Coinbase has launched a 5 million USD bug bounty to enhance security in its products and smart contracts. This move aligns with JPMorgan’s introduction of the JPMD token and Shopify’s integration of USDC for payments globally.
The Base network, favored for institutional usage, offers fast settlement features, making it an attractive choice for clients like JPMorgan. The bug bounty builds on previous security efforts between Coinbase and Cantina.
Shopify’s integration of USDC marks a significant step toward widespread crypto payment acceptance, allowing merchants across 34 countries to conduct stablecoin transactions efficiently.
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