He Yi's WeChat was hacked, and Vitalik Buterin sponsors a secure communication project: Web3 urgently needs secure encrypted chat software.

CN
7 hours ago

The battlefield of privacy in the digital age has long been filled with smoke, and the incident of Binance co-CEO He Yi's WeChat account being hacked has undoubtedly brought this war back into the public eye.

Coincidentally, Ethereum co-founder Vitalik Buterin (V God) had just completed a significant sponsorship for a secure communication project. Elon Musk is also accelerating the development of a crypto chat software called XChat, which is "similar to a Bitcoin system."

The intertwining of these events clearly points to one conclusion: Web3 crypto software is no longer just an industry choice; it is a necessity for all users, both internal and external.

He Yi's WeChat Hacking Incident: Exposing the Shortcomings of Centralized Social Platforms

On December 10, He Yi's WeChat account was suddenly taken over by hackers, who used it to promote a Memecoin called "Mubarakah."

The hackers' attack can be described as a "precision strike"—exploiting the vulnerabilities of traditional platforms' centralized data storage, they easily gained access through phone number recovery channels to publish false promotional information that triggered market fluctuations. Although He Yi responded quickly and compensated victims with BNB, the issues exposed by the incident are far from resolved.

Traditional identity verification methods inherently carry the risk of data leakage, with user data ownership controlled by the platform, facing threats from hacker attacks and potential "humanity tests" of platform abuse.

This incident also points to the core dilemma in the digital asset field—when communication and transactions rely on centralized tools, the security defenses are essentially just "paper walls."

The security vulnerabilities of centralized applications are inevitable: a single server serves as both the data management center and the attack target; once breached, it can trigger "domino effect" risks. What is even more concerning is that users in such platforms are always in a passive position—data is stored, analyzed, and even sold by the platform, yet they cannot truly control their own information sovereignty, which contradicts the core idea of "data belongs to users" in the Web3 era.

The warning significance of the He Yi incident lies here: in today's rapidly evolving hacker technology landscape, simple password protection has long been ineffective. The decentralized technology and encryption mechanisms brought by Web3 are the core solutions for building a secure communication defense.

V God’s Choice: Industry Leaders Cast Trust Votes for Crypto Communication

Market pain points often give rise to waves of innovation, and the rise of Web3 crypto software is a direct response to the crisis of centralization. These applications rely on blockchain technology to build decentralized architectures, ensuring that messages are only visible to the sender and receiver through end-to-end encryption (E2EE), fundamentally addressing the risk of data leakage. V God’s significant sponsorship has injected a strong boost into this sector.

On November 27, V God donated approximately $760,000 worth of ETH (256 ETH) to two secure communication projects, Session and SimpleX. This donation has been interpreted in the industry as an "industry declaration for privacy protection." Against the backdrop of the EU's "Chat Control" proposal strengthening regulatory surveillance, V God clearly stated that these projects represent "the next step in privacy protection" and are key tools to resist excessive monitoring—this statement strongly resonates with the security needs exposed by the He Yi incident.

  • Session: A decentralized messaging application based on the Oxen blockchain, with "no metadata leakage" as its core advantage. Users can register without a phone number or email, and messages are transmitted through an onion routing network similar to Tor, ensuring that no single node can trace the source and destination of messages. The 128 ETH donated by V God will be used to optimize its privacy protocol and enhance its ability to address global privacy challenges.
  • SimpleX: A chat platform that emphasizes "minimal encryption," enhancing practicality through multi-device synchronization while adhering to the principle of not storing any user identifiers. Its design of "no metadata, no server dependency" perfectly avoids the risks of centralized storage, and another 128 ETH sponsorship will accelerate the expansion of its mobile ecosystem.

V God’s choice is not coincidental. As top capital firms like a16z increasingly invest in decentralized social projects, the entire industry has reached a consensus: crypto communication is not a niche demand but a fundamental infrastructure of the Web3 ecosystem. The occurrence of the He Yi incident has further transformed this demand from "optional" to "essential," accelerating the migration of users to crypto software.

Crypto communication applications, based on blockchain and decentralized technology, fully protect user privacy; they also provide end-to-end encryption (E2EE), ensuring that messages are only visible between the sender and receiver. Even if the server is compromised, hackers cannot read the content. Additionally, decentralized storage avoids single points of failure, distributing user data across the network and significantly reducing the risk of theft.

The Panorama of Crypto IM: Who Can Uphold the Banner of Privacy Protection?

In addition to the two projects backed by V God, there are currently several mature crypto communication tools in the Web3 field, each building security defenses from different dimensions.

Signal: Regarded as the "gold standard" of encrypted communication, its default end-to-end encryption mechanism is based on symmetric encryption algorithms and the Diffie-Hellman key exchange protocol, receiving long-term praise from privacy activists like Snowden. However, as a more tool-oriented application, its functionality is focused on communication security and lacks the collaborative capabilities of the Web3 ecosystem.

Session: Takes anonymity a step further, achieving a "no identity binding" communication experience through decentralized architecture and onion routing technology. However, limited by its technical focus, its functionality is relatively singular and may not meet users' integrated social and transaction needs.

Element: Built on the Matrix open-source protocol, it allows users to choose their own connection nodes, demonstrating excellent decentralization. Its dual-layer encryption mechanism balances security and efficiency, but multi-protocol compatibility also leads to a higher operational threshold, making it more suitable for tech-savvy users.

XChat: A key move in Musk's "super app" strategy, built on a Rust language-based underlying architecture, using the same elliptic curve encryption algorithm as Bitcoin. However, its core functionality is limited to X Premium paid users, and due to its reliance on the X platform ecosystem, its decentralized attributes and neutrality remain controversial.

Luffa: A recently emerged decentralized application based on the Endless protocol, takes it a step further. Its unique distributed encryption technology positions it as "the world's most secure social app." Luffa integrates security into every functional module: a registration mechanism that does not require a phone number or email, eliminating identity information leakage from the source; end-to-end encryption technology ensures that messages are only visible to the sender and receiver, even the platform itself cannot access the content; decentralized storage distributes data across global nodes, completely resolving the security risks of a single server.

What is even more noteworthy is that Luffa breaks through the functional boundaries of traditional encryption tools, seamlessly integrating wallets, payments, AI assistants, and mini-program ecosystems. Users can complete cryptocurrency transfers, NFT transactions, and other operations directly while securely chatting, achieving a closed-loop experience of "social is ecology"—this is the core advantage that distinguishes Web3 applications from traditional tools. At the same time, Luffa is also exploring AI autonomous intelligence and aims to become a super connector in Web3.

Currently, Luffa has been fully launched on Google Play and the App Store, and its one-stop Web3 privacy social experience has won the favor of crypto enthusiasts and high-net-worth individuals, becoming their "mobile privacy fortress." According to the latest data released by Luffa, its registered users have exceeded 1 million.

Conclusion: In the Web3 Era, Privacy is a Basic Right, Not a Luxury

The incident of He Yi's WeChat account being hacked serves as a "stress test," exposing the fatal flaws of traditional communication tools and allowing the value of Web3 crypto software to be widely recognized. From V God’s sponsorship of Session and SimpleX to the rise of comprehensive applications like Luffa, the entire industry is responding to the demands of the times with technological innovation.

As privacy protection becomes a necessity, decentralized applications will become an inevitable choice. Security has never been a luxury; it is a basic right for everyone. In the face of risks in the digital world, choosing crypto software like Luffa is not only about opting for a safer communication method but also about choosing true data sovereignty that belongs to oneself—this may be the most precious gift that Web3 brings to ordinary people.

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