The Ethereum Foundation announced the results of the ETH Rangers project, recovering/freezing over 5.8 million dollars in assets

The Ethereum Foundation announced that its jointly initiated ETH Rangers project has completed a 6-month operation. The project aims to fund independent researchers who contribute to public safety for the Ethereum ecosystem. Seventeen grantees have achieved multiple results in vulnerability research, security tool development, threat intelligence, and incident response, including: recovering or freezing over $5.8 million, reporting or documenting over 785 vulnerabilities and client issues, identifying about 100 attackers, providing security education content covering over 209,000 users, and handling over 36 security incidents.

In addition, the project has also encouraged over 800 teams to participate in security challenges, produced over 80 technical sharing and training sessions, and developed or improved more than 7 open-source security tools. The Ethereum Foundation stated that the related results indicate that decentralized networks require "decentralized defense" and effectively enhance the overall security and resilience of the Ethereum ecosystem.