Immunefi Wins Guardian Medal from Binance Smart Chain

Immunefi, the leading bug bounty platform for crypto with the world’s largest bug bounties, has recently onboarded numerous BSC projects onto its platform and has so far facilitated responsible disclosure to avert a minimum of $67 million in hack damage on BSC.

What that means is that Immunefi has saved BSC users over $67 million of their personal funds from being lost to potential malicious hacks. And in DeFi, if a critical vulnerability exists out in the open, the chances of it eventually being exploited are extremely high.

In recognition of Immunefi’s success and the power of bug bounties in preventing devastating hacks, BSC recently partnered with Immunefi to offer the Priority One bug bounty matching program. This program offers bounty matching to select, pre-approved BSC projects, in order to increase the total payout for disclosures. The higher the payout for critical vulnerabilities, the more likely hackers are to responsibly disclose vulnerabilities.

Immunefi Wins Guardian Medal from Binance Smart Chain - Official Article