Security is the latest consensus in the crypto world! Even the accounts of big shots can be hacked into memes; us retail investors need to sharpen our eyes!
I was stunned scrolling through Twitter this morning! A16Z big shot Shaw’s X account was actually hacked! The hackers were so slick; they spread fake news promoting a meme coin called ELIZA. Result? The coin shot up like a rocket and then plummeted 15%! A classic case of 'pump-and-dump,' preying on the FOMO-driven investors!
What’s worse is their beloved AI16Z, which got caught in the crossfire! It dropped over 15% in just one day! It’s painful to think about, brothers; it has already dropped 85% from its historical high, and the hacker incident is just adding insult to injury! Official denial? Too late! The market has already panicked, and retail investors' confidence shattered like glass, 'crash' all over the ground. I shake my head at the K-line; rebuilding trust? Tough!
This situation is deeply concerning! Big shots preach about 2FA and strong passwords, yet they still get hacked? Hackers now specifically target soft targets—no matter how secure your blockchain is, your X account is the 'weakest link'! Think about how Peter Lauten was scammed out of $240,000; the tricks are the same: exploiting the information gap of X renaming + phishing software! This isn’t hacking; this is a targeted 'scam assembly line' in the crypto world!
Regulators are about to go wild: the SEC will definitely bang the table! If project teams don’t manage their executives’ social accounts well? Watch out for fines! The EU is even harsher, possibly forcing exchanges to delist coins deemed 'unsafe due to social accounts'! Security is becoming the 'lifeline' for project teams!
The security trifecta is about to be hot: hardware keys, multi-signature issuance, on-chain reputation systems… Don’t have these? The project might fall behind!
Insurance is going wild: will there be 'anti-hack insurance' for big shots’ X accounts? There really is! Nexus Mutual has started selling it!
Blue chips are more popular: big projects can afford enterprise-level protection, but small projects? Difficult! Security is becoming a matter of family background?
Want to avoid being seen as a hacker’s year-end bonus? Listen up, folks! If AI16Z can hold steady at $0.38, short-term veterans can take a small position for a rebound.
But remember! A day in the crypto world is like a year in real life; security vulnerabilities can make a year’s work go to waste!
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