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href="https://bugs.immunefi.com/?utm_source=immunefi" class="inline-block max-w-min text-center xl:whitespace-nowrap">Login</a><a class="btn-tertiary btn whitespace-nowrap px-4 xl:px-6" href="/bug-bounty/">Explore bounties</a></nav></div></header><main><div class="space-y-20 lg:space-y-40"><section class="container"><div class="flex flex-col justify-between space-y-10 lg:flex-row lg:items-end lg:space-y-0"><div class="flex max-w-[876px] flex-col space-y-4 lg:space-y-8"><h1 class="text-xl font-medium lg:text-4xl">Press</h1><div class="lg:text-xl"><div class="Markdown_markdown__63pVN"><p>Want to cover Immunefi's work as the leading bug bounty platform for Web3 with the world's largest bounties? See below for our story, past coverage, brand assets, and our press contact info.</p></div></div></div></div></section><section class="container"><div class="prose-white prose max-w-none lg:prose-lg"><section class="mb-12 rounded bg-gray-800 p-8 last:mb-0 LandingPage_landingPage__CB8qQ"><div class="Markdown_markdown__63pVN"><div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="intro" node="[object Object]">Intro</h2></div> <p>Launched on December 9, 2020, Immunefi is the premier bug bounty platform focused on Web3 security, including blockchains, NFT projects, smart contracts. We provide bug bounty hosting and consultation services to blockchain and smart contract projects. Bug bounty programs are open invitations to security researchers to discover and disclose potentially vulnerabilities in projects’ smart contracts and applications, thereby protecting projects and their users.</p> <p>For their good work, security researchers receive a reward based on the severity of the vulnerability, as determined by the project affected. Why have a bug bounty program at all? In 2022 alone, hacks and scams cost the Web3 community <a href="https://assets.ctfassets.net/t3wqy70tc3bv/1ObYJk9jzWS4ExHICslYep/e2b5cee51268e47ee164c4dffbd78ad4/Immunefi_Crypto_Losses_2022_Report.pdf?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">$4 billion dollars</a>, and bug bounties can prevent those hacks from happening. Bug bounty programs surface vulnerabilities so they can be fixed before they get exploited in malicious hacks that destroy projects and ruin reputations.</p> <p>Bug bounties:</p> <ul> <li>Increase trust among users</li> <li>increase trust among developers</li> <li>Increase trust among the DeFi community</li> <li>Incentivize security researchers to protect the community</li> <li>Boost DeFi's reputation</li> </ul> <p>Everyone wins.</p> <p>Immunefi is doing for DeFi what companies like PayPal, Stripe, and Shopify have done for online shopping: removing security risk and making high-quality decentralized financial products safe for the average person. We help prevent hacks to make DeFi safe for everyone.</p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="coverage" node="[object Object]">Coverage</h2></div> <p><a href="https://techcrunch.com/2022/09/22/web3-bug-bounty-platform-immunefi-raises-24m-for-its-series-a-funding-round?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">Web3 bug-bounty platform Immunefi raises $24M for its Series A funding round - TechCrunch</a></p> <p><a href="https://www.theblock.co/post/197424/ethical-crypto-hackers-win-52-million-in-bug-bounties-via-immunefi-in-2022?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">Ethical crypto hackers win $52 million in bug bounties via Immunefi in 2022 - The Block</a></p> <p><a href="https://decrypt.co/92653/makerdao-launches-record-10m-bug-bounty-program-on-immunefi?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">MakerDAO Launches Record $10M Bug Bounty Program On Immunefi - Decrypt</a></p> <p><a href="https://techcrunch.com/2022/04/04/q1-crypto-losses-spike-695-on-year-following-massive-hacks?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">Q1 crypto losses spike 695% on year following massive hacks - TechCrunch</a></p> <p><a href="https://portswigger.net/daily-swig/blockchain-bridge-wormhole-pays-record-10m-bug-bounty-reward?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">Blockchain bridge Wormhole pays record $10m bug bounty reward - The Daily Swig</a></p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="immunefis-origin-story" node="[object Object]">Immunefi’s Origin Story</h2></div> <p>In early 2020, Mitchell Amador was hiking in the Swiss alps, and while trudging through the snow, he received a notification on his phone that another crypto project had just been hacked. In that brief moment, hackers stole millions of users’ funds. The news of this hack was an emotional hit because he had major investments in smart contracts.</p> <p>He came to the conclusion that something was deeply wrong with security in DeFi and Web3, and there was no real person or product out there that could help him. He didn’t feel safe about his investments and realized no one else did either.