Hacked Exchanges since 2011 - page 13.

mirakal

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Leading Crypto Sports Betting & Casino Platform

Quote from: valheru on January 11, 2019, 06:08:57 PM

It is really a pity to see that such a strong and well-established exchanges are hacked. No matter how much security is taken, there will always be hackers and they will continue their work and what we need to do is educate everyone about how to care about own self on cybersecurity.

That's why it's important for the exchanges to prevent this hacking because it's their reputation at stake, and with the big competition in the market, they might be surprise that people are already transferring to another exchange. For exchanges, it's a profitable business but it's the reputation is their capital to continue to progressively exist, and they have to take care of it by improving their internal control.

Quote from: VB1001 on January 11, 2019, 02:32:34 PM

Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

"Since the interim period, developers have slowly returned functionality to users and organized refunds of stolen coins."

https://cointelegraph.com/news/japanese-regulators-grant-cryptocurrency-exchange-license-to-coincheck

Goo news here.

valheru

full member

Activity: 487

Merit: 115

It is really a pity to see that such a strong and well-established exchanges are hacked. No matter how much security is taken, there will always be hackers and they will continue their work and what we need to do is educate everyone about how to care about own self on cybersecurity.

VB1001

legendary

Activity: 938

Merit: 2540

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Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

"Since the interim period, developers have slowly returned functionality to users and organized refunds of stolen coins."

https://cointelegraph.com/news/japanese-regulators-grant-cryptocurrency-exchange-license-to-coincheck

The Cryptologist

full member

Activity: 546

Merit: 100

This is the first time I've heard an exchange Bitcoinica and I find it funny that people still trust it after 2 hack incidents in that year. And also I don't believe that everything on list are hacked because I was a user of Bitgrail and I'm positively sure that the exchange are the ones behind and stole it before nano got dump very hard.

VB1001

legendary

Activity: 938

Merit: 2540

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Exchange BiteBTC.....

https://bitebtc.com/news/20

Singapore Bitcoin Exchange BiteBTC.com Claims Data Center Fire on Proof of Keys Day: Exit Scam?

https://www.ccn.com/singapore-bitcoin-exchange-bitebtc-com-claims-data-center-fire-on-proof-of-keys-day-exit-scam/

https://archive.fo/v9Kfu

https://coinmarketcap.com/exchanges/bitebtc/

VB1001

legendary

Activity: 938

Merit: 2540

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Quote from: mirakal on January 06, 2019, 06:42:25 AM

<...>

Thank you all for your contributions.

More info. = more security for us.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Thanks for making this thread, I thought the biggest hack was Mt.Gox which is the biggest hack of all time but I'm surprise now it was Coincheck . Very informative thread, please keep this thread updated so you can share the necessary information on a timely manner.

Hopefully Binance will remain safe because there are a lot of traders like me that are using this exchange, normally hackers will target big exchanges.

Furious 7

hero member

Activity: 2842

Merit: 641

https://duelbits.com/

Quote from: ginobitcoiner on January 04, 2019, 08:58:33 AM

of the many exchangers that were hit by hacking in 2017 was the year that had the least number of hacking crimes. and 2018 is the year with the most volume of assets hit by hacking

this is proof that exchange is very easy to hack. and it's time for us to secure your assets and not use exchange as a place to save. move assets to a safer wallet. Hardware wallet may be the best option.

LeGaulois

copper member

Activity: 2828

Merit: 4065

Top Crypto Casino

People overestimate coinbase. Maybe they also think that their coins are guaranteed like a government guarantees bank deposits.
When you compare with IRL there is not much difference. People know that their bank is in agony but they are not worried, and they're far to think to participate in a bank run.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18509

Quote from: BitHodler on January 01, 2019, 07:38:51 PM

The only way for anyone to notice that they don't have enough coins to have every user/customer withdraw, is to have everyone withdraw at the same time, which won't ever happen so they are safe basically for ever.

Even back in December, when Coinbase's cold storage addresses were being emptied and all the funds moved around (to new cold storage, as it turns out), all the FUD and panic posts on here and reddit were about this being a whale moving their coins to an exchange in preparation to dump them, even though that was provably not the case. I didn't see a single post raising the possibility of "could this mean Coinbase has been hacked?". So even when their cold storage of 600k empties, people don't even think about them being hacked. No one is going to notice if they lost a few hundred or even a few thousand BTC in a small hack, and as you say, they definitely wouldn't advertise it.

Although maybe if there was a small public hack, it might wake some people up enough for them to actually withdraw their coins and store them securely, instead of trusting a random third party.

