Metamask, Phantom, and other major crypto wallets have teamed up with the Security Alliance to launch a global phishing defense network as crypto phishers steal more than $400 million in the first half of 2025.
“We’ve joined forces to launch a global phishing defense network that can protect more users across the ecosystem,” said The Metamask team on Wednesday.
Seal said the new defense network will “allow us to create a decentralized immune system for crypto security where anyone from around the world can prevent the next major phishing attack.”
The “decentralized immune system” includes a metamask, phantom, walletconnect, and backpack.
It will work in conjunction with Seal’s “Verifiable Phishing” system, which announced Last week. The new tool allows security researchers to prove that Malicious websites It actually contains phishing content that the user claims.
The fight against crypto drainers
The growing problem is Crypto channelsevolving their tactics to avoid traditional defenses, explained stamp
New methods of attracting victims include rotating landing pages faster when blocklists are updated, switching to offshore hosting when infrastructure providers go down, and using cloaking techniques to avoid automatic scanning.
Related: Crypto hack losses drop 37% in Q3 as tactics shift to wallets
“Trenches are a constant game of cat and mouse,” said Ohm Shah, a security researcher at Metamask.
Working alongside the seal allows the wallet teams to be more agile and apply research to practice, “effectively throwing a wrench into the infra ditch,” he added.
Removing as many purses as possible
The collaboration enables an end-to-end pipeline where user-submitted reports are automatically verified and shared across all participating wallets, providing immediate protection against emerging phishing threats.
“Anyone with a valid report can trigger a phishing warning on network participants in real time and without special permissions,” Seal explained.
“This means faster response times to new phishing threats and more funds saved. We want to bring this data to as many wallets as possible.”
Phishing attack accounted for the highest number of security incidents in the first half of this year and led to more than $400 million in stolen crypto, according IT CERTIFICATE.
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