but it is a call-to-action for us all to raise the caution and security investment bar another notch up. We must all answer the call.
For me and Immunefi, that takes the form of the Immunefi Magnus Platform; we long realized that bug bounties alone would never be enough to secure the industry, so we decided to make it as easy as possible to discover, deploy, and run the entire stack of the very best security layers all at once.
This way every protocol and every web3 company would get the very best security money can buy on day 1, with the only barrier being their willingness to adopt.
This incident shows that we must accelerate the Immunefi Magnus vision even faster if we want to save crypto from the terrifying future hacks to come.
Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools.
Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible.
Because these pools have been live onchain for several years, many were outside the pause window. Any pools that could be paused have been paused and are now in recovery mode.
All other Balancer pools are unaffected. This issue is isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools.
Balancer is committed to operational security, has undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors. We are working closely with our security and legal teams to ensure user safety and are conducting a swift & thorough investigation. We’re grateful to our partners and the broader DeFi community for their support.
Security notice: Fraudulent messages claiming to be from the Balancer Security Team are circulating. These are not from us. Do not interact with unsolicited communications or click unknown links.
Official updates will be posted only via:
- This official Balancer account on X (Twitter)
- Our official Discord server
Be careful with communications from other sources, they can be fraudulent.
We will provide a comprehensive update with more details as our investigation progresses.
The Balancer Team.
Announcing a new Immunefi Magnus customer: @synthetix
As one of the longest-running DeFi protocols, Synthetix underpins billions in trading volume through decentralized derivatives infrastructure. With Immunefi, that infrastructure gains unified, always-on protection.
This X Space with @sha2nk_ from Base is going to be amazing.
What you can expect + contrarian takes:
- How Base safeguards $15B+ TVL
- Lessons from recent exploits
- Centralization vs. Security
- Social engineering & AI threats
- Quantum risks & onchain AI agents
- AMA: Builders on Base share what security tools and support they need most.
Set a reminder to listen in the tweet below.
Jen | Immunefi retweeted
For everyone who missed it, I hanged out with the one and only @0xriptide on his podcast and talked about Competitions at Immunefi and in general.
I know it's been already our for almost 2 weeks, but hey, maybe you didn't watch it!
piped.video/watch?v=cylXdUR3…
Jen | Immunefi retweeted
threat intelligence is of outmost importance in DeFi right now. imagine a place where you can see integrations with other protocols (like a graph network) and how others are impacted if a node is affected. so much to build still!
.@base is architecting its ecosystem with a Security by Design philosophy. What does this mean?
Join Immunefi CEO @MitchellAmador and Base head of security @sha2nk_ to find out.
We’ll also have an AMA for all Base builders to talk about their questions and security needs.
🗓️ Nov 6
⏰ 5:30pm UTC
nitter.net/i/spaces/1yNxabd…