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A single hack could be the end. According to the latest data released by cybersecurity companies, most projects that suffer a hacking attack have little chance of regaining their former glory.
This data is quite sobering — nearly 80% of attacked platforms ultimately fail to bounce back. Security agencies have tracked and investigated these compromised trading platforms and DeFi protocols, and the results are concerning. Once a project's funds are stolen or its system is compromised, investor trust collapses, and rebuilding market confidence becomes as difficult as climbing a mountain.
This serves as a reminder to all participants: when choosing platforms and projects, security audits and protective measures must be prioritized. A bug or a vulnerability could determine the life or death of a project.