</p> <p>The talent necessary to solve this problem existed in the community, but there was nothing pulling it all together. Hackers had no incentive themselves to protect projects. There had to be something new to bring everyone together to help make the community safe. And that’s when Immunefi, the bug bounty platform focused on Web3, was born.</p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="our-customers" node="[object Object]">Our Customers</h2></div> <p>Since launching, our customers have included smart contract projects like Synthetix, TheGraph, Polygon, MakerDAO, Nexus Mutual, SushiSwap, Vesper, Bancor, Chainlink, and we are in the process of onboarding many more.</p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="facts-figures" node="[object Object]">Facts & Figures</h2></div> <ul> <li>Immunefi has the world's largest bug bounties and payouts</li> <li>Immunefi is the leading bug bounty platform for Web3</li> <li>Immunefi has more than 330 projects on its platform</li> <li>To date, Immunefi has paid out more than $100,000,000 in bounties to whitehats</li> <li>Immunefi has saved over $25 billion in user funds from being hacked</li> <li>Immunefi currently protects more than $190 billion dollars in funds</li> <li>Immunefi was founded on December 9, 2020, by Mitchell Amador, who also serves as CEO.</li> </ul> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="recent-announcements" node="[object Object]">Recent Announcements</h2></div> <p>See our <a href="https://medium.com/immunefi?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">Medium</a> for the latest news from Immunefi.</p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="brand-assets" node="[object Object]">Brand Assets</h2></div> <p>Our brand assets are available <a href="https://drive.google.com/drive/u/0/folders/1fKFxkLccjKwvVD6YWPeWJgCxs76z5Pwf?utm_source=immunefi" node="[object Object]" target="_blank" rel="noopener noreferrer">here</a>.</p> <div class="relative"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" aria-hidden="true" class="absolute -left-7 top-2 hidden h-5 w-5" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" d="M6.32 2.577a49.255 49.255 0 0 1 11.36 0c1.497.174 2.57 1.46 2.57 2.93V21a.75.75 0 0 1-1.085.67L12 18.089l-7.165 3.583A.75.75 0 0 1 3.75 21V5.507c0-1.47 1.073-2.756 2.57-2.93Z" clip-rule="evenodd"></path></svg><h2 id="contacts" node="[object Object]">Contacts</h2></div> <p>For all media and interview requests, please contact <a href="/cdn-cgi/l/email-protection#3f4f4d5a4c4c7f5652524a515a5956115c5052004a4b52604c504a4d5c5a025652524a515a5956" node="[object Object]" target="_blank" rel="noopener noreferrer"><span class="__cf_email__" data-cfemail="443436213737042d2929312a21222d6a272b29">[email protected]</span></a></p></div></section></div></section></div></main><footer class="mt-12 lg:mt-22 bg-gray-800"><div class="container pb-12 pt-8"><div data-testid="Newsletter" class="w-full"><form><div class="grid gap-4 rounded-md bg-gray-900 px-4 py-4 sm:grid-rows-2 lg:grid-cols-2 lg:grid-rows-none lg:gap-10 lg:px-4"><div><p class="text-balance text-center text-[16px] sm:text-base lg:text-left xl:text-lg mx-auto max-w-[350px] lg:mx-0 lg:max-w-none">Hackers subscribed to our newsletter are <br class="hidden sm:inline"/> more likely to earn a Bounty</p></div><div class="grid grid-cols-6"><div class="col-span-4 xl:col-span-5"><input class="flex h-full w-full appearance-none rounded-sm border-none 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class="hidden px-1 sm:inline">–</span>Crypto bug bounty platform</span></div></div><div class="container py-8 pb-[100px]"><div class="flex flex-col-reverse justify-between space-y-8 lg:flex-row lg:space-y-0"><div class="mt-12 space-y-4 font-medium lg:mt-0"><a href="https://twitter.com/immunefi?utm_source=immunefi" class="flex items-center space-x-4" target="_blank" rel="noopener noreferrer"><div class="flex shrink-0 items-center rounded-full border bg-white p-1"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 512 512" class="text-black" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path d="M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z"></path></svg></div><span>𝕏 / Twitter</span></a><a href="https://discord.gg/rpkPDR7pVV?utm_source=immunefi" class="flex items-center space-x-4" target="_blank" rel="noopener noreferrer"><div class="flex 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href="/research/">Research</a><a href="/press/">Press</a><a href="https://drive.google.com/drive/u/0/folders/1fKFxkLccjKwvVD6YWPeWJgCxs76z5Pwf?utm_source=immunefi" target="_blank" rel="noopener noreferrer">Brand Assets</a><a href="https://immunefisupport.zendesk.com/?utm_source=immunefi" target="_blank" rel="noopener noreferrer">Help</a></div><div class="flex flex-col space-y-4"><div class="py-1">LEGAL</div><a href="/terms-of-use/">Terms of Use</a><a href="/privacy-policy/">Privacy</a><a href="/employee-verification/">Employee Verification</a></div></div></div></div></footer></div></div><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script id="__NEXT_DATA__" type="application/json" nonce="OTMzY2VjMDktZTA4Ni00NzlhLTk0OGItODI5YzAxMzk3ZTM5">{"props":{"pageProps":{"landingPage":{"slug":"press","title":"Press","hero_body":"Want