Earn

Sun Yuchen: Safety is a "top priority project," and we must remain vigilant and continuously learn

ChainCatcher news, Huobi HTX global advisor and TRON founder Justin Sun shared his profound insights on exchange security in a Twitter Space themed "Industry Crisis, How to Cope Together? Is There an Optimal Solution for Security in the Crypto Industry?"He stated that it is evident that hacking methods are continuously evolving, shifting from hot wallet attacks to multi-signature wallet attacks. Exchanges must remain vigilant at all times and dynamically enhance their security measures. In his view, security is a "top-level project," and having a sense of awe and a willingness to learn are key to maintaining security. One must always be humble, always vigilant, and always learning, which ultimately leads to everlasting security. Additionally, security is akin to personal health management; one cannot rely entirely on external guarantees. The exchange's own high regard for and awareness of security are essential to effectively prevent risks and remain undefeated in long-term development.Justin Sun introduced that for Huobi HTX, user security is very important. Therefore, they always follow up on crypto security incidents promptly, understanding the principles and methods of hacker attacks to implement effective prevention. At the same time, Huobi HTX has also collaborated with numerous white hat teams to conduct offensive and defensive testing, enhancing their security capabilities.

4E: Walmart's earnings warning drags down US stocks, while the crypto market rebounds

ChainCatcher news, Walmart's earnings guidance was below market expectations. As an important barometer of U.S. consumer spending, its slowing growth signals have raised investors' concerns about stagnation in consumer spending. According to 4E monitoring, the three major U.S. stock indices collectively fell on Thursday. Walmart's stock plummeted by 6.53%, dragging the Dow down by 1.01%, marking the largest single-day drop in nearly five weeks; the S&P 500 index fell by 0.43%, and the Nasdaq dropped by 0.47%, with large tech stocks generally under pressure.The cryptocurrency market has remained sluggish since February, with pessimistic sentiment once prevailing. However, after Bitcoin fell to a previous low of $93,000 on Tuesday, the price has continued to rebound as the market seems to gradually digest the impact of Trump's tariff policies and optimistic expectations for a resolution to the Russia-Ukraine conflict. As of now, Bitcoin is priced at $98,146, up 1.2% in the last 24 hours. The altcoin market has also shown signs of recovery, especially with newly launched coins experiencing significant increases, leading to a notable improvement in market sentiment.In the forex commodities sector, influenced by both the tariff plan and economic data, the U.S. dollar index fell by 0.7%; a decline in U.S. fuel inventories and a weaker dollar provided support for oil prices, which have risen for three consecutive days; safe-haven demand pushed spot gold to touch a historic high of $2,954, before the increase narrowed to 0.22%.U.S. stocks retreated on Thursday from record highs after several days of gains, with weak retail earnings reports coupled with U.S. unemployment claims data intensifying concerns about declining consumer confidence and the economic impact of tariff policies, leading traders to generally maintain a cautious stance.
ChainCatcher Building the Web3 world with innovators