December 25 news, Layer1 blockchain project Sonic Labs (formerly Fantom) has launched Sonic Gateway, supporting the bridging of USDC, EURC, and WETH from Ethereum to Sonic. Sonic Labs stated that it is collaborating with the global developer community to enhance the security of Gateway by posting a bug bounty on Immunefi. A total bounty of 2 million dollars will be offered, which will be distributed between Gateway and Sonic chain.