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Wormhole rescue shows crypto world can move fast and fix things, but winter is coming
If there's one thing more shocking than the fact that a hacker was able to exploit a software bug and drain some US$320 million worth of cryptocurrency from something called Wormhole, it's this: Backers of the project were able to replace the pilfered tokens in a matter of hours.
It highlights just how much cash — both traditional and digital — is sloshing around the crypto world, and how quickly it can be put to work with seemingly little time spent put into thinking about the risks of throwing good money after bad.



