If cryptocurrencies are self-regulating, aren’t the techniques used by these hackers actually the best and most effective way to play the game by its own rules? Calling this behavior “cheating” smells of sore-loserism.
These are but pricey bug bounties. This will lead to a more efficient and secure cryptocurrency market, as participants will insist on better financial controls, threatening to flee to the regulated fiat markets if their needs are not met. /s