<ul><li>Ethereum's nonprofit arm launched the Trillion Dollar Security Initiative on May 14 to enhance security for wallets, smart contracts, and the network to protect trillions in digital assets.</li><li>The initiative includes scanning for vulnerabilities, collaborating with builders to implement fixes, and educating users, firms, and regulators on Ethereum security.</li><li>The expert team, led by Fredrik Svantes and Josh Stark, alongside outside experts, will guide audits and suggest security enhancements to bolster Ethereum's defenses.</li><li>The market reacted positively to the news, with ETH's price rising over 40% following the Pectra update. Ethereum's focus on security is crucial as on-chain activity increases, aiming to maintain its dominance in the DeFi space and reassure investors.</li></ul>

Ethereum Goes Heavy On Defense With Trillion-Dollar Security Initiative

Discover more