As far as this report are been reported on the news, you should know that the government is doing something about it, they are probably no media follow up because they are been local case that are treated locally, if media doesn't follow up, there is no way we can know tbe updates. Law enforcement are watching everything that is happening in crypto and when stealing is report, they can follow up the case for years just to get the culprit.

Haven't you see case file of 2017 case are been sentenced to prison this year, that's because the need for serious in investigation needs to be done before it can be concluded. In addition so you know, these stolen funds and hack happen everywhere but because Bitcoin is open and everyone can see it that's why we don't see traditional banks been reported of missing funds. Do well to check the bad things banks do before you think this will stop Bitcoin adoption.

Big cases will cause big news in the financial market. Hence, they will surely investigate cases like FTX or MtGox. However, they have their limitations on how they are resolving this kind of case because some of them have limited data or information that is disclosed to the public or even to the government. Especially if they have no license because we are talking about blockchain related platforms. They are only disclosing certain information when they are applying for government's license. So what the government can do is extract those information as much as they can and trace financial transactions. Now, if the owners or people involved knew what they are doing, they can really hide some financial transactions anonymously and not provide the overall picture to the authorities. This is why, the government has blindspots when it comes to crypto-related cases.

Basing up into my awareness about on whats happening in the market then i didnt expect that hacking incident for this year 2024 is much more higher than it was on 2023 on which considering that there are no big news about exchange hacks that do happen on which this is usually having that bigger chunks when it comes into the amount get involved because these places are that look like honeypots for these hackers. So far we havent seen  that much of these kind of news and turned out to be that look like just fine or simply i had just missed something?

We dont know on where their numbers do came from whether on personal wallet hacks, project wallet hacks or incidents or any other aspect. I had just that missed out all of them if there are tons of them on which this causes up for this year to have that bigger amount in terms of being hacked. Although there's no way that we can be able to stop this out because there's no such thing about perfect security on which there's always that tendency that people or platforms can be hacked out. Same goes with having that lesser knowledge about it on which it will be causing out that unawareness.

Will government be looking at this area? No i dont think so. Even if they do wanted but there's no way that they could be able to trace it out and thats why it is really that a huge problem for them to trace it up and turned out that they do just let things happen on that way because its pointless on trying out to resolved and track it out.

Who is they? Are you talking about the government? When does the government teach people something? I mean, we are talking about adults, not kids with public schools. of course stealing is wrong but I don't see how the government could teach someone how to use cryptocurrencies and protect them, it's like asking the government to protect you from phishing, etc, they can make some public warnings on the news/television but what else? Or investing, they can tell you be careful, you can lose your money, but they can't teach you how to invest.

For some reasons I think the Government can help with this but they've choosed to be reluctant and difficult towards engaging in Bitcoin awareness and regulations activities.We all know the capability and working force of the government in the society/country,and Having the government support and contributions will reduce adoption struggle and reluctancy to a large extent.

There is an idiom, a chain is as strong as its weakest link and in cyber security the weakest link is human error. No matter how much effort government puts in or how many expensive devices you place, as long as humans are doing mistakes the hackers will continue to earn.
If we talk about Bitcoin then it's a decentralised platform with no central owner that's why there is not much help from government coming in since they don't link the decentralised platforms much because they knock them out. But the positive side is that with proper awareness and little precautions one can easily protect his Bitcoins.