Ethereum Foundation teams up with SEAL to combat wallet drainers

SEAL and the Ethereum Foundation created a Trillion Dollar Security dashboard to track Ethereum security as part of efforts to fight wallet drainers.

The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users.

SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers to more closely track drainer development and protect against wide-scale attacks.

The EF is now sponsoring a security engineer whose “sole mission” is to work with SEAL’s intelligence team to combat drainers targeting Ethereum users, said SEAL.

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