How often are crypto exchanges hacked?

In the realm of cryptocurrency and finance, security remains a paramount concern. With the increasing popularity of digital assets, one question that often arises is: "How often are crypto exchanges hacked?" This query highlights the vulnerability of these platforms, where billions of dollars in cryptocurrency are traded daily. Understanding the frequency of hacks is crucial for investors and traders alike, as it provides a gauge of the overall safety of their funds. From targeted attacks to vulnerabilities in systems, crypto exchanges have been subject to various security breaches over the years. Therefore, the question begs for a detailed examination of the security landscape in the crypto space.