Code4rena Ceases Operations; Immunefi to Take Over Bug Bounty Clients and Security Researchers

According to The Block, Code4rena, a smart contract audit platform, announced it will cease operations, with Web3 security company Immunefi taking over its bug bounty clients and security researchers. Code4rena said all incomplete competitions and bounty projects will still be completed, with existing partnerships properly concluded. Immunefi will assist related protocols in migrating their bug bounty scopes, rules, and reward structures.

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