The DeFi Education Fund is launching a cryptocurrency cybersecurity coalition as part of a wider effort to bolster its defense against bad actors across the blockchain.
On Tuesday, the DeFi Education Fund alongside the Security Alliance (SEAL) and Asymmetric Research debuted the Open Protocol Security Coalition, or OPSeC, which it says will hold educational events geared toward lawmakers, as crypto bills make their way through Washington.
Many best practices and resources exist, but the new coalition will strengthen those, said Amanda Tuminelli, CEO and Chief Legal Officer of DeFi Education Fund, in a statement.
"OPSeC is about amplifying access to these resources and bringing together industry experts so that we can ensure that security remains at the forefront of onchain software development and that teams of every size have access to excellent cybersecurity tools," Tuminelli said. "The DEF team is honored to play a role in amplifying the amazing cybersecurity expertise that already exists, and we look forward to introducing policymakers to OPSeC team members and resources."
Concerns about cybersecurity and illicit finance have come into the spotlight as lawmakers in Washington try to pass a bill into law that would broadly regulate the cryptocurrency industry while addressing illicit finance. Lawmakers have voiced concerns that parts of the bill don't go far enough to crack down on financial crime, while others in the crypto sector say legislation needs to be targeted so that broad standards are not placed on software developers or decentralized infrastructure.
