The Ethereum Foundation is backing crypto security nonprofit Security Alliance, known as SEAL, in a new effort to disrupt crypto drainers and social engineering attacks targeting Ethereum users. The initiative focuses on tracking attacker infrastructure more closely and neutralising large-scale campaigns that exploit wallet approvals rather than smart contract vulnerabilities.
Ethereum Foundation backs SEAL to curb crypto drainers targeting users
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AI INSIGHT
Ethereum Foundation backs Security Alliance (SEAL) to disrupt crypto drainers and social engineering attacks targeting Ethereum users, announced Feb. 10, 2026; initiative will track attacker infrastructure more closely and neutralise large-scale campaigns that exploit wallet approvals rather than smart contract vulnerabilities.
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