He Yi's WeChat was stolen. V神正在资助一项加密通信相关项目：Web3领域迫切需要安全的加密聊天工具。

In the digital age, the battle for privacy is becoming even more intense than encryption itself. Just when people thought account security was a “low-probability event,” He Yi, co-CEO of Binance, had his WeChat account stolen, which quickly made it a hot topic of discussion. This incident once again reminded users that security vulnerabilities in centralized social systems remain significant. On the other hand, Vitalik Buterin, co-founder of Ethereum, just donated a large amount of money to a decentralized encrypted communication project. Elon Musk is also testing his own encrypted chat tool, XChat, claiming to want to create a “Bitcoin-like system for social interactions.” These three events seem to be signaling that encrypted communication in Web3 isn’t just a dream for tech enthusiasts, but a necessity for all users in the digital world. It could even become a fundamental security feature of the future internet.

The theft of He Yi’s WeChat account exposed the weaknesses of centralized social platforms.

On December 10th, He Yi’s WeChat account was hacked, and the hacker used it to promote a Memecoin called “Mubarakah”.

This attack was a “precision strike” by the hacker. They exploited the vulnerability in traditional platforms’ centralized data storage systems to easily gain access to user accounts and spread false promotional messages, causing market fluctuations. Although He Yi quickly responded and offered compensation in BNB to the victims, the problems exposed still haven’t been fully resolved.

Traditional identity verification methods inherently carry risks of data leakage. Users’ data is controlled by platforms, leaving them vulnerable to hacking attacks as well as potential abuse by the platforms themselves.

This incident also highlights the fundamental challenge in the field of digital assets: when communication and transactions rely on centralized tools, security measures become essentially “paper-thin defenses.”

Security vulnerabilities in centralized applications are inevitable because a single server serves both as the data management center and a target for attacks. Once such defenses are breached, it can lead to domino-like chain reactions of negative consequences. What’s more alarming is that users remain in a passive position on such platforms—their data is stored, analyzed, or even sold by the platform, while they have no real control over their own information rights. This contradicts the core concept of Web3, which aims to make data ownership reside with the users themselves.

The importance of this incident lies in this: in an era where hacking techniques evolve rapidly, simple password protections are no longer sufficient. The decentralized technologies and encryption mechanisms brought by Web3 are the true solutions to building secure communication systems.

V神的选择：行业领袖为加密通信投下信任票

Market challenges often drive innovation. The rise of Web3 encryption software is a direct response to the crisis of centralization. These applications utilize blockchain technology to create decentralized architectures, ensuring that messages are only visible to both senders and receivers through end-to-end encryption (E2EE). This addresses the root problem of data leakage, and V神的大额资助为这一领域注入了新的动力。

On November 27th, V神向Session and SimpleX two encryption communication projects donated approximately $760,000 in ETH (totaling 256 ETH). This donation was interpreted by the industry as an “industry declaration on privacy protection”. Against the backdrop of EU’s “Chat Control” initiative, which aims to strengthen regulatory oversight, V神 clearly stated that these projects represent “the next step towards privacy protection” and serve as crucial tools for resisting excessive surveillance. This stance resonates strongly with the security concerns raised by the He Yi incident.

● Session: A decentralized messaging application based on the Oxen blockchain, featuring “no metadata leakage” as its core advantage. Users can register without providing their phone numbers or emails. Messages are transmitted via a Tor-like onion routing network, ensuring that no single node can trace the origin and destination of messages. The 128 ETH donated by V神 will be used to optimize its privacy protocols and enhance its ability to address global privacy challenges.

● SimpleX: A chat platform focused on “minimalist encryption”. It offers enhanced functionality through multi-device synchronization, while adhering to the principle of not storing any user identifiers. Its design, characterized by “no metadata and no server reliance”, eliminates the risks associated with centralized storage. Another 128 ETH will be used to accelerate the expansion of its mobile ecosystem.

V神的选择并非偶然。随着a16z等顶级资本纷纷投资去中心化社交项目，整个行业已经达成共识：加密通信并非少数人的需求，而是Web3生态系统的基础设施。He Yi事件的发生进一步强化了这种需求，使其从“可选”变成了“必需”，从而加速了用户转向加密软件的进程。

Encryption communication applications rely on blockchain and decentralized technologies to fully protect users' privacy. They also offer end-to-end encryption, ensuring that messages are visible only between the sender and receiver. Even if servers are hacked, hackers cannot access the content. Additionally, decentralized storage eliminates single points of failure, as user data is distributed across the network, significantly reducing the risk of data theft.

Overview of encryption IM tools: Who can take on the responsibility of protecting privacy?

Besides the two projects supported by V神, there are already several mature encryption communication tools in the Web3 ecosystem, each providing security measures from different perspectives.

● Signal: Known as the "gold standard" for encryption communication, Signal uses end-to-end encryption based on symmetric encryption algorithms and Diffie-Hellman key exchange protocols. This approach has been widely praised by privacy advocates like Snowden. However, as a more tool-oriented application, its functionality focuses primarily on communication security, lacking the collaborative capabilities necessary for working within the Web3 ecosystem.

● Session: This tool goes further in terms of anonymity, offering a "no-identity binding" communication experience through its decentralized architecture and Onion routing technology. However, due to its focus on technical aspects, its functionality is relatively limited, making it difficult to meet the needs of users who require both social and transactional functions.

● Element: Built upon the Matrix open-source protocol, Element allows users to choose their own connection nodes, resulting in excellent levels of decentralization. Its dual-layer encryption mechanism combines security and efficiency. However, its compatibility with multiple protocols makes it somewhat complex to use, making it more suitable for technical users.

● XChat:马斯克"超级应用"战略的重要落子，基于Rust语言构建底层架构，采用比特币同款椭圆曲线加密算法。但其核心功能仅限X Premium付费用户使用，且受限于X平台生态，去中心化属性与中立性仍存争议。

● Luffa是最近新起来的一款基于Endless协议的去中心化应用，则做得更彻底。它的其独特的分布式加密技术，定位为“世界上最安全的社交App”，Luffa将安全基因融入每一个功能模块：无需手机号与邮箱的注册机制，从源头杜绝身份信息泄露;端到端加密技术确保消息仅收发双方可见，即便平台自身也无法获取内容;去中心化存储则将数据分布于全球节点，彻底解决单一服务器的安全隐患。

更值得关注的是，Luffa突破了传统加密工具的功能边界，将钱包、支付、AI助手与小程序生态无缝集成。用户在安全聊天的同时，可直接完成加密货币转账、NFT交易等操作，实现"社交即生态"的闭环体验——这正是Web3应用区别于传统工具的核心优势。同时，Luffa也在探索AI自主智能方向，并致力于成为Web3的超级连接器。

Currently, Luffa is available on both Google Play and the App Store. Its integrated Web3 privacy social experience has won the favor of crypto enthusiasts and high-net-worth individuals, making it their “mobile privacy fortress”. According to the latest data from Luffa, the number of registered users has exceeded one million.

In conclusion, in the Web3 era, privacy is a fundamental right, not a luxury.

The incident involving WeChat’s theft served as a “stress test”, exposing the fatal flaws of traditional communication tools and highlighting the value of Web3 cryptographic software. From Elon Musk’s sponsorship of Session and SimpleX to the rise of comprehensive applications like Luffa, the industry is responding to the needs of the times through technological innovation.

When privacy protection becomes a necessity, decentralized applications become an inevitable choice. Security is never a luxury; it is a basic right of every individual. In the digital world, choosing encryption software like Luffa means choosing a safer way of communicating with your data—this is perhaps the most valuable gift that Web3 can offer to ordinary people.