Point of No Return: Why a Hack is a Death Sentence for Crypto Platforms

If a crypto platform or smart contract is hacked, there is an 80% chance that it will cease to exist. These are real statistics, calculated by Immunefi analysts based on actual data.

A lack of planning by the team can hinder the survival of the project; developers are so confident in their products that they panic in the early stages after an attack. This results in slow and ill-considered initial decisions, which often exacerbate the losses from the hack.

Most developers are reluctant to suspend smart contracts due to the potential reputational damage. They hide information about the extent of the damage from users, which only increases panic and the outflow of investments.

Such actions lead to a complete loss of trust. Users do not return once the system has been restored or switched to another smart contract. Liquidity falls and the native token loses its position in the market. Venture financing follows suit.

Therefore, if your investments ended up in a hacked pool, you can kiss those funds goodbye.