On Monday, Ethereum plummeted and token network protocols were attacked by hackers.

On Monday, Ethereum fell 9% at one point, breaking below the key support level of $3600, a drop of about 25% from its high of $4885 on August 22. Before the Ethereum crash, the decentralized finance protocol Balancer, based on Ethereum, suffered a possible loss of over $100 million in a hacking attack. This vulnerability is the latest in a series of bearish events in recent weeks, causing anxiety among digital asset investors. Some stocks related to digital assets are also under pressure, with Coinbase falling nearly 4% and Strategy dropping over 1%.