Sonic Labs and Immunefi announce bug bounty program

user avatar

by Giorgi Kostiuk

2 years ago

Sonic Labs has announced a partnership with Immunefi to launch a $2 million bug bounty program. This initiative follows the recent launch of the Sonic mainnet.

Sonic Labs and Immunefi Collaboration

Sonic Labs is partnering with the Immunefi platform to offer a bug bounty program amounting to $2 million. This collaboration aims to enhance the security of the Sonic blockchain running on the Ethereum Virtual Machine. Several exchanges, including Binance, support the token migration from Fantom to Sonic.

Security of the Sonic Protocol

The bug bounty program will enhance the security of the L1 Sonic protocol and the Gateway bridge connecting this blockchain to Ethereum. Sonic is working with leading audit firms, including Open Zeppelin, Quantstamp, and Certora, ensuring the bridge's security.

Support and Prospects of the Program

The Immunefi platform, which has successfully paid out over $110 million to white-hat hackers, offers bug hunting opportunities for Ethereum and other blockchains. As part of the collaboration, up to $1.5 million in rewards may be available for participants of Ethereum-based Attackathons.

Sonic Labs' collaboration with Immunefi highlights a commitment to improving network security and interoperability with other blockchains. Such initiatives emphasize the importance of protection for stable platform operation.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

US Household Inflation Expectations Increase Ahead of Federal Reserve Meeting

In October 2023, American households raised their inflation expectations to 4.7% for the next year and 3.5% for the long run, according to a survey by the University of Michigan.

user avatarFilippo Romano

XRP Ledger Maintenance Amendment Regains Validator Majority

The XRP Ledger's fixCleanup340 amendment has regained majority support from validators, moving its activation window to November 4.

user avatarEmily Carter

W Group Invests in SwapGlobal for Institutional Pre-IPO Derivatives

W Group has announced its investment in SwapGlobal, which is preparing to offer institutional pre-IPO derivatives.

user avatarTomas Novak

Aave Labs Clarifies V38 Security Upgrade Details

Aave Labs has clarified its proposed V38 security upgrade, focusing on the exclusion of flashloan entry points from the new reentrancy guard, ensuring functionality during liquidations.

user avatarKaterina Papadopoulou

Aave Launches Externally Curated V4 Markets on Ethereum

Aave has launched its first externally curated V4 markets on Ethereum, managed by Sentora, which oversees active borrowing markets for RLUSD, PYUSD, and OUSD.

user avatarMaya Lundqvist

New Features Introduced in Stellar's Bell Upgrade

The Bell upgrade introduces new features including support for contract addresses and millisecond ledger timestamps, enhancing the Stellar network's capabilities.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.