Coinbase’s bug bounty sets a new security standard for crypto exchanges, encouraging the industry to prioritize proactive security investments

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This initiative is a powerful reminder that security in the decentralized world is a shared responsibility. It’s a continuous arms race against malicious actors, and every proactive step taken by major players like Coinbase strengthens the entire ecosystem.

It sets a new standard for securing Web3 organizations at scale

By launching such a significant and public crypto exchange security initiative, Coinbase is sending a clear message: robust security is non-negotiable. This move is expected to inspire other exchanges and blockchain projects to enhance their own security postures.