Coinbase and Cantina have unveiled a $5 million bug bounty program to enhance the security of Cantina's on-chain products and Base smart contracts. This initiative aims to establish new security standards for global Web3 organizations. The program, hosted on the Cantina platform, invites security researchers to identify vulnerabilities, which will be assessed by Web3 security experts. Rewards will be determined based on the reproducibility and technical impact of the discovered vulnerabilities.