The white-hat hacker collective SEAL has recognized 29 companies for adopting its innovative protection framework. The initiative allows ethical hackers and the Safe Harbor framework to legally defend user funds during real-time attacks. This breakthrough represents a milestone in cybersecurity for the cryptocurrency ecosystem.
According to the Security Alliance (SEAL), security experts often hesitated to intervene in attacks due to legal uncertainty. They feared being accused of hacking while trying to save the protocols. However, this new framework eliminates that fear, offering clear legal protection and a defined protocol for asset recovery, which strengthens the industry’s first line of defense.
A Legal Shield for Digital Guardians
The framework establishes clear rules for both projects and security specialists. When an ethical hacker intervenes to safeguard funds, they must return them within 72 hours. In return, they receive a reward of 10% of the recovered funds, capped at one million dollars. This structure incentivizes expert participation and creates an unprecedented collaborative environment.
The adoption of this system is already showing impressive results, with billions of dollars in customer funds saved from theft. Security platforms like Immunefi have reported that, thanks to initiatives like this, they have been able to facilitate over $120 million in bounty payouts. This demonstrates the effectiveness of ethical hackers and the Safe Harbor framework in protecting the Blockchain.
The Impact on Crypto Ecosystem Security
The growing adoption of this framework sends a strong message to malicious actors. The crypto community is now more organized, coordinated, and prepared to respond quickly to any threat. This makes attacks less profitable and much riskier to attempt, raising the security standard across the entire industry.
With 79 active volunteer hackers, the SEAL collective is prepared to act during active exploits. The message for investors is one of greater peace of mind, as collaboration between projects and security experts becomes formalized. It is expected that more companies will join this initiative, creating an increasingly robust and trustworthy digital ecosystem for all participants.
