Immunefi to bolster DeFi security service with new funds

Immunefi to bolster DeFi security service with new funds

The platform has paid out more than $7.5 million in bug bounties since inception in December 2020. DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals. Immunefi will utilize the funds to advance its services in DeFi security, providing asset protection to smart contract protocols, as well as implementing financial incentives to benevolent hackers. The service is reportedly responsible for....


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