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Immunefi and Dedaub join forces to bring onchain firewall to Magnus

Immunefi and Dedaub join forces to bring onchain firewall to Magnus

Crypto.NewsCrypto.News2025/05/04 16:00
By:By Benson TotiEdited by Jayson Derrick

Web3 security platforms Immunefi and Dedaub are collaborating to enhance the capabilities of Immunefi’s newly launched security operations command center, Magnus.

Together, Immunefi and Dedaub protect more than $220 billion in assets, with Dedaub offering security and auditing tools used by industry leaders including the Ethereum Foundation, Coinbase, EigenLayer, and Chainlink.

The companies said in an announcement that their collaboration eyes an onchain firewall for Magnus, enabling real-time threat detection for users.

Magnus is a recently introduced web3-focused SecOps command center designed to offer a single interface for security audits, bounties, network monitoring and firewalling. Meanwhile, Dedaub’s onchain firewall technology, powered by novel artificial intelligence models, offers a solution that protocols can leverage to block most malicious threats before they impact the platform.

“Together, we’re building a firewall purpose-built for web3 — designed to proactively block exploits before they can compromise vulnerable contracts. This Firewall is a practical step toward making protocol defenses more automatic and more reliable,” Neville Grech, co-founder of Dedaub, said.

Through the partnership, Dedaub’s proven threat prevention technology will be integrated into Magnus. This includes over 200 security audits across DeFi and EVM-compatible ecosystems, as well as static analysis, real-time monitoring, and smart contract decompilation tools. The firewall integration will also provide actionable alerts and automation tools.

As well as Dedaub, Immunefi recently announced Plume Network as a Magnus founding customer, with the real world assets blockchain platform tapping into Immunefi for end-to-end security as it scales its RWAs footprint.

Immunefi reported in April that crypto hack losses in the first four months of 2025 had already surpassed $1.74B billion, four times more than the $420 million the crypto market lost over the same period in 2024. Notably, the hacked amount jumped 9x in January this year.

Currently, the $1.74 billion figure means crypto hack losses in 2025 had already surpassed the $1.49 billion looted the previous year. Bybit’s $1.5 billion hack accounts for most of this.

Part of Immunefi’s effort to help has seen it pay out rewards amounting to more than $115 million to security researchers. Meanwhile, the platform claims its technology has helped avert over $25 billion worth of potential hack losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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