While markets showed stress, the Ethereum Foundation moved to strengthen ecosystem security. The foundation partnered with the nonprofit Security Alliance, also known as SEAL, under a new Trillion Dollar Security initiative. The program aims to stop wallet-draining attacks before they reach users.
As part of the partnership, the foundation funded a security engineer embedded within SEAL’s intelligence team. The role focuses on tracking how wallet drainers evolve and sharing defenses across the ecosystem. The goal centers on prevention rather than recovery after losses occur.
Wallet-draining scams have remained a persistent DeFi threat. Data from ScamSniffer shows these attacks have drained nearly $1 billion from users over time. In 2025, losses fell to $83.85 million, marking an 83 percent annual drop.
The initiative also introduced a public Trillion Dollar Security dashboard. The tool tracks six security pillars, which include governance risks, threat intelligence sharing, and white-hat protections. Ethereum secures more than $600 billion in on-chain assets as of early 2026, which demonstrates the ongoing value of its assets.