to cover Immunefi's work as the leading bug bounty platform for Web3 with the world's largest bounties? See below for our story, past coverage, brand assets, and our press contact info. ","cta_text":"Contact","cta_url":"","body":"## Intro\n\nLaunched on December 9, 2020, Immunefi is the premier bug bounty platform focused on Web3 security, including blockchains, NFT projects, smart contracts. We provide bug bounty hosting and consultation services to blockchain and smart contract projects. Bug bounty programs are open invitations to security researchers to discover and disclose potentially vulnerabilities in projects’ smart contracts and applications, thereby protecting projects and their users. \n\nFor their good work, security researchers receive a reward based on the severity of the vulnerability, as determined by the project affected. Why have a bug bounty program at all? In 2022 alone, hacks and scams cost the Web3 community [$4 billion dollars](https://assets.ctfassets.net/t3wqy70tc3bv/1ObYJk9jzWS4ExHICslYep/e2b5cee51268e47ee164c4dffbd78ad4/Immunefi_Crypto_Losses_2022_Report.pdf), and bug bounties can prevent those hacks from happening. Bug bounty programs surface vulnerabilities so they can be fixed before they get exploited in malicious hacks that destroy projects and ruin reputations.\n\nBug bounties:\n\n- Increase trust among users \n- increase trust among developers \n- Increase trust among the DeFi community \n- Incentivize security researchers to protect the community \n- Boost DeFi's reputation \n\nEveryone wins. \n\nImmunefi is doing for DeFi what companies like PayPal, Stripe, and Shopify have done for online shopping: removing security risk and making high-quality decentralized financial products safe for the average person. We help prevent hacks to make DeFi safe for everyone. \n\n## Coverage\n\n[Web3 bug-bounty platform Immunefi raises $24M for its Series A funding round - TechCrunch](https://techcrunch.com/2022/09/22/web3-bug-bounty-platform-immunefi-raises-24m-for-its-series-a-funding-round)\n\n[Ethical crypto hackers win $52 million in bug bounties via Immunefi in 2022 - The Block](https://www.theblock.co/post/197424/ethical-crypto-hackers-win-52-million-in-bug-bounties-via-immunefi-in-2022)\n\n[MakerDAO Launches Record $10M Bug Bounty Program On Immunefi - Decrypt](https://decrypt.co/92653/makerdao-launches-record-10m-bug-bounty-program-on-immunefi)\n\n[Q1 crypto losses spike 695% on year following massive hacks - TechCrunch](https://techcrunch.com/2022/04/04/q1-crypto-losses-spike-695-on-year-following-massive-hacks)\n\n[Blockchain bridge Wormhole pays record $10m bug bounty reward - The Daily Swig](https://portswigger.net/daily-swig/blockchain-bridge-wormhole-pays-record-10m-bug-bounty-reward)\n\n## Immunefi’s Origin Story\n\nIn early 2020, Mitchell Amador was hiking in the Swiss alps, and while trudging through the snow, he received a notification on his phone that another crypto project had just been hacked. In that brief moment, hackers stole millions of users’ funds. The news of this hack was an emotional hit because he had major investments in smart contracts. \n\nHe came to the conclusion that something was deeply wrong with security in DeFi and Web3, and there was no real person or product out there that could help him. He didn’t feel safe about his investments and realized no one else did either.\n\nThe talent necessary to solve this problem existed in the community, but there was nothing pulling it all together. Hackers had no incentive themselves to protect projects. There had to be something new to bring everyone together to help make the community safe. And that’s when Immunefi, the bug bounty platform focused on Web3, was born. \n\n## Our Customers\n\nSince launching, our customers have included smart contract projects like Synthetix, TheGraph, Polygon, MakerDAO, Nexus Mutual, SushiSwap, Vesper, Bancor, Chainlink, and we are in the process of onboarding many more. \n\n## Facts \u0026 Figures \n\n- Immunefi has the world's largest bug bounties and payouts\n- Immunefi is the leading bug bounty platform for Web3\n- Immunefi has more than 330 projects on its platform\n- To date, Immunefi has paid out more than $100,000,000 in bounties to whitehats\n- Immunefi has saved over $25 billion in user funds from being hacked\n- Immunefi currently protects more than $190 billion dollars in funds\n- Immunefi was founded on December 9, 2020, by Mitchell Amador, who also serves as CEO. \n\n## Recent Announcements \n\nSee our [Medium](https://medium.com/immunefi) for the latest news from Immunefi.\n\n## Brand Assets\n\nOur brand assets are available [here](https://drive.google.com/drive/u/0/folders/1fKFxkLccjKwvVD6YWPeWJgCxs76z5Pwf). \n\n## Contacts\n\nFor all media and interview requests, please contact press@immunefi.com","cta2_headline":"","cta2_text":"","cta2_url":""},"content":null,"metaData":{"title":"Immunefi - Press","suffix":"","description":"Want to cover Immunefi's work as the leading bug bounty platform for Web3 with the world's largest bounties? 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