![Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails Ethereum Foundation Warns of Compromised Mailing List Leading to Phishing Emails](https://static.news.bitcoin.com/wp-content/uploads/2024/06/oppsosod-768x432.jpg)
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity.
As Ethereum prepares for the Pectra upgrade in early 2025, a recent research report published by Liquid Collective and Obol has revealed multiple associated risks.
The report highlights the importance of client, operator and cloud diversity alongside concerns regarding the limited adoption of distributed validator technology (DVT).
Speaking with Cointelegraph, Alluvial chief product officer Matt Leisinger, a software development company supporting Liquid Collective, said:
Executive director Aya Miyaguchi said the foundation’s neutrality can’t depend on culture and individual judgment after researchers take multimillion-dollar roles at EigenLayer.
The Ethereum Foundation will institute a policy on conflicts of interest, executive director Aya Miyaguchi said on May 24. The announcement came in response to controversy in the crypto community over connections between the foundation and EigenLayer developers.
Two Ethereum researchers joined the ranks of paid advisers at the EigenFoundation in the week preceding Miyaguchi’s announcement. Justin Drake announced his appointment at EigenFoundation on May 19 in a lengthy X post. He said he would receive incentives from EigenFoundation worth “millions of dollars” but would reinject the money in the Ethereum ecosystem. Dankrad Feist made a similar long announcement the following day. Feist acknowledged receiving “a significant amount of tokens,” adding:
Both researchers said they were taking the posts personally and not as representatives of the Ethereum Foundation. Drake promised “to continue to lean critical of EigenLayer,” and Feist said he would “take contrarian views.” Reaction to the researchers’ moves was mixed. ZkSecurity co-founder David Wong tweeted on X about Drake:
Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain.
An Ethereum Foundation researcher’s decision to take a paid adviser role for the foundation behind EigenLayer has sparked criticism on social media, with one commentator suggesting it could create “conflicted incentives.”
In a lengthy May 19 X post, Ethereum researcher Justin Drake disclosed he had taken an adviser role at EigenFoundation that “comes with a significant EIGEN token incentive” vested over three years worth “millions of dollars” and “more than the combined value of all my other assets.”
EigenLayer is a protocol that partially launched on mainnet last month and allows users to stake liquid staked Ether (ETH) tokens — which are derivative tokens for ETH staked in a protocol such as Lido — effectively allowing ETH to be staked twice.
The platform is purpose-built for the crypto industry and was designed to pool resources on current threats and vulnerabilities.
The post Security Alliance launches crypto threat-sharing platform appeared first on Crypto Briefing.
A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information.
A researcher at the Ethereum Foundation (EF) revealed that the IP addresses of Ether (ETH) stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.
In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed that he learned this information “internally” — presumably at EF.
The metadata Drake referred to is used to track a wide range of things, he explained:
“There’s a lot of metadata, you can look at deposit addresses, you can look at withdrawal addresses, you can look at fee recipients, you can look at IP addresses.”
Drake’s comments appeared to have taken Bankless host Ryan Sean Adams by surprise.
Ethereum = 1984 chain
— Pledditor (@Pledditor) April 13, 2023
Justin Drake, who works as the "Researcher" at the Ethereum Foundation, said today that when you stake your ETH, you can be tracked via IP address.
He says he knows information "internally" that such databases exist. pic.twitter.com/2V6DvTobL3
“So it’s a fairly Sybil resistant dataset of your most involved Ethereum citizens?” Adams asked.
“Exactly,” Drake responded.
The conversation was initiated when Drake predicted that “special airdrops” may become available for solo stakers — but not the industry heavyweights:
“Then you can identify, okay, we know who Kraken is, we know who Coinbase is, and we can just not give them an airdrop if the purpose of the airdrop is to airdrop to specific individuals that are running solo validators.”
The conversation caused a stir on Crypto Twitter.
Related: Crypto privacy is in greater jeopardy than ever before — here's why
One Twitter user referred to Ether as the “real surveillance coin,” while another mocked Drake by sarcastically rehashing him: “We can stop censorship by censoring those we don’t like.”
Another described the situation as “central governance to a T.”
To resolve the privacy concerns, one Twitter user suggested Ethereum users take on-chain privacy responsibilities into their own hands by installing a Linux operating system, using a Virtual Private Network (VPN) and storing cryptoassets on a hardware wallet such as Ledger:
DeFi security setup:
— DeFi Crypto Vaults (@DefiVaults) April 13, 2023
- Linux system
- VPN 24/7
- Ledger (hardware wallet)
Protect yourselves from data mining and scams
Am I missing anything? https://t.co/X2YrGwpbdx
It isn’t the first privacy-related statement to have caused a stir in the crypto community either.
ConsenSys, the team behind Ethereum wallet Metamask began collecting IP addresses in November. The policy amendment was made to ensure that the firm could comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) where necessary.
Cointelegraph contacted Drake and the Ethereum Foundation for comment but did not receive an immediate response.
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