OpenZeppelin Partnership Announcement
We’re thrilled to announce a groundbreaking partnership between Immunefi and OpenZeppelin!
OpenZeppelin, an industry leader in securing blockchain ecosystems, has been at the forefront of innovation since its inception in 2015. Renowned for its bedrock open-source Contract Libraries, OpenZeppelin helped to set the standard for smart contract development by ensuring robust security measures are in place. With a comprehensive suite of professional services and the cutting-edge Defender developer security platform, OpenZeppelin seamlessly integrates security throughout the development lifecycle.
By joining forces, OpenZeppelin and Immunefi are empowering our shared customers with unparalleled protection against security threats. Sajjad Rehman, Immunefi’s VP of Revenue, aptly captures the essence of this partnership, stating, “OpenZeppelin’s commitment to security excellence aligns perfectly with Immunefi’s mission to fortify the Web3 landscape.”
Recent data underscores the critical need for enhanced security measures that this partnership will foster. In the first quarter of 2024 alone, the cryptocurrency ecosystem experienced staggering losses totaling $336.3 million due to theft and fraud. These figures serve as a stark reminder of the persistent threat posed by malicious actors seeking to exploit vulnerabilities within blockchain networks.
In response to this challenge, Immunefi leverages the most skilled and prolific security researchers in the industry. In total, we have successfully prevented the loss of an astounding $25 billion in potential crypto theft and fraud — a testament to our unwavering commitment to safeguarding the assets of our clients.
The synergy between Immunefi and OpenZeppelin heralds a new era of security excellence. By combining OpenZeppelin’s expertise in securing blockchain ecosystems with Immunefi’s unparalleled track record in vulnerability mitigation, we are uniquely positioned to offer our shared customers unparalleled protection and exclusive offerings.
Together, Immunefi and OpenZeppelin are creating a more secure and resilient Web3 — one bug at a time.
