So, unlike what happened with ByBit, most of these hacks are in the range of less than $100 million, which is a good indicator for a market that has billions of dollars in market capacity and operates 24/7.
If the data is accompanied by the daily trading volume of those platforms, we will get a better view.
That's in many ways a strange take. Saying that's a good indicator is a stretch. Would that be a good indicator if we were talking about banks being hacked? "At least they didn't take billions every time."
Also, trading volume isn't sadly giving more information, as in most smaller exchanges has been faked for a long time now. They aren't even good at hiding it because you could just manually verify it by looking at the charts / liquidity. There's supposedly ton of trading happening between the buy and sell walls where there isn't even liquidity. Any real sells (way smaller then the volume of any fake trades) are making spikes to charts in them.
And i just noticed that they haven't listed lots of hacks that happened before this article was updated.