VB1001

legendary

Activity: 938

Merit: 2540

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Zimbabwe Bitcoin exchange company Golix Hacked

“As a result of this intrusion, affected users have noticed some changes to their accounts such as the conversion of their cryptocurrencies and/or the acquisition of additional cryptocurrencies through already held US dollar balances,” said The Golix team.

https://www.eyetrodigital.com/zims-cryptocurrency-exchange-platform-golix-hacked/

There is only this news, if they confirm the theft, I will add it to the list, it is the 1st of 2019 Angry

faceoff97

full member

Activity: 644

Merit: 113

its best not to make any exchange storage of coins with this cases. After trading, it is really a must to transfer in a safe Wallet or hardware wallet. If you can't afford hardware wallet, opensource software would be best choice. I'm okay with electrum for Bitcoin and HODLER for altcoin.

ginobitcoiner

full member

Activity: 700

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BBOD Trading Platform

of the many exchangers that were hit by hacking in 2017 was the year that had the least number of hacking crimes. and 2018 is the year with the most volume of assets hit by hacking

BlackPanda

legendary

Activity: 1414

Merit: 1001

The case of the exchange of hacking is an extraordinary event, it is because the incident greatly affected the development of cryptocurrencies. The fact is that when a hack action occurs, the price of cryptocurrencies automatically decreases, this is the impact of the many people who feel worried when they have digital assets. Hopefully in the next year things will be much more, security features must be improved and we must be smart in choosing exchanges that have the best reputation level.

kenzawak

hero member

Activity: 658

Merit: 851

You can add LBX (London Block Exchange) to the list :

https://twitter.com/LBXSocial/status/1080928349407666182

Quote

We have taken the exchange offline for some unscheduled maintenance. We’ll provide an update soon, thank you for your patience.

VB1001

legendary

Activity: 938

Merit: 2540

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The most important proof of keys 🔑 rumors of the exchanges 03/Jan/2019:

All the same day. Shocked

Bitfinex
We are aware of some issues on our platform and are working quickly to resolve. Please be assured all funds are safe. We appreciate your patience.
https://twitter.com/bitfinex/status/1080868500338561024

Coinbase
Service was restored at 19:30 PT, 1 hour after the original incident
https://twitter.com/CoinbasePro/status/1080861151452229632

HitBTC Dismisses Allegations It Froze Accounts in Response to Proof of Keys Event
https://cointelegraph.com/news/hitbtc-dismisses-allegations-it-froze-accounts-in-response-to-proof-of-keys-event

https://www.proofofkeys.com/

Failures During Proof of Keys

HitBTC Fails PoK
Bitfinex Fails PoK
Poloniex Issues During PoK
Purse.IO Fails PoK
Robinhood Fails PoK
Coinbase Halts Trading; POK Suspicions

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: gentlemand on December 30, 2018, 01:45:34 PM

Quote from: Last of the V8s on December 30, 2018, 01:42:51 PM

Has Coinbase seriously never been hacked?
Seems legit

Never ever.

I wonder how it would be received if they were. I can't imagine their big willy investors would be too impressed if it ever did happen let alone their 'institutional' customers.

How do you know? Coinbase has so many coins, that a minor loss of funds due to a hack wouldn't even be missed with how the far majority of the people use them as long term storage because they assume it's safe and 'insured'.

The very fact that their shareholders and customers wouldn't be impressed if something like that ever happened, makes it way more likely to have Coinbase not publicly share that they have been hacked and coins were lost.

The only way for anyone to notice that they don't have enough coins to have every user/customer withdraw, is to have everyone withdraw at the same time, which won't ever happen so they are safe basically for ever.

gentlemand

legendary

Activity: 2590

Merit: 3008

Welt Am Draht

Quote from: automaticmoney on January 01, 2019, 11:21:03 AM

Look like Binance is the safest exchange which is unhacked till date but the threat of hacking possess for all the exchanges Bittrex and Binance are safe with no hack threats

Binance is less than two years old. People know effectively nothing about how it's run or its procedures. Just because it's big, does not make it 'good' or trustworthy. Act accordingly.

automaticmoney

member

Activity: 420

Merit: 18

Look like Binance is the safest exchange which is unhacked till date but the threat of hacking possess for all the exchanges Bittrex and Binance are safe with no hack threats

wuvdoll

legendary

Activity: 1442

Merit: 1025

Jesus christ according to the infographic shared on coindesk it shows 1.5 billion dollars lost so far! That is 1.5 BILLION DOLLARS.

Exchanges really need to up their security measures by a whole lot but the problem with hackers is that no matter what you do to prevent they will find a new way, if you defend that they will move onto a new way, they will not stop inventing a new way to hack into the exchanges even though exchanges cover all possible corners.

865 million of that (more than half) was in 2018, we saw how much increase there was in interest to crypto in 2017 which lead to a lot more new exchanges and some of that started out very quickly to gather the money from the hype and didn't finish the website with quality so they got hacked. Its really a shame all that money went to hackers instead of people who really needed it.

Topic: Hacked Exchanges since 2011 - page 13. (Read 27751 times)