Applications for various users in the crypto space are essentially a hacker’s ATM. Hackers have attacked platforms of all sizes, starting from fingerprint-based browsing tools, all the way to major crypto exchanges.

Many stolen funds are impossible to recover in any meaningful way, with no follow-up—like earlier, when fingerprint ads were thriving. With something like fingerprint browsing, you pay a few dozen USD per year for it to protect assets worth tens of thousands of USD—can it really do that?

I used to build crawlers, and one point was clear: small companies don’t need to implement anti-scraping. Because the anti-scraping you spend 1 million RMB on can be bypassed with just 10–20 thousand RMB. The cost for security is also insanely high.

I think for a company like a fingerprint browser, spending 100,000 USD per month on security is already them doing their best. That’s determined by economic logic.

Gate is the same. Being able to pay for a security company to handle issues like face recognition is already their best choice from top to bottom.

Finally: brothers, make more money and withdraw more, or keep funds on big exchanges like BNB. Don’t think others are earning with 0.5 RMB profit while doing security work worth 500,000 RMB. Like me, who has no money, you don’t need to worry—my password length is longer than my savings. Even hackers don’t want to take my money.

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LightYearsAway

· 07-12 01:47

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Crypto has come to 2026 now. Narratives like decentralization and Web3 are already completely becoming popular. The development of these years has determined that the biggest market in the crypto space is a casino—an even more chaotic casino with no regulation.

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