Ripple and Immunefi Launch $200K XRP Bug Bounty for XRPL Institutional Lending Protocol Security

Ripple has partnered with blockchain security platform Immunefi to launch a major $200,000 bug bounty program targeting the new institutional lending protocol on the XRP Ledger (XRPL). This security initiative invites white-hat hackers and security researchers to identify vulnerabilities in the recently launched lending protocol designed for institutional participants. The comprehensive bug hunt offers substantial rewards for discovering critical vulnerabilities, demonstrating Ripple's commitment to enhancing XRPL security before wider institutional adoption. This proactive security measure aims to strengthen the protocol's infrastructure and build trust among financial institutions exploring XRPL's DeFi capabilities.