people are losing millions from hacks...investors are scared to invest...the industry needs to move past this to gain investors trust.

Risk of being hacked is part of any online platform since no systems are perfectly safe in the internet. everything has subjected to flaws and vulnerability but it can be prevented by doing some innovative approach or solution, such as instead of using hot wallets, why didnt store cryptocurrency on cold wallets, (offline) regularly updating the platform security so that the vulnerabilities will fix or reduce. thats simple ideas will help a lot if they are doing it.