Major crypto wallets raise defense network as phishers jack $400M

MetaMask has partnered with other major crypto wallet providers to launch a real-time phishing defense network, allowing anyone to "prevent the next major phishing attack.”

MetaMask, Phantom, and other major crypto wallets have partnered with the Security Alliance to launch a global phishing defense network as crypto phishers stole over $400 million in the first half of 2025. 

“We’ve joined forces to launch a global phishing defense network that can protect more users across the entire ecosystem,” said the MetaMask team on Wednesday.

SEAL stated that the new defense network would “allow us to create a decentralized immune system for crypto security where anyone from around the world can prevent the next major phishing attack.”

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