DruXiaodong

$ETHFI Don't know what to buy, so buying some of this, reasons as follows:
EtherFi March Analyst Call Key Takeaways
One-sentence summary:
1. Revenue grew 52% YoY to $68 million (growth achieved even with Ethereum price cut in half)
2. ETHFI token unlocking completed this month, cumulative buybacks of $60 million, token emissions zeroed out
3. Card user target growth 8x to 200k, "ETHFI Holder Bill of Rights" launching soon
💳 Cards/Decentralized Banking (DeFi Bank)
• Non-custodial crypto card market share 52%, industry #1
• Card user targets: increasing from 25k to 200k (8x growth)
• Metal car

When the market is moving in one direction, just hold your position and let time take care of the rest. $BOME

It seems some folks still don't quite understand what happened.
Simply put, it appears the attacker controlled a large amount of $THE , then exploited a vulnerability in Venus Protocol that allows collateralizing $THE to borrow hard currency. They then pumped $THE on the market—since there wasn't much liquidity, a small amount of money was enough to do it.
Venus's oracle reads on-chain prices, so instantly the $THE they deposited became very valuable. Then they went crazy borrowing out BTC, Cake, BNB and other assets.
After that, they crashed the $THE price, causing themselves to become in

$THE has already gone bad. Looking at the attacker's wallet, they already have $3.6M in assets. It doesn't seem like a huge loss, but it's recommended that anyone with funds inside first withdraw them.
They got away with 20 BTC, 1.5M Cake, and 200 BNB.
In addition, the liquidation of $THE is still ongoing. There are 42M THE waiting to be liquidated inside, valued at $14M.