Sonic Labs Launches $2 Million Bug Bounty Program with Immunefi

Sonic Labs, the team behind the Ethereum Virtual Machine (EVM) layer-1 blockchain Sonic, has partnered with Immunefi, a leading bug bounty platform, to launch a $2 million bug bounty program. This collaboration aims to enhance the security of both the L1 protocol Sonic and the Gateway bridge.

Enhancing Network Security

According to Sonic Labs, the bug bounties program is crucial to the security of the network. The Gateway connects the new layer-1 blockchain to Ethereum, allowing users to transfer EVM assets such as USDC and Wrapped Ether to the Ethereum network. This partnership is key to ensuring network security and integrity.

Key Partnership Details

The bug bounty program will offer up to $2 million in bounties for security experts to identify vulnerabilities. Sonic Labs will release more details about this partnership and the bug bounties in the new year. Immunefi, whose bug bounty platform has seen over $110 million paid out to whitehats, currently also offers hunting opportunities for Ethereum, Stacks, and Lombard.

Tips for Bug Bounty Hunters:

  • Keep an eye on the Sonic Labs and Immunefi platforms for updates on the bug bounty program.
  • Stay informed about the latest developments in the cryptocurrency and blockchain space.
  • Develop your skills in identifying vulnerabilities and participate in bug bounty programs to earn rewards.

Immunefi’s Current Bug Bounty Opportunities

Up to $1.85 million are up for bug bounty hunters, with up to $1.5 million available after the Immunefi and Ethereum Foundation teamed up on the Ethereum protocol Attackathon. Stacks is a layer-2 platform for smart contracts on BTC, while Lombard is a leading Bitcoin liquid staking platform.

“Ensuring network security and integrity is crucial for the success of any blockchain project. The partnership between Sonic Labs and Immunefi is a positive step towards achieving this goal.”

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