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
ETH 15-minute increase of 1.32%: Major capital inflows and technical rebound resonate to drive the rise
2026-03-10 02:30 to 2026-03-10 02:45 (UTC), ETH's 15-minute return reached +1.32%, with a price range of 2020.97 to 2054.01 USDT, and an amplitude of 1.63%, showing a significant anomaly. Market attention increased accordingly, volatility intensified, and short-term trading activity rose.
The main driver of this anomaly was the concentration of large on-chain funds buying in, especially multiple large wallets making cumulative large purchases of over 3000 ETH near key support levels, directly pushing up the ETH price.
GateNews4m ago
Yesterday, the US Ethereum spot ETF experienced a net outflow of $51.26 million.
Gate News Report, March 10 — According to crypto analyst Trader T's monitoring, yesterday (March 9), the US Ethereum spot ETF experienced a net outflow of $51.26 million. Among them, BlackRock's ETHA had a net outflow of $55.08 million; Fidelity's FETH had a net inflow of $16.22 million; 21Shares' TETH had a net inflow of $1.01 million; Grayscale's ETHE had a net outflow of $13.41 million.
GateNews6m ago
Liquid Capital Founder: Ethereum below $2000 is worth watching; stablecoin AI payment value is emerging
Liquid Capital founder Jack Yi pointed out that Ethereum is worth paying attention to below $2000 and believes this year is suitable for preparing new funds and platforms. He emphasized that the development of AI brings innovative opportunities to the crypto industry, while also mentioning that team risk is the biggest challenge faced by the primary market.
GateNews11m ago
ETH Breaks Through 2050 USDT
Gate News bot message, Gate market display, ETH breaks through 2050 USDT, current price 2050.34 USDT.
CryptoRadar16m ago
Bitmine Announces 4.53 Million ETH Holdings Valued at $9.14 Billion, Tom Lee Cites 'Mini-Crypto Winter' End
Bitmine Immersion Technologies, the largest Ethereum treasury firm globally, announced on March 9, 2026, that its cryptocurrency and cash holdings total $10.3 billion, comprising 4,534,563 ETH valued at approximately $9.14 billion, 195 Bitcoin, $200 million in strategic investments, and $1.2 billion in cash.
CryptopulseElite40m ago
In 2016, the ETH OG whale with a cost basis of $10.37 is suspected of liquidating, transferring 5082 ETH to a certain CEX 4 hours ago.
On March 10, it was reported that a certain ETH whale liquidated holdings in 2016 at a cost of $10.37, ultimately depositing 5082 ETH into CEX, with an estimated profit of $10.215 million. The source of funds traces back to 23,300.79 ETH withdrawn in 2016, with a cost basis of only $241,000.
GateNews44m ago
