Honestly, centralized platforms can still be safe, but it really depends on how seriously they take security. Access control attacks are getting more common, and a lot of it comes down to how well internal access is managed. and the best firm ik is this https://www.bitfunded.com/ If a platform isn’t using things like proper role-based permissions or regular audits, it’s definitely more at risk. So yeah, safety is possible but not guaranteed unless they’re really on top of it.

Most of these platforms scale too fast and forget to scale their security audits. DevOps ≠ SecOps.

Internal dashboards exposed to the web—classic mistake. These attackers didn’t hack the blockchain; they hacked human laziness.

AWS IAM misconfigurations are rampant. One wrong permission and attackers get full wallet control via Lambda or API Gateway.

People forget that cloud credentials are the soft underbelly of the crypto world. You can pentest all you want, but if the S3 bucket is public, you're toast.