Cream Finance got hacked! Another reason for a dump in the crypto market. According to the blockchain data, there are a lot of coins that are stolen by hackers as a consequence of a bug in the code. In my opinion, as the #De-Fi ecosystem grows, there will be more severe hack cases that will inevitably happen. If you do not have any funds like me, we are just experiencing a mini FUD + dump wave. However, what if even De-Fi becomes an investment that bothers people with the risks taken? To be frank, I do trust more to #crypto De-Fi than the existing financial system. Yet, the upcoming investment plans that I'll apply will be really affected by the recent De-Fi bugs and millions of dollars gone 😏 #Cryptocurrency
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A lot of these sites have no safety or checks built into them. It's going to keep happening to them until the evolve to a more sustainable and secure version.