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
Edit: ok guys, I have gone through everyone comments and I like the fact we all understand why Security is very much important especially when it involves our assets. Like someone said in the comment section. "When it involves putting our money in BTC, we should be ready to take risk." And this is absolutely right.
So, I bumped into something that is interesting on twitter which I think all exchanges should be putting into practice wether DEX or CEX. I believe with this, 1 quarter of the security breaching would be solved.
https://x.com/bitgetglobal/status/1711319577714708889?s=20I also hope this would help many people who don't know how to go about with exchanges to use when it comes to security.
Risk is inevitable, but let choose them.wisely!
This 2 things would really be that saving up your ass on this risky space.If you do ignore up these things then expect on what would happen into you.