New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
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The cryptocurrency market at the beginning of 2026 has staged a shocking reversal: $BROCCOLI714 suddenly surged, seemingly a sign of capital inflow on the surface, but in reality, it was a hacker stealing from the market maker account and then疯狂砸盘 (crazy dumping). This is not a main force washout, nor is it a good news realization; it’s just a mindless rally using stolen funds.
Ironically, someone managed to precisely bottom fish during this absurd market, earning $1.5 million, and immediately the朋友圈 (social circle) played out a "wealth creation myth." But for most people, such opportunities are as distant as a ghost story—seeing the surge and regretting not watching the market, struggling whether to chase or not, and finally watching the market plunge. Wealth opportunities in the crypto world have always been stories of others.
However, this incident warrants serious analysis. The idea of a market maker account being hacked sounds like a fairy tale, but it actually reflects a real issue: even large institutions have security vulnerabilities. The hacker’s success this time was fundamentally due to flaws in private key management. Many believe that accounts on major exchanges are "impregnable," but in reality, as long as the management process is improper, even the strongest defenses can be breached.
This warns us of three core issues: first, what are common vulnerabilities in security for market maker-level accounts; second, how should ordinary users assess the risk level of trading platforms; third, what adjustments should be made to trading strategies during periods of hacker activity. Risks in the crypto world never disappear; they just take different forms. Being able to identify them early is the first step toward stable trading.