Shenyu: Project owners should conduct detailed inspections of sensitive contracts with high permissions, set time locks, and add automated monitoring and alarm mechanisms

Shenyu, co-founder and CEO of Cobo, commented on the theft of Radiant Capital and said that the measures that the industry can currently take against this complex attack are: 1. Project owners and security companies should conduct detailed inspections of high-authority sensitive contracts, first set time locks (even time locks as short as 10 minutes can effectively mitigate attacks), and add automated monitoring and alarm mechanisms. 2. First, obtain and parse the information to be signed from the hardware wallet through the app to temporarily alleviate the blind signing problem of the hardware wallet. 3. Integrate the parsing function of complex transactions in the hardware wallet to improve the transparency and security of transactions.