Du Jun: A loss of 50 million dollars in the cryptocurrency industry is merely the "entry-level trial and error cost."

ChainCatcher news, Du Jun, the founder of ABCDE, pointed out in a post that in the crypto industry, especially for projects involving funds, if one hasn't experienced a loss of 50 million dollars, they might not even have made it to the table. Although the absolute value of 50 million dollars is significant, it is not outstanding in the crypto industry. Throughout the history of the industry, from Mt. Gox, Luna, PayPal to FTX and last week's Bybit, every leading project has faced losses in the hundreds of millions. In the face of such scale, 50 million dollars can only be considered as an entry-level trial-and-error cost.

Previously, regarding the Infini theft incident, Du Jun stated, "Losing a little money to buy a lesson and strengthen security capabilities is much better than losing a lot when things get bigger. If needed, I can provide funding of 5 to 10 million dollars." Du Jun emphasized that calling it "small money" is not to belittle the amount, but rather to highlight how exaggerated the threshold and risks are in this industry.