The thing about cryptocurrency hacks is that they’re extremely visible—by definition, these are public blockchains, so all thefts are in plain sight. We don’t always see when a hacker steals someone’s identity or drains funds from their bank accounts, and we don’t always see when companies are hacked, especially when customer data isn’t directly stolen, or if they don’t realize they were hacked (or if they just choose not to disclose).
That’s not to say that we shouldn’t be especially concerned about crypto hacks—we should, because the security model is inherently harder. But it’s not surprising that people will get things wrong before they get things right.
Crypto is still in its infancy as a technology; Ethereum itself is only 2 years old and still continually changing. A good security story still needs to be figured out before we should take it seriously as financial infrastructure.
