PANews, June 18 – According to The Block, The DAO, an early Ethereum project that lost approximately 3.6 million ETH to a hacker exploiting a reentrancy vulnerability a decade ago, has now relaunched over 75,000 unclaimed ETH (worth approximately $130 million at current prices) recovered after the incident into a long-term Ethereum security fund. The fund will stake the aforementioned ETH, generating an annualized yield of around $8 million to support security research, tool development, and emergency response. It will be managed by seven curators, including Vitalik Buterin, and will operate in coordination with the Ethereum Foundation’s “Trillion Dollar Security” initiative. The first round of grants has already allocated over $1 million to 134 security-related projects. However, some security experts have pointed out that the fund primarily targets contract vulnerabilities, while the main risks have now shifted to operational-level attacks such as key theft, social engineering, and tampered signature interfaces.