A whooping $1.2B this is indeed massive and portrays the image of cryptos in a bad light despite all regulations, KYCs, AMLs etc I wonder how those stealings aka hacking was successfully carried out without any trace and arrest. I think its high time this problem is nip in the bud else cryptos investors, adopters, hodlers and traders will lose confidence in it. More so cryptos stakeholders should devise a better way or method of securing cryptos permanently to avoid all these embarrassing stories of hackings and theft.
I think that is my biggest fear is that this issue is going to excede beyond the random hacks. I really do not want to see people losing hope in a technology that has been so good to the world. We are all in this together, learning together losing together and ultimately building together. If we have the proper security teams working on this then both front and back end to protect the overarching community then I think we are on the right track .
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