What is your opinion on the theft of 1.5 billion days worth of assets by @ Bybit_official 1) Compared to the fragile blockchain ecosystem of almost every three days of security incidents in 2018-2019, it has been a long time since we heard of large-scale hacker attacks, so we have gained confidence in the overall security and defense capabilities of this dark forest of blockchain. But once the Bybit theft incident occurs, it will be discovered that blockchain security issues will accompany the consolidation and development of the blockchain ecosystem. Smart contract engineering implementation capabilities, local server system deployment capabilities, social worker security awareness protection capabilities, and so on, may be vulnerable to hackers finding security vulnerabilities at any time. Blockchain security issues should never be taken lightly@ GoPlusSecurity 2) Bybit has shown outstanding performance in spot trading volume, coin market strategy, user activity, and other aspects over the past year. It is currently recruiting and expanding its layout, and is poised to take off. Being hit hard by hackers will somewhat affect the momentum of further breakthroughs. But many people in the market compare this to the FTX bankruptcy incident, and I think it's a bit overcorrected. For the CEX exchange system, external security threats are far less deadly than internal governance risks. Compared to the systemic collapse caused by FTX's "internal troubles", Bybit only needs time to resist external hacker attacks@ benbybit 3) Many people panic that the massive "unlocking" of 1.5 billion yuan will bring a lot of selling pressure to the market. Based on past experiences of major hacker attacks, the short-term setback is only the market confidence, and disorderly panic coin withdrawals and sales are the fundamental cause of market fluctuations. It is almost impossible for a massive asset worth 1.5 billion US dollars to flow out through CEX, and it can only be separated through a coin mixer and slowly digested on the chain over 1-3 years. Therefore, the market needs to remain vigilant, but there is no need to panic too much.