Choose Rich Live
Crypto News

Arbitrum Foundation introduces security program to subsidize smart contract audits

The Arbitrum Foundation has launched the Arbitrum Security Program to subsidize smart contract audits for teams building on the network, partnering with security firms such as OpenZeppelin and Trail of Bits.

Arbitrum logo in a hexagonal blue and white badge
Image: @cryptodotnews

The Arbitrum Foundation has announced the Arbitrum Security Program, an initiative to subsidize smart contract audits for development teams building on the Arbitrum platform. The subsidies are available to teams at various stages of deployment, including applications on testnet, projects live on mainnet, teams migrating from other blockchains, and dedicated Arbitrum chains.[1][2]

Under the initiative, qualifying projects can receive audits from notable blockchain security firms, with OpenZeppelin, Trail of Bits, Cyfrin, and Nethermind named among the participating auditors. According to crypto.news and BSCNews, the assistance focuses on teams deploying on mainnet, projects migrating between ecosystems, and developers building custom chains using Arbitrum's toolkit. Arbitrum has opened registration for interested teams through an online application portal.[1][2][3]

Key facts

  • The Arbitrum Foundation launched the Arbitrum Security Program to subsidize smart contract audits for ecosystem projects.
  • Eligible teams include testnet applications, mainnet projects, teams building dedicated chains using Arbitrum's toolkit, and projects migrating from other chains.
  • Auditing firms participating in the program include OpenZeppelin, Trail of Bits, Cyfrin, and Nethermind.
  • Registration for audit subsidies has opened to developers through an official link provided by Arbitrum.

Sources · 3 sources

  1. AR

    Arbitrum@arbitrumPost on X ·

    Introducing the Arbitrum Security Program The Arbitrum Foundation is subsidizing smart contract audits for teams building on the Arbitrum Platform including: > apps on testnet > projects on mainnet > migrating from another chain > dedicated Arbitrum chains Get audited with the likes of @OpenZeppelin, @trailofbits, @cyfrin, @Nethermind and many more Read more below and register today: https://t.co/sD6n9Rgwqw

    Open source
  2. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Arbitrum to subsidize security audits for blockchain projects in its ecosystem The subsidy, which will be through its Arbitrum Security Program, will start with projects building on Arbitrum, chains using its toolkit and teams migrating from other networks, with auditors including OpenZeppelin, Trail of Bits, Cyfrin and Nethermind.

    Open source
  3. BS

    BSCN@BSCNewsPost on X ·

    Arbitrum to pay for ecosystem security audits?! @arbitrum, which is currently the world's most developed blockchain network, has promised to subsidise security audits for platforms building in its ecosystem, under its new 'Arbitrum Security Program'. Auditors include the likes of @OpenZeppelin, @trailofbits, @cyfrin, and @Nethermind. The support will be given in particular to those building on mainnet, those building chains using $ARB's toolkit, and projects jumping ship from other chains.

    Open source