Coinbase partners with Cantina to launch a $5 million bug bounty program

according to official sources, Coinbase has announced a partnership with the Cantina platform to launch a $5 million bug bounty program focused on the security of its on-chain products and Base smart contracts. This is one of the largest Web3 security programs to date, aimed at setting a new benchmark for security standards for global Web3 organizations.

The program operates through the Cantina platform, where all submitted vulnerabilities will be assessed by Web3 security experts, and rewards will be graded based on the reproducibility and technical impact of the vulnerabilities. Security researchers can now participate in the program to validate critical infrastructure through a structured process.