Immunefi tackles $3.1 billion with a $3.1 billion crypto hack using a tool that blocks threats in seconds

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Crypto Hacks reached $3.1 billion in 2025, urging Immunefi to launch real-time threat prevention tools.

summary

Immunefi launches Magnus to protect $180 billion with user assets.
The platform utilizes AI to scan for threats.
Magnus also tackles human error, such as social engineering.

Crypto is a major target for hackers and creates the need for advanced threat mitigation tools. On Thursday, July 31st, blockchain security company Immunefi launched the Magnus platform, designed to prevent threats in real time.

The platform protects over $180 billion in user funds across protocols such as Arbitrum, Zksync and Curve Finance. According to a Hacken report, Crypto Hacks has already reached $3.1 billion, highlighting the urgent need for security solutions.

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Magnus leverages Codexa, an AI-based security tool, to scan and prevent threats in real time. Codexa serves as a comprehensive dataset of blockchain vulnerabilities, enabling real-time project scanning and instant threat alerts.

“It’s the difference between close calls and catastrophe when counted every second during an aggressive exploit, putting all security intelligence in one place,” said Mitchell Amador, CEO and Founder of Immunefi. “Unlike a platform that is trapped in its own tools, Magnus can take advantage of best-in-class surveillance providers while maintaining unified operation.”

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Immunify’s Magnus AI is working on the human element of security

Magnus does more than scan blockchain code for vulnerabilities. It also deals with human errors, including social engineering and compromised keys. For this reason, the platform integrates Fuzzland and FailSafe to bring smart contract monitoring and threat alerts into one integrated interface.

Aneirin, co-founder of FailSafe, said: “Security fragmentation was Achilles “heels” in protocols that were trying to extend to institutional standards. Magnus is unified into a single command center, providing substantial visibility and compliance coverage for security teams.

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