Cobo Lianchuang and CEO Shenyu wrote on the X platform that the Bybit 1.50 billion dollar security incident and multiple Safe owner tampering incidents exposed the current three major pain points of blockchain security: The front-end/plug-in is easily tampered with, and users cannot verify the signature data. The multi-signature key holder environment lacks independence and there is no mandatory audit mechanism. The hardware wallet has weak transaction analysis ability and is basically in a blin...
Shenyu (@bitfish1) tweeted to share the difficulty factor of trading. He believes that arbitrage operations are the least difficult and only require basic addition and subtraction capabilities; bottom fishing operations require a certain degree of confidence in position management and emotions; heavy positions after selling fly require higher mentality; top escaping operations require comprehensive analysis of fundamental, macro and group sentiment and other factors; leveraged trading is the mos...
Cobo co-founder and CEO Shenyu posted on X: "I was wrong, I didn't expect the counterfeit products season to come at the end of November." Previously, Shenyu had said that "there is no counterfeit products season in this cycle."
Shenyu (@bitfish1) posted on the X platform that when there is a security risk in the front end, the hardware wallet is the last line of defense and should ensure the safety of assets. But at this stage, the problem of blind signing is widespread, which brings opportunities for hackers. This problem must be solved.
Shen Yu, co-founder and CEO of Cobo, wrote in a post, "I recently sorted out a batch of 1,000-day-old addresses. Some of the addresses are still in the old contract, but the front end is not displayed. Thank you Arkham for reminding me in time to help recover these funds. I really feel the warmth and progress of the industry."
Shenyu quoted "f2pool's post" on the X platform as saying, "I fell to the mine shutdown... The opportunity is coming again." "At a BTC price below $58,000, at a rate of $0.08/kWh, ASICs with efficiencies below 23W/T are at a loss," F2Pool wrote.