Ethereum Foundation, SEAL Form Alliance As Wallet Drainer Threat Grows
Ethereum’s core backers have stepped up after a string of clever thefts that empty users’ wallets in seconds. A new link between the Ethereum Foundation and Security Alliance, known as SEAL, aims to make those quick hits harder to pull off. Reports say the move will widen who watches for threats and how quickly fixes […]
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Quick Facts: ➡️ The Ethereum Foundation has officially backed the Security Alliance (SEAL), strengthening the industry’s coordinated response against crypto drainers. ➡️ Market focus is shifting from reactive security measures to architectural solutions that reduce complexity. ➡️ LiquidChain is capitalizing on this trend by unifying Bitcoin, Ethereum, and Solana liquidity into a single, secure L3 […]
Four addresses have been flagged relating to Monkey Drainer, including the monkey-drainer.eth address, with Chainabuse showing a long list of reported victims relating to these accounts. An alleged phishing scammer going by the pseudonym “Monkey Drainer” has reportedly swiped around $1 million worth of Ether (ETH) via dubious copycat NFT minting websites this week. Well-known blockchain sleuth ZachXBT was one of the first to track and highlight the activity, outlining on Oct. 26 that: “Over the past 24 hrs ~700 ETH ($1m) has been stolen by the phishing scammer known as Monkey Drainer. They....
It has just been announced that Unizen will be working together with Jun Capital in order to form CeDeFi Alliance, a crypto non-profit that will focus on compliance within the centralized decentralized finance (CeDeFi) sector. What actually is CeDeFi? CeDeFi is one of this year’s biggest trends in the blockchain industry. It brings the benefits […]
http://www.youtube.com/watch?v=3BKawxWMfbA. From video description: Michael Perklin (Bitcoin Alliance of Canada), Francis Pouliot (Bitcoin Embassy/Bitcoin Foundation Canada), Jillian Friedman (Bitcoin Foundation Canada), Guillaume Babin-Tremblay (Bitcoin Foundation Canada), Stuart Hoegner (Bitcoin Alliance of Canada).
Physical Bitcoin, or a special type of Bitcoin wallet, which can be used to store Bitcoins more securely offline, is increasingly being used by high-profile investors and entrepreneurs globally, due to its ability to protect Bitcoin from any form of hacking attacks and security breaches. Bitcoin enthusiasts and investors have lost substantial amounts of their Bitcoin holdings in various security breaches and hacking attacks. That’s why investors have begun to exploit physical Bitcoin as an alternative long-term investment method. The primary purpose of a physical Bitcoin is to store the....