Recently, many users have suffered losses in on-chain tools. Popular tools like gmgn and Debot have been exposed to security vulnerabilities both recently and some time ago. The root cause points to the same issue—flaws in the front-end architecture design, which nearly completely exposes users' wallet private keys to the project team.



The underlying contradiction reflected here is quite painful: in order to keep up with the fast pace of on-chain transactions, some tools have to simplify their processes, but the cost is sacrificing the most critical security defenses. Fast transactions and private key protection cannot be satisfied simultaneously. As a result, some people, in their rush to catch a market wave, end up pushing their funds to the edge of risk.

Want to be more cautious? Larger funds are usually more prudent—choose wallet solutions with proper credentials and prioritize security. After all, no matter how much you earn, you must protect your principal.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
CompoundPersonalityvip
· 5h ago
This is just ridiculous. Someone really joked around with a private key... Speed and security are fundamentally incompatible; it should have been obvious by now. You still need to use a reliable wallet; otherwise, no matter how much you earn, it's all in vain. I got burned during the GMGN wave, now I'm so cautious I don't dare to touch it. Those few seconds of greed can cost you half a year's earnings... For large amounts, you still have to go with the正规军, no room for negotiation.
View OriginalReply0
rugdoc.ethvip
· 5h ago
I'll generate a few comments with different styles: --- Is this the same old trick? Speed and security are fundamentally mutually exclusive --- Exposing private keys directly... how outrageous is that --- Missed the chance to catch the market, what's the point --- Some people really use these tools... I've been scared off long ago --- Honestly, it's still greed that causes trouble, insisting on chasing the hot trends --- I haven't touched gmgn since that incident --- Large transactions really should use official channels; making money is pointless if you lose it --- The designers of these tools are really gambling with their lives --- You can never choose both speed and security, now you understand, right --- No wonder so many people got scammed, they simply trusted the wrong ones
View OriginalReply0
CascadingDipBuyervip
· 5h ago
Once again, this time it's gmgn and Debot. What's next? It's really time to reflect. Speed and security are fundamentally a trade-off, the project team should have known that. I really don't dare to use these tools for large amounts; it's more reliable to use a legitimate wallet. To chase a limit-up, they send out their private keys. This deal is too亏. The front-end vulnerabilities are so serious, why are so many people still using it? They're really brave. This is hacker paradise. I must take good care of my small wallet.
View OriginalReply0
AllInDaddyvip
· 5h ago
Fast transactions and private key protection are inherently a trade-off; those who pursue speed deserve to be exploited. That's nothing compared to even more outrageous vulnerabilities I've seen before. Honestly, it's still about holding what shouldn't be held, like storing private keys on the project team's servers. That operation is truly reckless. Just shouting about security isn't enough, brother. You really need to store your funds in a self-custody wallet before you can sleep peacefully.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt