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The unauthorized transfer of 97 million CORE tokens is enough to make many crypto investors’ coffee go cold!
On November 1, b14g disclosed a security incident: approximately 97 million CORE staked through the protocol were transferred to an address controlled by the attacker. After detecting the anomaly, the project urgently paused the relevant contracts and began tracking the assets with the Core team, security firms, and exchanges.
At present, approximately 68 million CORE remain on the Core chain, while exchange partners have frozen approximately 9 million related assets. BTC staked through b14g remains subject to a Bitcoin network timelock and has not been affected so far.
This incident teaches us one thing: in crypto, returns are worth pursuing, but security must never be compromised.
Some projects promote annualized returns every day, as if they want to put yields on the moon, but this can make people overlook the most basic question: Who actually controls my assets?
Investing is not an adrenaline-fueled game, nor is it about who has the biggest appetite for risk. Truly mature investors look not only at returns, but also at contracts, permissions, audits, and risk management.
The market may occasionally surprise us, but don’t let shocks become part of your daily investing routine.
Remember: it’s okay to earn a little more slowly—only secure assets have the chance to go further!
$MU