DeFi Founder Yishi Banned After Calling for Curve Responsibility in $9.6M Attack

Onekey founder Yishi has been banned from advocating for his rights in the Resupply incident, and received private messages containing racially insulting abuse. The incident began when Yishi made remarks regarding the Resupply incident, calling on Curve to take some responsibility for the attack. His statements, which included a call for Curve to take responsibility, sparked opposition from many developers. Yishi was subsequently banned from the Resupply official Discord and received racially insulting abuse through private messages. It is currently unclear whether the abuse came from the project team.

Yishi posted on social media, emphasizing the importance of individual efforts in the progress of DeFi. He stated, "Today's progress in DeFi is all thanks to real and specific individuals who have risked their own lives and assets to defend their rights. They are not abstract concepts but real people just like you and me. If you have benefited from these advancements, then you are closely related to them as well."

The Resupply incident involved a security vulnerability in the wstUSR market of the decentralized finance (DeFi) protocol Resupply. This vulnerability resulted in a loss of approximately $9.6 million in crypto assets. The attack was triggered by a price manipulation attack involving the protocol's integration with a synthetic stablecoin called cvcrvUSD. As one of the top three investors in Resupply, Yishi has been vocal in demanding that Curve provide a fair solution for every investor and return the user funds lost due to the project team's mistake.

This incident highlights the challenges and risks associated with DeFi protocols and the importance of security measures to protect against vulnerabilities and attacks. It also underscores the need for fair and transparent solutions when such incidents occur, ensuring that investors are protected and their rights are upheld. The situation serves as a reminder of the real-world implications of DeFi advancements and the importance of individual efforts in driving progress in the field.