The Ethereum Foundation officially supports the cybersecurity nonprofit organization Security Alliance (SEAL) to strengthen defenses against the increasing wave of cryptocurrency theft attacks targeting Ethereum users. SEAL revealed that the foundation provides funding through its “Trillion-Dollar Security Program,” specifically hiring a security engineer to collaborate with intelligence teams to track and eliminate wallet theft and phishing activities targeting users.
These theft attacks are often circulated in underground forums in the form of malicious scripts or toolkits, allowing anyone without specialized technical skills to launch scams. Attackers frequently impersonate trusted protocol websites, guiding users to approve a few seemingly normal transactions. Once authorized, the digital assets in the wallet are quickly transferred out. Programs like Angel, Inferno, and others continue to update their versions and even persist after being “shut down,” continuing to spread.
SEAL cited data from ScamSniffer indicating that over the past few years, such attacks have caused nearly $1 billion in asset losses. To address this systemic threat, SEAL launched the “Trillion-Dollar Security” dashboard, providing real-time visual monitoring across six key dimensions: user experience, smart contracts, infrastructure, consensus protocols, monitoring and incident response, and social governance.
SEAL stated that its collaboration with the Ethereum Foundation is just the beginning, and in the future, other blockchain ecosystems and foundations are also welcome to adopt similar sponsorship models to jointly expand user protection. Notably, SEAL’s efforts have already shown results, with data indicating that losses from “vampire” attacks have dropped to a historic low of approximately $84 million in 2025.
The organization was founded in 2023 by white-hat hacker samczsun and is dedicated to providing rapid response and collaborative threat intelligence. Last year, MetaMask, Phantom Wallet, WalletConnect, and Backpack joined its real-time anti-phishing network, forming a cross-platform security alliance. As blockchain applications continue to expand, such security collaborations are becoming a vital line of defense in safeguarding user assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Closing in on Longest Monthly Losing Streak Since 2018
_Ethereum’s drawdown deepens, but compressed leverage and negative funding raise odds of volatility before true capitulation._
Ethereum is nearing a rare technical threshold, with price action pointing toward a sixth consecutive monthly red candle. According to market commentators, such an
LiveBTCNews3m ago
Bitcoin and Ethereum March historical returns: with average values of 11.28% and 17.07%, respectively
Since 2013, Bitcoin has experienced 13 "March" market movements, with 6 increases and 7 decreases, averaging a return of 11.28%. Since 2016, Ethereum has had 11 "March" market movements, with 8 increases and an average return of 17.07%.
GateNews39m ago
Exaggeration » Korean Tax Agency Press Release Reveals Mnemonic, 6.4 Billion Won in Seized Assets Emptied Overnight
The Korean National Tax Service quickly transferred approximately $4.8 million worth of crypto assets after a mnemonic phrase in a press release was not masked, leading to a security breach. This incident is the third cryptocurrency theft in South Korea within the past three months. Experts criticize this as a reflection of law enforcement's insufficient understanding of crypto asset security and emphasize that mnemonic phrases should be strictly protected to prevent asset theft.
動區BlockTempo1h ago
Bitcoin ETF inflow strength rebounds: over $500 million poured in in a single day, hitting a 3-week high
U.S. spot Bitcoin ETF capital inflows are warming up, with over $500 million attracted on Wednesday. Investor sentiment is gradually improving, but still not overly optimistic. Bitcoin price has risen back to $68,000, and Ethereum and other cryptocurrencies have also recorded net capital inflows. Market sentiment has not fully recovered, and the Cryptocurrency Fear and Greed Index still indicates extreme fear. Some analysts believe that the rebound should not be overinterpreted.
区块客1h ago
Data: If ETH falls below $1,887, the total long liquidation strength on major CEXs will reach $705 million.
ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,887, the total liquidation strength of long positions on major CEXs will reach $705 million. Conversely, if ETH breaks above $2,083, the total liquidation strength of short positions on major CEXs will reach $566 million.
GateNews2h ago
Ripple CTO Emeritus Recalls Massive 40,000 ETH Sale - U.Today
Ripple's CTO Emeritus David Schwartz reminisces about selling 40,000 ETH at $1.05, netting $42,000 and a 321% return. He used the profits to install solar panels at his then-home. Schwartz holds various cryptocurrencies, including a notable amount of XRP. His net worth remains unknown, potentially ranging from $90 million to $500 million.
UToday3h ago
