Ripple Launches $200K Attackathon to Enhance XRPL DeFi Security
CryptocurrencyRippleUpdated 2 days ago

Ripple Launches $200K Attackathon to Enhance XRPL DeFi Security

Ripple has initiated a $200,000 attackathon to bolster the security of its upcoming DeFi lending protocol on the XRP Ledger (XRPL). In collaboration with Immunefi, this initiative invites developers and the security community to identify vulnerabilities, ensuring a robust framework for institutional DeFi. By promoting innovation and collaboration, Ripple aims to strengthen its position in the decentralized finance sector and attract more institutional interest.

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Ripple Launches $200K Attackathon to Strengthen XRPL’s Institutional DeFi Framework
PositiveCryptocurrency
Ripple has launched a $200,000 attackathon aimed at enhancing the institutional DeFi framework of the XRP Ledger (XRPL). This initiative is significant as it encourages developers to innovate and build solutions that could strengthen the DeFi ecosystem, potentially attracting more institutional interest and investment in the blockchain space. By fostering creativity and collaboration, Ripple is positioning itself as a leader in the evolving landscape of decentralized finance.
Ripple Pays Hackers To Attack The XRP Ledger’s New DeFi Lending Protocol
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RippleX is taking proactive steps to enhance the security of its upcoming DeFi lending protocol by launching a $200,000 'Attackathon' in collaboration with Immunefi. This initiative invites the security community to test the XRP Ledger's new lending stack before its official release, ensuring that it is robust and secure. This move not only highlights Ripple's commitment to institutional DeFi but also fosters a collaborative approach to cybersecurity, which is crucial in today's digital finance landscape.

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