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A harsh reality of Web3 is coming into focus and it’s not about the hack itself
Immunefi CEO Mitchell Amador recently pointed out a sobering stat: nearly 80% of crypto projects hit by major hacks never truly recover. The reason isn’t just stolen funds.
Most protocols simply don’t believe they’re vulnerable in the first place, leaving them completely unprepared when an attack actually happens.
According to Amador, the most dangerous window is the first few hours after a breach.
Teams without a clear incident-response plan waste precious time debating decisions, downplaying the damage, or freezing in uncertainty.
That hesitation often allows losses to grow and turns a bad situation into a fatal one.
Fear of reputational harm makes things worse. Many teams avoid pausing smart contracts or delay speaking to their community, hoping the problem stays quiet.
In reality, silence fuels panic, rumors, and distrust faster than any exploit ever could.
The takeaway is clear: projects don’t fail because they’re hacked they fail because their operations and trust break down during the response.
In Web3, survival isn’t about being unhackable. It’s about being ready when the inevitable test arrives. $SOL
$BNB
$ETH
#Web3 #Web3Hack #WriteToEarnUpgrade #CPIWatch #BTC100kNext?
Immunefi CEO Mitchell Amador recently pointed out a sobering stat: nearly 80% of crypto projects hit by major hacks never truly recover. The reason isn’t just stolen funds.
Most protocols simply don’t believe they’re vulnerable in the first place, leaving them completely unprepared when an attack actually happens.
According to Amador, the most dangerous window is the first few hours after a breach.
Teams without a clear incident-response plan waste precious time debating decisions, downplaying the damage, or freezing in uncertainty.
That hesitation often allows losses to grow and turns a bad situation into a fatal one.
Fear of reputational harm makes things worse. Many teams avoid pausing smart contracts or delay speaking to their community, hoping the problem stays quiet.
In reality, silence fuels panic, rumors, and distrust faster than any exploit ever could.
The takeaway is clear: projects don’t fail because they’re hacked they fail because their operations and trust break down during the response.
In Web3, survival isn’t about being unhackable. It’s about being ready when the inevitable test arrives. $SOL
$BNB
$ETH
#Web3 #Web3Hack #WriteToEarnUpgrade #CPIWatch #BTC100kNext?
A harsh reality of Web3 is coming into focus and it’s not about the hack itself
Immunefi CEO Mitchell Amador recently pointed out a sobering stat: nearly 80% of crypto projects hit by major hacks never truly recover. The reason isn’t just stolen funds.
Most protocols simply don’t believe they’re vulnerable in the first place, leaving them completely unprepared when an attack actually happens.
According to Amador, the most dangerous window is the first few hours after a breach.
Teams without a clear incident-response plan waste precious time debating decisions, downplaying the damage, or freezing in uncertainty.
That hesitation often allows losses to grow and turns a bad situation into a fatal one.
Fear of reputational harm makes things worse. Many teams avoid pausing smart contracts or delay speaking to their community, hoping the problem stays quiet.
In reality, silence fuels panic, rumors, and distrust faster than any exploit ever could.
The takeaway is clear: projects don’t fail because they’re hacked they fail because their operations and trust break down during the response.
In Web3, survival isn’t about being unhackable. It’s about being ready when the inevitable test arrives. $SOL $BNB $ETH #Web3 #Web3Hack
Immunefi CEO Mitchell Amador recently pointed out a sobering stat: nearly 80% of crypto projects hit by major hacks never truly recover. The reason isn’t just stolen funds.
Most protocols simply don’t believe they’re vulnerable in the first place, leaving them completely unprepared when an attack actually happens.
According to Amador, the most dangerous window is the first few hours after a breach.
Teams without a clear incident-response plan waste precious time debating decisions, downplaying the damage, or freezing in uncertainty.
That hesitation often allows losses to grow and turns a bad situation into a fatal one.
Fear of reputational harm makes things worse. Many teams avoid pausing smart contracts or delay speaking to their community, hoping the problem stays quiet.
In reality, silence fuels panic, rumors, and distrust faster than any exploit ever could.
The takeaway is clear: projects don’t fail because they’re hacked they fail because their operations and trust break down during the response.
In Web3, survival isn’t about being unhackable. It’s about being ready when the inevitable test arrives. $SOL $BNB $ETH #Web3 #Web3Hack
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