The post MakerDAO and Sherlock team up for historic $1.35M security audit contest appeared on BitcoinEthereumNews.com.

MakerDAO partners with Sherlock for a record-breaking $1.35 million audit contest, launching on July 8 and ending on Aug. 5, to ensure top-tier security for its Endgame phase. MakerDAO, a long-standing decentralized finance (DeFi) lending protocol and creator of the stablecoin DAI, has announced a $1.35 million audit contest — the largest of its kind. The contest will be hosted on the Sherlock Platform, a Web3 audit contest provider, and will be a key element of MakerDAO’s initial phase of Endgame, which is set for summer 2024. Set to start on July 8, the contest will continue until Aug. 5, aiming to engage security experts in the field and emerging researchers to identify vulnerabilities. Read more Source: https://cointelegraph.com/news/makerdao-sherlock-1-35m-security-audit-contest

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Filed under: News - @ June 26, 2024 12:20 am