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Project Overview
Code4rena is the web3 security auditing league. Security audit contests differ from traditional audits and bug bounties, offering protocols wider coverage and guaranteed payouts for participants. The players in the arena are: Wardens, who protect the DeFi ecosystem from threats by auditing code; Sponsors, who create prize pools to attract wardens to audit their project; Judges, who decide the severity, validity, and quality of findings and rate the performance of wardens.
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El Salvador 2027 General Election Opposition Candidate Emerges, Bukele's Bitcoin Strategy Faces Political Test
According to BeInCrypto, El Salvador's two major opposition parties have officially nominated candidates for the February 2027 presidential election: the Nationalist Republican Alliance (ARENA) nominated former legislator Maytee Iraheta, while the Farabundo Martí National Liberation Front (FMLN) nominated doctor and union leader Rafael Aguirre. Both candidates clearly oppose Bukele's Bitcoin strategy, characterizing it as a fiscal failure. However, Bukele's approval rating remains as high as 94%, and his New Ideas party has also completed nominations, holding a clear advantage for re-election. It is worth noting that El Salvador revoked Bitcoin's legal tender status in February 2025 after reaching a $1.4 billion loan agreement with the IMF, restoring the US dollar as the sole official currency, but the government still maintains the plan to purchase approximately 1 Bitcoin per day, with holdings reaching approximately 7,730 BTC as of July 27.
Code4rena to Shut Down, Immunefi to Take Over Its Bug Bounty Clients
the smart contract auditing platform Code4rena has announced it will gradually cease operations. All ongoing audit contests and bug bounty programs will still be completed as normal.Web3 security platform Immunefi subsequently stated that it will collaborate with Code4rena to take over its bug bounty clients and security researchers, assisting in the migration of bounty scope, rules, and reward structures.Code4rena was known for its "competitive audit" model, allowing independent security researchers to earn rewards by discovering smart contract vulnerabilities. The platform secured $6 million in funding from Paradigm in 2023 and was acquired by blockchain security firm Zellic in 2024.