On November 10th, @ZEROBASEzk deployed approximately $600 million in funds on mainstream exchanges. We allocated funds to 19 strategy teams running 23 quantitative strategies. From an asset manager's perspective, I see: market makers stopping quotes on almost all altcoin trading pairs; some exchanges experiencing liquidity vacuum for a few minutes on certain major coin pairs; some exchanges having API access issues during early morning hours; some exchanges unable to place or cancel orders normally. Fund security is a multi-dimensional issue; we must have reverence for the market and any technology. We focus all our efforts on smart contract security, so hackers might target front-end supply chain via npm packages to fish for vulnerabilities. The day before yesterday, the data center cooling system at the world's largest futures exchange, the Chicago Mercantile Exchange, failed, causing a 10-hour outage and a sharp drop in gold prices. Problems can be completely unexpected or seemingly ordinary. The financial tsunami is like boiling frogs in warm water; by the time the frogs realize the water is hot, they are already cooked. History does not simply repeat in cycles, but people always believe "this time is different."

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