Immunefi Launches Magnus to Curb $3.1B Crypto Hacks With Real-Time Threat Blocking

Immunefi, a leading blockchain security firm, has launched a new platform called Magnus to combat rising cyber threats in the cryptocurrency industry. The initiative comes as crypto-related hacks in 2025 have already reached $3.1 billion, according to Hacken. The platform is designed to detect and neutralize attacks in real time, offering immediate alerts and actionable insights to prevent financial loss and data breaches [1].

Magnus is built on Codexa, an AI-based tool that provides real-time scanning and threat detection across blockchain protocols. The platform will protect over $180 billion in user assets spread across major protocols such as Arbitrum, zkSync, and Curve Finance. It aims to unify cross-chain monitoring, threat detection, and policy enforcement into a single interface, addressing what is seen as a critical weakness in current security infrastructure [1].

Beyond technical vulnerabilities, Magnus also targets the human element of security, such as social engineering and compromised keys—common vectors for cyberattacks. To address this, Immunefi has integrated Fuzzland and FailSafe, tools that enhance smart contract monitoring and provide threat alerts in real time. The platform’s approach to centralized monitoring and rapid response aligns with industry demand for institutional-grade security [1].

Mitchell Amador, CEO and Founder of Immunefi, emphasized the importance of speed during active exploits. “When every second counts, having all your security intelligence in one place is the difference between a close call and a catastrophe,” he stated. Unlike many security platforms that lock users into proprietary systems, Magnus is designed to allow integration with best-in-class monitoring tools while maintaining unified operations [1].

The timing of the launch is particularly critical as cyber threats continue to evolve in sophistication. One such example is the JSCEAL malware, which has been active since March 2024 and has targeted over 10 million users globally. The malware impersonates well-known crypto platforms through fake websites and misleading advertisements to install malicious software on victims’ devices. Once installed, it collects sensitive data such as login credentials and location information and transmits it to attackers [2].

According to Check Point Research, the creators of JSCEAL have deployed advanced evasion techniques, including the use of multiple domains and selective payload deployment to avoid detection. During the first half of 2025 alone, the campaign generated around 35,000 malicious ads, primarily in the European Union [2]. These tactics highlight the urgency of real-time threat detection solutions like Magnus.

Immunefi’s Magnus platform is positioned to fill this need by leveraging AI to analyze patterns and detect suspicious behavior before it leads to breaches. The firm’s initiative reflects a shift from reactive to proactive cybersecurity, a trend gaining momentum in the crypto space. Security experts have noted that threats like JSCEAL demonstrate the necessity of rapid response systems capable of acting in seconds, not days [2].

While users are encouraged to maintain strong individual security practices, including the use of anti-malware tools, Immunefi’s platform offers an additional layer of protection by focusing on preemptive threat mitigation. The rollout of Magnus is expected to set a new standard for real-time security solutions in the crypto sector, emphasizing the importance of speed and integration in an increasingly complex threat environment [1].

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[1] Immunefi to tackle $3.1b in crypto hacks with tool to block threats in seconds

https://crypto.news/immunefi-to-tackle-3-1b-in-crypto-hacks-with-tool-to-block-threats-in-seconds/

[2] Malware masquerading as major crypto firms targets over 10m people worldwide

https://crypto.news/malware-masquerading-as-major-crypto-firms-targets-over-10m-people-worldwide/