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Ethereum Foundation unveils security initiative to supplant legacy systems

cryptoweekly by cryptoweekly
May 14, 2025
in bitcoin, News
0

The “Trillion Dollar Security Initiative” seeks to address legacy systems’ issues and support Ethereum developers.

The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum’s role in programmable digital assets.

Fredrik Svantes, a protocol security research lead, and Josh Stark from the Ethereum Foundation management team will be the initial co-chairs of the initiative. Three contributors to the Ethereum ecosystem — samczsun, Medhi Zerouali, and Zach Obront — will help guide the project.

Called the Trillion Dollar Security Initiative, the effort seeks to analyze, improve, and communicate to Ethereum developers areas where security can be improved, including user experience, wallet security, smart contract security and infrastructure.

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  • Bitfarms clocks $36M net loss amid shift from Bitcoin mining to AI
  • Ethereum Foundation unveils security initiative to supplant legacy systems
  • 3 reasons why Ethereum price could rally to $5,000 in 2025
  • Crypto execs flock to DC to support Senate stablecoin bill
  • New York has 'outsized role to play' in crypto ecosystem — State regulator head
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  • VanEck launches 'Onchain Economy' ETF

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