以太坊，Kinto，Decloit：Defi災難及其教訓

Kinto的倒塌突出了Defi漏洞。漏洞利用導致其倒台，強調了對主動安全措施的需求。我們能學到什麼？

Ethereum, Kinto, Exploit: A DeFi Disaster and Its Lessons

以太坊，Kinto，Decloit：Defi災難及其教訓

The DeFi world moves fast, and sometimes, things break. Kinto, an Ethereum Layer 2 aimed at being regulatory-friendly, is shutting down after a major exploit. Let's dive into what happened and what it means for the future of DeFi.

Defi世界的移動速度很快，有時甚至會破裂。 Kinto是一個以太坊的第2層，旨在進行監管友好，在重大利用後正在關閉。讓我們深入了解發生的事情以及對Defi的未來意味著什麼。

Kinto's Downfall: A $1.55 Million Blow

Kinto的倒台：155萬美元的打擊

On July 10th, Kinto suffered a critical hit. An attacker exploited a loophole, minting counterfeit tokens and draining $1.55 million from lending pools. The project couldn't recover, leading to its closure on September 30th. Security researchers had flagged the flaw, but Kinto didn't patch it in time, exposing the project.

7月10日，Kinto受到嚴重打擊。一名攻擊者利用漏洞，造成偽造的代幣，並從貸款池中浪費155萬美元。該項目無法恢復，導致其在9月30日關閉。安全研究人員已經標記了這個缺陷，但是Kinto沒有及時修補它，而是揭露了該項目。

The Aftermath: A Shutdown and Partial Reimbursement

後果：關閉和部分報銷

Despite attempts to revive the project with "Phoenix," raising $1 million, Kinto couldn't sustain itself. Remaining assets will go to Phoenix lenders, with an expected 76% recovery of their principal. Ramón Recuero, Kinto’s leader, is even using personal funds to cover some debts, aiming for a clean exit.

儘管試圖用“鳳凰城”籌集100萬美元，但Kinto無法維持自己。其餘資產將交給鳳凰貸款人，其本金的收益預計為76％。 Kinto的領導人RamónRecuero甚至使用個人資金來支付一些債務，旨在清理出口。

The Bigger Picture: DeFi Exploits and Trust

更大的前景：Defi漏洞利用和信任

Kinto's fall highlights a crucial issue: even compliance-focused crypto ventures aren't safe from exploits. Trust is paramount in DeFi, and it can vanish quickly. The key to survival often depends on available resources and investor confidence in a recovery.

Kinto的Fall凸顯了一個至關重要的問題：即使是以合規性的加密貨幣為基礎，也無法免受利用。信任至關重要，它可能很快消失。生存的關鍵通常取決於可用的資源和投資者對恢復的信心。

EIP-7702 Exploit: A New Threat

EIP-7702利用：新威脅

Another concerning development is the EIP-7702 exploit, which leverages Ethereum’s May 2025 Pectra upgrade. This exploit allows attackers to drain user wallets rapidly, exposing vulnerabilities in DeFi protocols. Projects with centralized governance and celebrity endorsements are particularly at risk. WLFI, a token backed by Donald Trump, is a prime example. With the Trump family controlling a large portion of the token supply, the project faces centralization risks that could be exploited.

另一個有關發展的是EIP-7702漏洞利用，它利用了以太坊2025年5月的Pectra升級。這種利用使攻擊者能夠快速排出用戶錢包，從而在Defi協議中揭示漏洞。具有集中式治理和名人代言的項目尤其有風險。 WLFI是由唐納德·特朗普（Donald Trump）支持的代幣，就是一個很好的例子。隨著特朗普家族控制著代幣供應的很大一部分，該項目面臨可以利用的集中化風險。

Lessons Learned: Security and Decentralization

經驗教訓：安全和權力下放

The EIP-7702 exploit and Kinto's collapse underscore the need for robust security protocols and decentralized governance. Wallet providers are starting to implement safeguards, but more comprehensive solutions are necessary. Users need better education to avoid phishing traps, and projects must prioritize transparent voting mechanisms. Regulatory clarity is also essential to prevent regulatory arbitrage.

EIP-7702利用和Kinto的崩潰強調了對強大的安全協議和分散治理的需求。錢包提供商開始實施保障措施，但需要更全面的解決方案。用戶需要更好的教育以避免網絡釣魚陷阱，項目必須優先考慮透明的投票機制。監管清晰度對於防止監管套利也是必不可少的。

A Hybrid Approach: Balancing Innovation and Risk

混合方法：平衡創新與風險

The coexistence of Ethereum ETFs and platforms like APT Miner suggests a dual-track strategy for institutional investors. Ethereum ETFs offer liquidity and regulatory safety, while APT Miner provides an alternative mining option with a focus on sustainability. This hybrid approach balances traditional allocations with innovative, ESG-compliant alternatives.

Ethereum ETF和平台（如APT Miner）的共存提出了針對機構投資者的雙軌策略。 Ethereum ETF提供了流動性和監管安全，而APT Miner提供了一種替代性採礦選擇，重點是可持續性。這種混合方法將傳統分配與創新的，符合ESG的替代方案之間的平衡。

Final Thoughts: Navigating the DeFi Landscape

最終想法：導航Defi景觀

The DeFi world is full of potential, but it's also rife with risks. Kinto's story is a reminder that security and decentralization must be prioritized. So, stay vigilant, do your research, and maybe keep a little extra coffee on hand – you never know what's going to happen next!

Defi世界充滿了潛力，但它也充滿了風險。 Kinto的故事提醒您必須優先考慮安全和權力下放。因此，保持警惕，進行研究，也許手頭上少量咖啡 - 您永遠都不知道接下來會發生什麼！