Crypto hacks jump ninefold in January: Immunefi

Crypto hacks surged in January 2025, with total losses reaching $73.9 million across 19 incidents, according to a report by Immunefi.  The figure marks a ninefold increase from December but a 44.6% decline compared to January 2024, when hackers stole $133.4 million, according to the report.  Singapore-based exchange Phemex accounted for the bulk of the […]

Sonic Labs and Immunefi to offer $2m bug bounty program

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. In its announcement on X, Sonic Labs said it had partnered with Immunefi to offer a $2 million bug bounty program. The projects’ collaboration comes […]