Ethereum Foundation and Immunefi team up on 'Attackathon' for collaborative network audit event

Web3 bug bounty platform Immunefi has partnered with the Ethereum ETH +2.05% Foundation to launch “Attackathon” — a large-scale collaborative audit contest for the Ethereum network.

The event features a time-bound code review program to find bugs in the core protocol and engage top security researchers on Ethereum’s security and technology.

Ethereum developers and ecosystem projects have been invited to contribute to the program’s reward pool. The Ethereum Foundation has seeded the reward pool with a contribution of $500,000, which will be used to reward security researchers and developers for finding security issues and bugs.

The event also includes an educational component to enhance accessibility for security researchers and deepen their engagement within the Ethereum ecosystem.

“As part of our efforts to help further secure the Ethereum protocol, we are excited to launch the first audit competition targeting the protocol itself, and can’t wait to see what types of vulnerabilities it will surface,” said Fredrik Svantes, Protocol Security Research Lead at the Ethereum Foundation.

Immunefi operates the largest web3 security community, with over 45,000 researchers. The firm has paid out the most significant bug bounties in the software industry at over $100 million  while claiming to save over $25 billion in user funds.