以太坊，Kinto，Decloit：Defi灾难及其教训

Kinto的倒塌突出了Defi漏洞。漏洞利用导致其倒台，强调了对主动安全措施的需求。我们能学到什么？

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

以太坊，Kinto，Decloit：Defi灾难及其教训

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世界的移动速度很快，有时甚至会破裂。 Kinto是一个以太坊的第2层，旨在进行监管友好，在重大利用后正在关闭。让我们深入了解发生的事情以及对Defi的未来意味着什么。

Kinto's Downfall: A $1.55 Million Blow

Kinto的倒台：155万美元的打击

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受到严重打击。一名攻击者利用漏洞，造成伪造的代币，并从贷款池中浪费155万美元。该项目无法恢复，导致其在9月30日关闭。安全研究人员已经标记了这个缺陷，但是Kinto没有及时修补它，而是揭露了该项目。

The Aftermath: A Shutdown and Partial Reimbursement

后果：关闭和部分报销

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.

尽管试图用“凤凰城”筹集100万美元，但Kinto无法维持自己。其余资产将交给凤凰贷款人，其本金的收益预计为76％。 Kinto的领导人RamónRecuero甚至使用个人资金来支付一些债务，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凸显了一个至关重要的问题：即使是以合规性的加密货币为基础，也无法免受利用。信任至关重要，它可能很快消失。生存的关键通常取决于可用的资源和投资者对恢复的信心。

EIP-7702 Exploit: A New Threat

EIP-7702利用：新威胁

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.

另一个有关发展的是EIP-7702漏洞利用，它利用了以太坊2025年5月的Pectra升级。这种利用使攻击者能够快速排出用户钱包，从而在Defi协议中揭示漏洞。具有集中式治理和名人代言的项目尤其有风险。 WLFI是由唐纳德·特朗普（Donald Trump）支持的代币，就是一个很好的例子。随着特朗普家族控制着代币供应的很大一部分，该项目面临可以利用的集中化风险。

Lessons Learned: Security and Decentralization

经验教训：安全和权力下放

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的崩溃强调了对强大的安全协议和分散治理的需求。钱包提供商开始实施保障措施，但需要更全面的解决方案。用户需要更好的教育以避免网络钓鱼陷阱，项目必须优先考虑透明的投票机制。监管清晰度对于防止监管套利也是必不可少的。

A Hybrid Approach: Balancing Innovation and Risk

混合方法：平衡创新与风险

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）的共存提出了针对机构投资者的双轨策略。 Ethereum ETF提供了流动性和监管安全，而APT Miner提供了一种替代性采矿选择，重点是可持续性。这种混合方法将传统分配与创新的，符合ESG的替代方案之间的平衡。

Final Thoughts: Navigating the DeFi Landscape

最终想法：导航Defi景观

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世界充满了潜力，但它也充满了风险。 Kinto的故事提醒您必须优先考虑安全和权力下放。因此，保持警惕，进行研究，也许手头上少量咖啡 - 您永远都不知道接下来会发生什么！