Paradigm security chief samczsun launches cryptographic security initiative Security Alliance

Paradigm's security chief samczsun launched a security plan called Security Alliance, which allows encrypted users affected by hackers or other security incidents to access a 24/7 emergency hotline. The platform also provides legal protection for white hat hackers to rescue stolen funds and offers free practice for Web3 developers to simulate adversarial network attacks against organizational systems to identify vulnerabilities and prepare effective responses. Currently, the plan has released a draft agreement on GitHub and is open to community feedback for one month until March 14th, 2024. According to its website, Security Alliance's donors and partners include the Ethereum Foundation, a16z crypto, Paradigm, Vitalik Buterin, the Filecoin Foundation, Coinbase, Dragonfly, Framework, Electric Capital, and others.