The Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) under the US Department of the Treasury announced on Thursday that it will broaden its cybersecurity threat identification initiative to include firms in the digital asset sector.
According to the Treasury’s statement, blockchain companies that opt to participate will have access to the same cybersecurity threat intelligence offered to traditional financial institutions, without incurring any costs.
“We are witnessing an increase in the frequency and sophistication of cyber threats targeting digital asset platforms,” stated Cory Wilson, the deputy assistant secretary for cybersecurity at OCCIP.
This move aligns with policy recommendations from the previous Trump administration, detailed in a report from July 2025 titled “Strengthening American Leadership in Digital Financial Technology.”
Cointelegraph reached out to the Treasury for comments but had not received a reply by the time of this article’s release.
This initiative highlights the pressing challenge of combatting evolving cybersecurity threats that affect blockchain protocols and their users; financial losses from hacks of decentralized finance (DeFi) platforms alone approached $169 million in the first quarter of this year.
Foreign intelligence agents are continuing to infiltrate cryptocurrency projects and companies.
Recently, Drift Protocol, a decentralized cryptocurrency exchange, fell victim to a $280 million exploit allegedly orchestrated by hackers linked to North Korea.
The Drift team reportedly met these malicious individuals at a significant crypto industry conference and maintained communication for several months following their encounter, as detailed in a preliminary incident report from Drift Protocol.
Throughout their extended interaction, the hackers installed malware designed to steal cryptocurrency on the developer machines of the Drift team, activating it during the exploit in April.
It has been reported that the individuals who first approached the Drift team at the conference were not from North Korea.
The Seals911 team, consisting of blockchain cybersecurity experts, expressed “medium-high confidence” that the attack was executed by the same hacker group behind the Radiant Capital DeFi platform breach in October 2024.