Yesterday (25), and the crypto asset custodian giant Cobo co-hosted a Space on the social platform X, with the topic "Bybit lost $150 million, is multi-signature really safe?"
During the discussion, Cobo founder Discus Fish recalled his experience of being hacked for 12,000 ETH last year, saying:
At the time, Eigenlayer airdropped, and my physical condition was not ideal. After clicking on the wrong link, the funds were stolen.
Facing the power of the state, I have been training since I was a teenager, infiltrating enterprises... Facing such an opponent, human nature cannot be the slightest bit lax, and extremely tough means and methods are needed to maintain security.
If the US fails to establish a Bit reserve, the bull market may come to an end
Meanwhile, in the current overall market downturn, Discus Fish said that the next growth opportunity may come from the US establishing a Bit reserve, and if this proposal is ultimately rejected, the bull market may also come to an end:
Possibly in the second half of the year, after the path for the US to establish a Bit reserve becomes clearer from June to October, the market may see more new capital inflows.
But if this vision cannot be realized this year, then the bull market may come to an end.
Polymarket shows a 46% chance of the US establishing a Bit reserve this year
According to data from Bit Reserve Monitor, several US states have already proposed using public funds to establish a Bit reserve, but unfortunately, five states have already rejected this proposal in their legislatures, including Pennsylvania, South Dakota, North Dakota, Montana, and Wyoming, requiring further negotiations.
Additionally, according to data from the decentralized prediction platform Polymarket Polymarket, the current market believes there is a 46% chance that the US will establish a Bit reserve this year, down from 65% on January 19, indicating a decline in market confidence.
