Ethereum Foundation Backs SEAL's 'Trillion Dollar Security' to Tackle Wallet Drainers

The Ethereum Foundation has partnered with Security Alliance (SEAL) to create the “Trillion Dollar Security” program, a continuous-security initiative that includes a tracking dashboard which went live on February 5 to monitor Ethereum security in real time rather than relying on one-off audits ^[2][4].

As part of the collaboration, the Foundation is sponsoring SEAL — including funding for a security engineer — to help combat wallet drainers and other crypto drain attacks; the effort is presented as a response to a rising, billion-dollar scam problem and part of broader steps to protect users and explore how artificial intelligence can strengthen the ecosystem ^[3][2][1].

The sponsorship signals the Ethereum Foundation's increased support for external security efforts as on-chain value grows, combining ongoing monitoring tools and staffed expertise to reduce theft vectors on the network ^[1][3].