There is no such thing as beginning to look like a year of hacks. We really can't blame binance for getting hacked. People who lost their funds are also responsible for losing it. Funds staying in exchange sites are not really recommended since exchange sites getting hacked is not something new. Binance did their best when it comes to security and we should also do our best since it is our own money.
My question is despite the huge money that cryptocurrency exchanges are making especially Binance why are they not insuring their platform like what we can find in the conventional industry, I think the industry is ripe for such and they need to start doing so.