Ethereum Foundation backs SEAL to combat rising threat of crypto drainers

cryptonews

Feb 10

Crypto security nonprofit Security Alliance has received a sponsorship from the Ethereum Foundation as it ramps up efforts to curb crypto drainers and other attack vectors targeting Ethereum users. ...

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Foundation as it ramps up efforts to curb crypto drainers and other attack vectors targeting Ethereum users.\n\n\n...</p>\n\n<a href=\"https://crypto.news/ethereum-foundation-backs-seal-to-combat-rising-threat-of-crypto-drainers/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ethereum Foundation backs SEAL to combat rising threat of crypto drainers</title>\n<style 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attack vectors targeting Ethereum users.\n\n\n...</p>\n\n<a href=\"https://crypto.news/ethereum-foundation-backs-seal-to-combat-rising-threat-of-crypto-drainers/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETU","symbol_name":"T-Rex 2X Long Ether Daily Target ETF","start_time":0,"source_url":"https://crypto.news/ethereum-foundation-backs-seal-to-combat-rising-threat-of-crypto-drainers/","article_id":"2610614778","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/ethereum-foundation-backs-seal-to-combat-rising-threat-of-crypto-drainers/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2610614778","pubTimestamp":1770710670,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Crypto security nonprofit Security Alliance has received a sponsorship from the Ethereum Foundation as it ramps up efforts to curb crypto drainers and other attack vectors targeting Ethereum users.The Ethereum Foundation is sponsoring a SEAL security engineer to track and neutralize crypto drainers targeting Ethereum users.Drainer-related thefts fell to $84 million in 2025, the lowest on record, according to data cited by SEAL.According to SEAL, the Ethereum Foundation has sponsored a security engineer through the nonprofit’s “Trillion Dollar Security” initiative after it reached out to the foundation late last year.In line with SEAL’s objective, the security engineer’s “sole mission is working with the SEAL Intel team to track and neutralize drainers targeting Ethereum users,” the nonprofit said.According to SEAL, its efforts have played a part in reducing drainer-related losses to an all-time low of $84 million in 2025.XRP price enters stop-loss phase after SOPR breaks below 1.0 for ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETU":"T-Rex 2X Long Ether Daily Target ETF","ETHW":"以太坊ETF-Bitwise","03179":"嘉实以太币","BTF":"比特币&以太币期货ETF-CoinShares","ETHI":"Defiance Leveraged Long Income Ethereum ETF","ETCO":"Grayscale Ethereum Covered Call ETF","SETH":"1倍做空以太币期货ETF-Proshares","ETHD":"ProShares UltraShort Ether ETF","YETH":"Roundhill Ether Covered Call Strategy ETF","03009":"博时以太币","ETQ":"T-Rex 2X Inverse Ether Daily Target ETF","ETH":"低成本以太坊ETF-Grayscale","BK1611":"加密货币现货ETF","03046":"华夏以太币","ETHE":"最大以太坊ETF-Grayscale","BK4601":"加密货币现货ETF","ETHT":"ProShares Ultra Ether ETF"},"translate_title":"以太币基金会支持海豹突击队应对日益增长的加密货币流失威胁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETHD":0.6,"ETHT":0.6,"BTF":0.6,"ETH":0.6,"ETHE":0.6,"ETHI":0.6,"03009":0.82,"ETCO":0.6,"ETU":0.6,"SETH":0.6,"ETHW":0.6,"ETQ":0.6,"YETH":0.6,"03179":0.82,"03046":0.82},"content_text":"Crypto security nonprofit Security Alliance has received a sponsorship from the Ethereum Foundation as it ramps up efforts to curb crypto drainers and other attack vectors targeting Ethereum users.\n\n\nSummary\n\n\n\nThe Ethereum Foundation is sponsoring a SEAL security engineer to track and neutralize crypto drainers targeting Ethereum users.\nDrainer-related thefts fell to $84 million in 2025, the lowest on record, according to data cited by SEAL.\n\n\n\nAccording to SEAL, the Ethereum Foundation has sponsored a security engineer through the nonprofit’s “Trillion Dollar Security” initiative after it reached out to the foundation late last year.\nIn line with SEAL’s objective, the security engineer’s “sole mission is working with the SEAL Intel team to track and neutralize drainers targeting Ethereum users,” the nonprofit said.\nCrypto drainers are a category of malicious scripts or toolkits that are often sold or shared among bad actors as a payable service across underground forums and allow anyone to launch phishing campaigns without any technical expertise.\n“These scammers deploy fake websites imitating trusted protocols to convince the user to approve a few simple transactions in their wallet. If the user does, their wallet is quickly drained of all valuable assets,” SEAL said.\nNotorious drainers like Angel and Inferno have constantly evolved to bypass traditional security measures, and new versions have surfaced even after reported shutdowns.\nData from crypto intelligence platform ScamSniffer, cited by SEAL, estimates that such attack vectors have led to nearly $1 billion worth of losses over the past few years. \nSEAL aims to counter such systemic threat vectors through its comprehensive Trillion Dollar Security dashboard that provides real-time visibility to track six critical security dimensions, such as user experience, smart contracts, infrastructure, consensus protocol, monitoring and incident response, and social layer governance.\n“Our collaboration with the Ethereum Foundation is the first of many planned initiatives with forward-thinking ecosystems,” SEAL said, adding that other foundations or crypto ecosystems can reach out to explore similar sponsorship models designed to protect users at scale.\nAccording to SEAL, its efforts have played a part in reducing drainer-related losses to an all-time low of $84 million in 2025.\nAn industry-wide effort\nSEAL was developed by white-hat hacker and security researcher samczsun in 2023, and since its inception, it has offered rapid-response infrastructure and collaborative threat intelligence tools to help mitigate on-chain exploits and phishing campaigns.\nLast year, MetaMask and Phantom wallet joined SEAL as part of its real-time phishing defense network, alongside other major players like WalletConnect and Backpack, to help deliver real-time security against phishing attacks.\n\n\n\n\n\n                Read more:\n            \n\n                XRP price enters stop-loss phase after SOPR breaks below 1.0 for the first time since 2022","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}