#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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BlockSec Observation: The Cetus $223 million attack incident highlights the limitations of traditional security audits.
Deep Tide TechFlow news, on May 28, protocols require dynamic security monitoring and attack interruption for full lifecycle protection — this is the most important industry warning after the Cetus protocol suffered a $223 million attack on May 22.
Technical analysis indicates that the vulnerability stems from an error in the checked_shlw function of the inter-mate library, allowing attackers to gain massive liquidity with just one token. Despite the protocol and its dependent code libraries undergoing multiple rounds of audits, this critical issue remained undetected.
Professor Zhou Yajin, founder of BlockSec, pointed out that traditional static code audits are no longer sufficient. A comprehensive security audit should be conducted before the project goes live, delving into the economic model and business logic from the code level; after the project goes live, it is even more necessary to continuously deploy professional risk monitoring systems like BlockSec Phalcon to achieve real-time detection and automatic response to multidimensional risks such as attacks, economics, operations, and interactions.