Collaboration Background and Objectives
In response to the growing threat of cryptocurrency theft, the Ethereum Foundation has partnered with the security organization SEAL to focus on monitoring and combating wallet theft tools. This initiative marks a new phase in blockchain security.
Details of the Trillion Security Initiative
Since SEAL submitted its funding request to the Ethereum Foundation at the end of last year, both parties have worked together to advance the Trillion Security Initiative. The program aims to track the development of malicious tools and proactively identify potential threats before large-scale attacks occur.
Introduction of Expert Resources
A dedicated security engineer has now been funded by the Foundation to join SEAL's intelligence team. This expert will focus on analyzing and responding to cyberattack methods targeting the Ethereum ecosystem.
Future Outlook
- Continuously improve security monitoring systems
- Enhance security awareness training for the community
- Promote global collaboration among security organizations
This partnership not only strengthens the security framework of the Ethereum network but also sets a positive example for security cooperation across the entire crypto industry.