Coinbase, in collaboration with Cantina, has launched a $5 million bug bounty program focused on on-chain products and Base smart contracts security.

According to Mars Finance, Coinbase announced the launch of a bug bounty program in collaboration with the security platform Cantina, with a total amount of $5 million, focusing on the security review of its on-chain products and Base network smart contracts. This program is seen as a benchmark project in the Web3 security field, aiming to strengthen the infrastructure security supporting both institutional and consumer applications through structured processes and collaboration with global security researchers. According to Anmol Malhotra, Head of Product Security at Coinbase, this initiative is another important step in Coinbase's commitment to securing the future of open on-chain development. The bounty program is now live on the Cantina platform and is open for researchers to participate.