Immunefi launches AI-powered security platform Magnus

according to The Block, the Web3 vulnerability bounty platform Immunefi has announced the launch of the AI-supported security platform Magnus, aimed at addressing the inefficiencies of current on-chain security measures and the inevitable occurrence of large-scale violations if the system remains unchanged.

Magnus uses artificial intelligence to automate security operations in various aspects such as vulnerability scanning, auditing, bug bounties, on-chain monitoring, and firewalls.