KEY TAKEAWAYS
- The Safe Ecosystem Foundation, Core Contributors GmbH, and Gnosis Ltd. have signed an MOU to enhance collaboration following the Lazarus Attack.
- Martin Köppelmann, co-founder and CEO of Gnosis Ltd., has been appointed as an advisor to provide strategic guidance in response to the attack.
- The Foundation is considering governance changes to improve operational efficiency and align with new strategic objectives.
- An external security audit has confirmed the findings of an internal investigation, clarifying the scope and impact of the Lazarus Attack.
The Safe Ecosystem Foundation has announced a significant development in response to the recent cyber incident known as the Lazarus Attack. On March 3, 2025, the Foundation, along with Core Contributors GmbH and Gnosis Ltd., signed a Memorandum of Understanding (MOU) to enhance collaboration efforts. This agreement aims to address the aftermath of the attack, which was discovered on February 21, 2025.
The MOU outlines a comprehensive strategy for managing the consequences of the attack, focusing on strengthening the security and operational frameworks of the involved entities. The collaboration is expected to bring together the expertise of the Foundation, Core Contributors GmbH, and Gnosis Ltd. to mitigate risks and enhance resilience against future threats.
Martin Köppelmann Appointed as Advisor
In a related move, the Foundation has appointed Martin Köppelmann as an advisor. Köppelmann, who is the co-founder and CEO of Gnosis Ltd., is recognized for his extensive experience in blockchain technology, self-custody, and decentralized finance. His role will involve providing strategic guidance to the Foundation as it navigates the challenges posed by the Lazarus Attack.
The appointment is seen as a strategic decision to leverage Köppelmann’s expertise in enhancing the Foundation’s response and recovery strategies. His insights are expected to play a crucial role in shaping the Foundation’s future initiatives and governance.
Governance and Security Enhancements
The Foundation Council is currently evaluating potential modifications to its governance structure. These changes are aimed at improving operational efficiency and effectiveness, particularly in light of the new collaboration with Gnosis Ltd. The proposed adjustments may include personnel changes and revisions to the governance rules to better align with the Foundation’s strategic objectives.
Additionally, a preliminary report from an external security audit firm has confirmed the findings of an earlier internal investigation conducted by Core Contributors GmbH. This report validates the initial technical assessments of the Lazarus Attack, providing a clearer understanding of the incident’s scope and impact.
For more details on the announcement, visit the Safe Ecosystem Foundation’s official blog here.
Why This Matters: Impact, Industry Trends & Expert Insights
The Safe Ecosystem Foundation’s strategic collaboration following the Lazarus Attack aims to enhance security and operational frameworks to mitigate risks and enhance resilience against future threats.
A recent Chainalysis report highlights that post-2025, blockchain security trends are expected to focus on addressing challenges such as interoperability, scalability, security, and privacy. The integration of advanced technologies like AI and zero-knowledge proofs will enhance security protocols. This aligns with the Foundation’s initiative to strengthen security measures in response to the cyberattack.
As per insights from The Block, experts emphasize the importance of robust security measures and maintaining control over private keys to mitigate vulnerabilities. This supports the Foundation’s efforts to enhance security and operational frameworks in collaboration with Gnosis Ltd.
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