Coinbase launches $5 million bug bounty program to focus on smart contract security for its on-chain products and Base Chain

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According to Foresight News, cryptocurrency exchange Coinbase has collaborated with Cantina to launch a $5 million bug bounty program focused on smart contract security for its on-chain products and Base blockchain. The program will be conducted through the Cantina platform, with all submitted vulnerabilities assessed by Web3 security experts. Reward standards will be based on the reproducibility and technical impact of the vulnerabilities. Previously, Coinbase and Cantina had already collaborated on multiple key protocol components, including validation pools, error proof audits, and Nitro validators.

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