🚨 80% of Hacked Crypto Projects Never Recover
The Hard Truth About Web3 Security
Immunefi CEO Mitchell Amador drops a sobering stat: Nearly 80% of crypto projects hit by major hacks fail to bounce back. Most protocols don't even realize they're vulnerable until it's too late.
The Critical First Hours
⏰ The minutes after a breach are make-or-break
🤔 Teams without response plans freeze and debate
📉 They underestimate the damage while losses pile up
Why Projects Actually Fail
• Fear of bad PR stops teams from pausing contracts
• Radio silence creates MORE panic, not less
• Poor communication with users destroys trust
The Real Killer
It's not the stolen funds that finish projects—it's the complete breakdown of operations and community trust during crisis response.
Bottom Line: Have an incident response plan BEFORE you need it. Transparency > Silence.
#Web3Security #CryptoHacks #Blockchain #AzanTrades
