logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Live

Ethereum Foundation, SEAL Form Alliance As Wallet Drainer Threat Grows

By Bitcoinist
Feb 11, 2026
4.1 
★
★
★
★
★
★
★
★
★
★
 365 User Rating
Share
Ethereum Foundation Joins SEAL

SEAL will receive funding to bring in one specialist whose role centers on tracking harmful infrastructure. That includes fake websites, hidden scripts, and backend tools that allow funds to be pulled the moment a user signs the wrong request.

Based on reports, this work sits under the Trillion Dollar Security effort, which maps weak spots across user design, smart contracts, and social attack routes. The goal is simple. Turn scattered warnings into faster alerts that wallets can act on before damage spreads.

The Old Tricks Come Back With New Tweaks

Reports note that losses from drainer attacks fell last year, but attackers keep trying. Security trackers recorded a steep drop in stolen funds tied to wallet drainers during the past year.

That decline, however, did not end the threat. Groups behind these scams now rely on trusted web hosts, rapid page switching, and selective targeting that hides attacks from scanners.

Wallet teams noticed the pattern. Some defenses improved. Others lagged. The addition of a Foundation-backed engineer inside SEAL is meant to tighten response times when these tricks resurface.

Behind the scenes, a shared view of attack data is being built. It shows how scams move, how long they stay active, and which wallets are being targeted. Parts of this system are visible to partners, while other sections remain restricted to prevent misuse.

Real-Time Alerts And A Shared Watchlist

Reports say the alliance will expand data sharing between wallets, researchers, and platforms. One focus is speed. When a harmful site or contract behavior is confirmed, alerts can be pushed out across connected wallets almost immediately.

Some blocks happen automatically. Others rely on human checks before warnings go live. That balance helps catch unusual attacks that automated tools might miss.

The Pressure Move

Featured image from Unsplash, chart from TradingView

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy

    VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy

    VerifiedX has officially introduced a decentralized "reliever chain" designed to bring programmable, privacy-preserving functionality to the Bitcoin network.
    Martha Grizzard
    May 18, 2026
  • Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize

    Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize

    SBI Securities and Rakuten Securities have officially announced plans to introduce cryptocurrency investment trusts to their massive retail user bases.
    Craig Green
    May 18, 2026
  • Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight

    Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight

    The Senate Banking Committee advanced the CLARITY Act on May 14, 2026 to establish a comprehensive federal framework for the digital asset industry.
    May 15, 2026
  • TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON

    The circulation of TRC20-USDT has officially ascended to a historic peak of 89.3 billion tokens, fundamentally expanding the liquidity threshold of the decentralized financial landscape.
    Hallie Gill
    May 12, 2026
  • 21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq

    The TCAN ETF provides the first U.S.-listed gateway to Canton Coin (CC), the native utility token of the Canton Network.
    Martha Grizzard
    May 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Yei Finance
Yei FinanceCLO

$0.1866

+20.23%
Allora
AlloraALLO

$0.2298

+19.44%
Babylon
BabylonBABY

$0.0148

+16.58%
Audiera
AudieraBEAT

$1.8223

+13.96%
Marlin
MarlinPOND

$0.002170

+13.61%

Top Trending

View more
Lobster
Lobster龙虾

$0.009243

-22.99%
Litecoin
LitecoinLTC

$40.7800

-10.26%
Bitcoin Cash
Bitcoin CashBCH

$202.400

-16.16%
Binance Coin
Binance CoinBNB

$563.280

-6.49%
Ethereum
EthereumETH

$1,522.35

-12.17%

Recently added

View more
Kinetiq
KinetiqKNTQ

$0.2148

-11.75%
Citrea
CitreaCTR

$0.0133

-16.17%
Solstice
SolsticeSLX

$0.1658

-19.08%
Nexus
NexusNEX

$0.00000309

+1.28%
Zest Protocol
Zest ProtocolZEST

$0.2660

-2.03%

Learn

View more
  1. 1What is Bitwise Hyperliquid ETF? How Does BHYP Work?
  2. 2What is PaperTrade on HyperEVM? Is Zero Funding Real?
  3. 3What Is Circle Arc? How Does the New USDC Blockchain Work?
  4. 4What Is Circle Arc Whitepaper? How to Join Circle Arc Testnet?
  5. 5Is the Bear Market Over? Decoding Bitcoin On-Chain Data
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com