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RE: You DESERVE to get your $$$ stolen if you don't protect it!
I completely agree, I think this is mainly down to the mainstream people not realising the difference between an exchange and a wallet where you hold the private keys.
Cases like this though, do slow the mass adoption of cryptos, which isn't great. Perhaps these exchanges should hire some descent Devs that actually know something about security. Rather than solely concentrating on the front-end UX.
The problem is, enterprise-grade security is tough. Really tough. The incentive to hack exchange accounts and drain wallets is massive. We also can't rule out that state-sponsored hackers might be behind some of these attacks. Given the anonymous nature of crypto, it could be the perfect cyber-crime to hack an exchange and dump your ill-gotten goods elsewhere. Cold storage of assets in an exchange should be mandatory if regulation comes to the market. There's no reason why all the assets should be available immediately if a database is compromised. GDAX does this, and others should follow their lead. Even still, there's no beating an offline wallet, with your own chain of custody and a sturdy fire safe at your house, or a safe deposit box at your local credit union or bank.