With the launch of the 'All Stars' initiative, Immunefi aims to strengthen security within the blockchain ecosystem amid significant user losses. The program will engage leading security researchers to mitigate risks.
Goals and Objectives of the Initiative
The 'All Stars' program is aimed at uniting high-performing security researchers and auditors in Web3.
In light of losses exceeding $1.74 billion in 2025, Immunefi hopes to enhance user trust and sector resilience.
Participation of Security Researchers
The initiative includes a group of researchers such as **LonelySloth**, who have previously earned significant bounties. **Mitchell Amador**, CEO of Immunefi, noted that the program will be open to active participation in various security activities, including audits and competitions.
Immunefi’s network now involves about 60,000 researchers safeguarding over $190 billion in assets, with more than $116 million distributed in bounties.
Market Impact and User Confidence
The program aims to boost security in a high-risk environment, which could significantly alter market dynamics. The initiative is expected to enhance protocol stability and strengthen user confidence in the blockchain ecosystem.
The global blockchain security community is already monitoring this initiative as an indicator of potential technological and regulatory advancements.
Immunefi's 'All Stars' initiative demonstrates a proactive approach to strengthening security within the blockchain ecosystem, which could play a crucial role in preventing future hacks and losses for users.
