Coinbase is taking part in this years "" competition for White Hat (good) hackers who help companies find, and fix security holes.$50,000 is the grand prize - if a hacker can pull off remotely executing code on coinbase's servers.But that's not all they're offering, additional rewards include:$10,000 for XSS/CSRF/Clickjacking affecting sensitive actions.$7,500 for theft of privileged information.$5,000 for partial authentication bypass.and $3,000 for a variety of "lesser tasks".Coinbase isn't new to this idea either, they proudly admit - they've already paid $176,031 in bounties to 223 hackers/researchers.The practice is actually commonplace among tech companies and other sponsors of this event include Airbnb, Uber and Dropbox."Hack the world" is in progress now, and wraps up November 18.