The weekly exploits hit the crypto sentiment like a grenade.

We take one step forward and two steps back with every exploit, and for an advocate of the crypto space, it’s hard to take.

This last week was rough:

• Rari Capital and Fei Protocol suffered a $90 million loss today, including Saddle Finance; the hacker exploited a reentrancy vulnerability

• A hacker stole 13.4 million in DEUS finance attack two days ago, leveraging a flash loan to target a DEUS liquidity pool on Fantom

• A hacker stole NFTs worth millions of dollars after compromising the official Instagram and Discord account for BAYC

• Akutars suffered an exploit last weekend, causing over 11,500 ETH, worth nearly $33 million, to be locked forever within a smart contract, inaccessible even to the development team

This is just in one week! As I’m writing this, I’m thinking, “there’s got to be more,” because I’m so used to this happening that it seems like another average week in the crypto space. That’s not good.

Until this starts becoming a less common occurrence, whatever dreams we have about mass adoption are out the window. Seeing headlines like this weekly, daily, or even monthly is a gut punch.

The crypto space needs to focus on dev development and retention, no more copy and paste code without multi-tiered vetting and release. But honestly, I don’t know what the answer to this problem is. I do know that I’m tired of seeing it happen.