Ethereum Foundation Releases ETH Rangers Program Results: Recovered or Frozen Funds Exceeding $5.8 Million, Addressed 36 Security Incidents

April 16 — The Ethereum Foundation announced interim results for 17 grant recipients of its **ETH Rangers program** on Wednesday, per the org’s official blog. The six-month initiative, launched in late 2024 in partnership with Secureum, The Red Guild, and the Security Alliance (SEAL), wrapped up its initial run this week. ### Key Program Outcomes The program delivered these milestones: - Recovered or frozen over $5.8 million in funds - Identified and reported 785+ vulnerabilities, client bugs, and Proof of Concept (PoC) exploits - Pinpointed roughly 100 nation-state-backed hackers targeting Web3 organizations - Delivered threat awareness content to 209,000+ users - Responded to 36+ security incidents - Developed or enhanced 7+ open-source security toolkits ### Standout Projects - **SunSec & DeFiHackLabs**: Built a DeFi Incident Retrieval Platform covering 620+ PoCs, and collaborated with HITCON CTF (717 participating teams) to design a Web3 Security Challenge. - **Ketman Project**: Issued alerts to ~53 projects, identified around 100 North Korean IT personnel disguised within blockchain projects, and co-developed the *“North Korean IT Personnel Framework”* — now an industry-standard reference document — with SEAL. - **Nick Bax**: The security researcher led/participated in 36+ SEAL 911 incident responses, including helping recover $5.8 million stolen from Loopscale.