Coinbase has announced the launch of a $5.00 million bug bounty program in collaboration with security platform Cantina, focusing on security audits of its on-chain products and Base network smart contracts. The program is considered a benchmark project in the Web3 security field, aiming to strengthen the security of infrastructure supporting institutional-grade and consumer-grade applications through structured processes and collaboration with global security researchers.
According to Anmol Malhotra, Head of Product Security at Coinbase, this move is another important step in Coinbase's commitment to the secure future of open on-chain development. The bounty program is now live on the Cantina platform and is now open for researchers to participate. [Odaily Planet Daily]