another bad news come to crypto space,
and i think this news cause the red colour in crypto market now
That will not bring a bad name for crypto but it will do that for the name of defi. Remember about defi's reputation being ruined by the scammers and hackers. So many times the defi platforms were doing the rug pull and running away with all of money. In another case, there's also the hacked case that is happening right now.
The reputation of defi already destroyed. There's no way to recover it again.
This could be the end of defi itself.
This is a big mistake for DeFi that I see from the market I see in 2020. Obviously 2020, DeFi is bringing things up to the market, but through this attack the market is still standing. firm and has a bit of a slump, but I don't think it was the news from the attack.
So I think it is time we move aggressively to protect assets against outside attacks, this year we have received a lot of news related to hacker attack blockchain.