in my opinion these hacks are being orchestrated by powerful ententies to discourage the general public to invest in cryptocurrencies.
That maybe the other reason on why there are hacking incidents on cryptocurrencies but what about on other business or on other payment methods ?
There were also hacking and scamming or any other cyber crimes that are present and the motive of the criminals on why they do it is because of the money .
still no matter how many hacking incidents occur in cryptos , people are still courageous to invest and to continue what they already started .
I am aware that cyber crime is as old as the internet. Hackers exploit vunerabilities and take advantage of ignorant and naive people especially in a new space like cryptocurrencies where so many don't know how to protect themselves from scams and phishing attemps but either these exchanges are completely incompetent or these hacks are made from the inside. Corruption is everywhere and only time will tell if bad actors are working to discourage the masses from investing or if we just simply need to improve the security in this industry.