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
Global central banks exploit crypto infrastructure at low cost, mBridge uses an Ethereum-based architecture
The global cryptocurrency market fell sharply between 2021 and 2022, while central banks in various countries began to use blockchain infrastructure developed by the private sector—such as the BIS’s mBridge project—without having to bear development costs. This model has sparked controversy, because when central banks adopt technology that has already undergone deep validation by the private sector, it may erode incentives for private-sector innovation and affect future financial venture investments.
MarketWhisper27m ago
A certain address’s ETH swing trading generated a profit of $256k, and it has completed take-profit and exited.
Gate News message, April 7, according to crypto analyst Ai Yi monitoring, a certain address built a position of 4,827 ETH at about $2,047.53 between April 4 and April 5, and sold it on April 7 at about $2,100.94. This batch of ETH was transferred to a certain CEX within the past 3 hours and exchanged for USDT; the transaction amount was approximately $10.14 million. The profit from this swing trade was approximately $256k.
GateNews49m ago
Tom Lee has released a post-war asset ranking, with Ethereum outperforming the broader market to win second place.
Tom Lee said on CNBC that since the start of geopolitical conflicts, Ethereum has outperformed the broader market, posting a gain of more than 8% and ranking second globally. Wartime fiscal spending is expected to grow, which will provide support for the market. BitMine recently holds more than 4.8 million Ether—equivalent to more than 4.8 million Ethereum—showing bullish confidence and strategy.
MarketWhisper1h ago
Tom Lee: The crypto winter is about to come to an end, and BitMine is accelerating its purchases of Ethereum
Ethereum reserve firm BitMine has recently accelerated its purchases of ETH. Its ETH holdings have surpassed 4.8 million coins, and its asset size has reached $11.4 billion. The company’s chairman, Tom Lee, believes that the mini-crypto winter is nearing its end, and that ETH’s current price does not yet reflect its high usability and its position as a direction for future financial development.
BitMine accelerates buying ETH
BitMine disclosed its latest crypto holdings yesterday. As of April 6, BitMine holds assets worth $11.4 billion, including:
4,803,334 ETH
198 bitcoins
$92 million in Eightco Holdings stock (ORBS)
Beast worth $200 million
ChainNewsAbmedia1h ago
BitMine Holds Nears 4% of Ethereum Supply as ETH Price Hits Weekly High
BitMine Immersion Technologies (BMNR), the publicly traded Ethereum treasury firm chaired by Tom Lee, added 71,252 ETH (approximately $152 million) in the week ending April 5, 2026, bringing its total holdings to 4.803 million ETH valued at roughly $10.3 billion and representing 3.98% of the circulating token supply.
CryptopulseElite1h ago
Whale address 0xA5CB has deposited 60k ETH worth $128.8 million to a certain CEX within the past 4 hours
Gate News update, April 7, Lookonchain monitoring shows that whale address 0xA5CB deposited 60,001 ETH worth approximately $128.8 million into a certain CEX within the past 4 hours.
GateNews2h ago
