Opinion: Nearly 80% of crypto projects that have been hacked have failed to fully recover, with operational and trust failures being the main reasons.

According to a report by Cointelegraph on January 18th, Mitchell Amador, CEO of Web3 security platform Immunefi, stated that nearly 80% of crypto projects that suffer major hacks never fully recover. Most protocols lack a basic understanding of the extent of their vulnerability and are not operationally prepared for major security incidents. Amador stated that the initial hours after a vulnerability occurs are typically the most damaging. Without a pre-established incident response plan, teams hesitate, debate their next steps, and underestimate the potential depth of the vulnerability's impact. This period is often the critical moment for additional losses. Fearing reputational damage, project teams often hesitate to suspend smart contracts, completely disrupting communication with users. Remaining silent often exacerbates panic rather than curbs the problem. The primary reason nearly 80% of hacked projects never fully recover is not the initial financial loss, but the collapse of operational and trust systems during the response process.