Early morning explosion! A well-known DeFi project suddenly faced malicious attacks, Bitcoin directly fell by 200 points, is your Wallet still safe?

At eight o'clock this morning, the crypto world was struck by a heavy blow. A well-known DeFi protocol was precisely targeted, and hackers made off with 1000 ETH (worth about 3 million USD), which was then instantly laundered through mixers. The moment the news broke, Bitcoin fell by 200 points! Retail investors hadn't even reacted yet, and their accounts were already in the green.

This incident is not accidental. Although the authorities urgently clarified that only the yETH liquidity pool was affected and other vaults are temporarily unharmed, the market is not convinced – after all, this project had security vulnerabilities last year, and now with old wounds unhealed and new scars added, who dares to trust easily? The code vulnerabilities in DeFi are like landmines; you never know where the next one is buried.

What should retail investors do? Don't rush to catch the bottom for a rebound! First, engrave these three survival rules in your mind:

First, wait until the emotions stabilize before taking action; entering the market now is just giving warmth to the market makers.
Second, immediately check your positions; if you hold any DeFi altcoins, consider reducing your holdings to stop losses.
Thirdly, funds are shifting towards mainstream coins and reliable platforms, as the high returns of niche protocols come with the high-risk abyss.

To be honest, no matter how much DeFi innovates finance, it's all in vain if security vulnerabilities aren't patched. This incident will temporarily drag down the entire DeFi sector, but foundational assets like Bitcoin and Ethereum will have limited long-term impact. The key is that we need to learn to put our eggs in different baskets—don't put all your principal into experimental protocols just for a few percentage points of annualized yield.

The crypto world is not a casino; staying alive is more important than getting rich quickly. Take it slow, be steady, and you can go further.