Bullish
Arbitrum's new $7.8M security program aims to bolster ecosystem audits.
The Arbitrum Foundation has launched the Arbitrum Security Program (ASP), committing approximately $7.8 million to subsidize smart contract audits for projects building on Arbitrum. This initiative is expected to enhance the security and appeal of the Arbitrum ecosystem, potentially attracting more developers and institutional participants.
Key points
- Arbitrum Foundation launches $7.8M security program to subsidize smart contract audits.
- Fairblock introduces CUSD, a confidential stablecoin on Arbitrum for private institutional payments.
- Arbitrum leads in developer activity with over 14,000 monthly commits, outpacing competitors.
Sources
AI-generated from public news sources. Not financial advice.
