July 9th, cryptocurrency exchange Coinbase partnered with Cantina to launch a $5 million bug bounty program, focusing on the security of its on-chain products and Base blockchain's smart contracts. Vulnerabilities submitted through the Cantina platform will be assessed by Web3 security experts, and the reward criteria are based on the vulnerability's replicability and technical impact.

Prior to this, Coinbase and Cantina had already collaborated on several key protocol components, including validation pools, error proof audits, Nitro validators, and more. [BlockBeats]