With hacks occurring more frequently these days, I would strongly emphasize the importance of security. Whether it's a decentralized exchange (DEX) or a centralized exchange (CEX), no one is immune. First, we witnessed the Mixin incident, and now it's Galxe. It's crucial for everyone to assess the security measures of any platform before entrusting their funds. We all bear the responsibility to conduct thorough research before investing our hard-earned money
I think crypto is all about scams. Most of the project owners are doing rugpull or exploits them self. Because they need to stole the user's funds. So that's why they are doing this. When it comes to the galaxy and balancer, same hacker did this. Because he is always doing front end hack. So he need the entire code base. There may be possibility inside of group member leaked entire code base and DNS information.