The founder of SlowMist, Yu Xuan, disclosed that the Drift Protocol theft incident was caused by its migration to a 2-of-5 multisig scheme without a timelock, which enabled the attacker to quickly seize control of permissions and resulted in losses of over $200 million. He urged DeFi project teams to regularly review risks, and users need to pay attention to the protocol’s risk of capital loss.

Gate News Bot Message, March 9th, according to CoinMarketCap data, as of press time, COS (Contentos) is currently priced at $0.00128356, up 51.88% in the past 24 hours, reaching a high of $0.00148829, and falling back to a low of $0.00082776. The 24-hour trading volume is $66.4 million. The current market capitalization is approximately $6.64 million, an increase of $2.27 million from yesterday. ## Important Recent News about COS: Since the provided information is from third-party market tracking platforms and price prediction links, and does not involve specific business dynamics, market events, or policy changes related to the Contentos project, it is not possible to perform a detailed analysis of market driving factors based on the given information. This increase is mainly reflected in the strong technical performance of the market.