In a bold move to enhance Web3 security, Sonic Labs, a renowned Web3 security provider, has joined forces with Immunefi, a leading Web3 bug bounty platform. This partnership marks the launch of a substantial $2 million bug bounty program designed to bolster the security of Sonic Labs' offerings. Sonic Labs, previously known as Phantom, is committed to providing enterprise-grade security solutions for the rapidly evolving Web3 landscape. This collaboration with Immunefi, a respected name in Web3 security, underscores Sonic Labs' unwavering commitment to safeguarding the Web3 ecosystem. The details of the bug bounty program are yet to be fully disclosed, but Sonic Labs has indicated that further information will be released shortly. This program is expected to attract skilled security researchers and ethical hackers who will meticulously scrutinize Sonic Labs' codebase and uncover potential vulnerabilities. Through this partnership with Immunefi, Sonic Labs aims to reinforce its position as a leader in Web3 security. By incentivizing security experts to identify and report vulnerabilities, Sonic Labs demonstrates its proactive approach to mitigating risks and enhancing the overall security of Web3.