Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
In 2026, just as the industry was getting started, the crypto space experienced a massive security incident—hundreds of wallets across EVM-compatible chains were hacked and drained by attackers, with losses reaching an unprecedented scale. This was not a small-scale theft but an organized, large-scale attack.
Why is this event so serious? The EVM virtual machine is the core protocol of the Ethereum ecosystem, and major public chains like Polygon and Binance Chain all adopt this standard. Once a problem occurs, the impact is not limited to a single chain’s users but spans multiple ecosystems—ETH holders, MATIC users, BNB ecosystem participants—all need to stay alert.
Market reactions show that such incidents tend to trigger chain reactions. DeFi-related tokens (like UNI, LINK) may face short-term pressure, and investors’ risk appetite will inevitably decline. But on the flip side, if the industry can leverage this event to upgrade security infrastructure, it could serve as a long-term turning point.
The specific attack methods are still unclear. It could be a vulnerability in cross-chain bridges or a backdoor in a smart contract. Another harsh reality is that if stolen funds end up in mixers, the chances of recovery are virtually zero. This underscores the importance of security measures—preventive security is far more critical than post-incident tracking.
Will this incident accelerate the deployment of Layer 2 security solutions? Or is it just a signal indicating that the race to discover and exploit vulnerabilities has only just begun? It’s worth pondering.
Should have stocked up more on Layer2 security solutions earlier; this wave is definitely a buying opportunity.
It seems that the EVM system really needs to be thoroughly checked; otherwise, who would dare to hold positions with confidence?
Huh, how much was the loss this time? Has anyone smart enough calculated the exact numbers?
The contract backdoor thing is too sinister; it's almost impossible to defend against. Do we still have to rely on exchanges for custody?
These DeFi tokens like UNI are likely to suffer in the short term, but in the long run, it might actually be an opportunity?
I just want to know how hackers are so organized; it feels like a team effort.
Once you get into a mixer, it's completely over. That's the most ruthless part.
Can Layer2 save the current mess? Feels too optimistic to say that.
Come on, every time this happens, it's "the long-term is a turning point," just an excuse to cut leeks.
Cross-chain bridges keep having issues again and again. When will this industry finally behave?
---
Honestly, the backdoor of cross-chain bridges is more terrifying than the vulnerabilities. Who the hell would have thought of that?
---
Is it time to short DeFi tokens in the short term? Or continue to fall? No one can say for sure.
---
Can layer2 save this situation? It feels like just treating the symptoms rather than the root cause.
---
Hundreds of wallets emptied at once. How ruthless is this operation? The hacker is forcing the entire industry to upgrade its defenses.
---
Stolen funds vanish into mixers instantly. This is probably the most despairing part.
---
Wow, starting 2026 with such a big event. I'm a bit looking forward to how it will unfold later.
---
Once the mixer is washed, we can't even chase it, this is the most desperate
---
EVM issues cause the entire chain to kneel, there should have been an alternative plan long ago
---
Short-term decline is certain, but who can ensure their wallet is safe, that's the scary part
---
Can Layer2 save the situation? It feels like rushing to implement might be too late
---
Every time we talk about upgrading security, it still gets exposed... when will this cycle end
---
Hundreds of wallets emptied collectively, such a professional technique...
---
DeFi might face prolonged pressure this time, investors' mentality is about to collapse
---
Backdoors are more painful than vulnerabilities, no one can prevent that kind of thing
---
Cross-chain bridges? Smart contracts? Hackers just have ways...
---
Will this become a turning point, or just another reshuffle
---
If it weren't for strict internal audits by major institutions this time, I guess my assets would have been wiped out too. How can we prevent this?
---
Wait, cross-chain bridge vulnerabilities? What were all those audit reports for before? Just blank pages?
---
DeFi is about to drop again. I really don't dare to look at the K-line anymore.
---
People say that long-term turning points are all after-the-fact armchair generals. Who cares now? Losing money is the most heartbreaking.
---
If Layer2 could really solve this issue, it would have been resolved long ago. Others are much smarter than you.
---
Hundreds of wallets being emptied at once? This isn't hackers, it's terrorists.