The thefts of bitcoin and other crypto have occurred due to either exchange hacks (bad website security, not a flaw of bitcoin or other crypto per se) or successful phishing attacks (people voluntarily, but inappropriately, disclosing private keys to others).
“The thefts of bitcoin and other crypto have occurred due to either exchange hacks (bad website security, not a flaw of bitcoin or other crypto per se”
Bigger picture. You need to see the bigger picture.
It doesn’t matter what technicality by which something was stolen. It was stolen.
The entire crypto currency is a joke. People relying on ridiculous processing to perform simple transactional processing isn’t sustainable and it is obviously open to theft.
If it weren’t open to theft, there wouldn’t be the need for so much processing.
Also, the entire hashing algorithm process is open to exploits those that created it have no clue about. They claim it is mathematically secure, so you do. The old “everyone knows” teenager excuse.