Since last night, everyone has been talking about the Kuaishou hacking incident. I haven't looked into it, as there is a risk of account theft, and watching the footage isn't really interesting.

This incident is clearly organized and premeditated, as new accounts on Kuaishou cannot go live with high traffic immediately. The black market group probably purchased a "code receiving" service that bypasses real-name authentication, using automated scripts to batch register or hijack accounts to open 17,000 live streaming rooms at the same time.

This matter just happens to be linked to the news that went viral yesterday about the illegality of sending obscene messages to friends starting from 2026.1.1. It would be hard to believe that it's not a deliberate provocation.

There are also rumors that the platform's universal key was leaked, and hackers may have compromised a core authentication server of Kuaishou (AuthServer) or a third-party partner ( such as a cloud service provider ).

The event is essentially a content-layer DDoS attack. The real motive could either be to take advantage of the situation to steal a large number of accounts for online fraud or it could be a deliberate retaliation from the electric fraud parks in Cambodia that are under pressure. Regardless of which it is, the technical capabilities and the reckless abilities of the Kuaishou platform itself will be questioned. After such a significant security incident that has caused a major social impact, Kuaishou will likely have to let go of many people from top to bottom, and even the relevant departments like the Cyberspace Administration and cybersecurity authorities will bear joint managerial responsibilities.

In summary, the capital market has also responded to this incident with real money, with Kuaishou's stock initially dropping 6% at the opening and currently down 3.6%.