Ethereum Foundation Launches $1M Security Subsidy for Builders

The Ethereum Foundation has introduced a new initiative aimed at enhancing security in the Ethereum ecosystem. A $1 million subsidy program has been established to support builders by covering up to 30% of audit costs through over 20 firms.

This move is expected to alleviate one of the significant financial burdens on early-stage crypto teams, allowing them to conduct thorough external code reviews before launching their projects.