Liquid exchange hacked to the tune of $80 million

[mk4]

This news has also proved a serious decrease from the increasing security and risk of Cex, the symptoms of Binance, Liquid, etc. what we have been predicted is gradually revealed, no key is kept.  , not your property.  I had to transfer to Dex part of my assets at Binance.  I can't dig a hole there.  Lol

Although Binance is not affected as such, their illness is legally heavy

Leaving funds unnecessarily on centralized exchanges has ALWAYS been risky. It's not like this is only the 1st/2nd/3rd hack we've had since the inception of bitcoin(we're currently at 50+ now), it's just that a lot of people refuse to learn from history. Thinking that the exchange that they're using is "secure enough", not knowing that these hacked exchanges themselves has been thought of their users as "safe enough".

[Raflesia]

Terrible news if it is indeed a hack & not an inside job. These exchanges must develop better security but it’s tough, some hackers are extremely skilful. I hope it’s not an exit scam by the exchange but I guess the results are the same either way, users have lost their money

Previously, the PolyNetwork case was a hack but was able to get half the funds back and they are still working on it.
Now the Liquid exchange is indeed suspected that there must be an insider who is able to provide a loophole while their security is not so strong that it can be hacked by irresponsible parties while what about users of course they will be very traumatized and don't trust anymore.
The security system does need to be improved from all fields.
For his current still does not affect the market.