Project Updates

paying even more wtf these fees are crazy

The Poolz project recently suffered an arithmetic overflow vulnerability attack, resulting in a loss of approximately $670,000. The attacker exploited a vulnerability in the smart contracts by carefully constructing input parameters, allowing them to obtain a large amount of liquidity with only a small number of tokens and successfully withdraw funds. This incident emphasizes the importance of smart contract security, and industry experts recommend using versions with automatic overflow checks and conducting security audits.

In the first half of 2024, the crypto market market capitalization is set to rise, with AI Agents becoming a new trend in Web3, attracting venture capital follow. AI Agents possess autonomous perception, thinking, and action capabilities, simplifying user interaction. Multiple projects such as Spectral and GaiaNet are driving the development in this field, showcasing the enormous potential of the combination of Web3 and AI.

Despite the tightening regulatory environment, Asian venture capital funds actively participated in global blockchain investments from 2021 to 2022, totaling 495 projects. Major investors are from China, Singapore, and other regions, focusing on U.S. companies and blockchain startups in the Asia-Pacific region. In the future, Singapore is expected to become a blockchain hub, and India's investment enthusiasm is also ongoing.

Marc Andreessen shared his insights on personal productivity, time management, and learning methods during a conversation with A16Z partners. He emphasized the importance of structured scheduling and free time, believing that executives should avoid overly tight schedules to preserve thinking space. Additionally, he advocates for optimizing processes rather than focusing on short-term results and mentioned a "barbell" reading strategy to enhance learning efficiency and flexibility of perspectives. He firmly believes that technology is a vital force driving progress.