Topic: Hacked Exchanges since 2011 - page 5. (Read 27892 times)
Even though there is a lot of cases of hacked exchanges from the past to present, we are still thriving and the market just shakes it off. I hope in the next few years, the exchanges will have more security than before which they can easily defend themselves from a strong cyber attack. Exchanges are easy target for the hackers and exchanges should really take their security seriously if they want to build a solid reputation long term.
Unfortunately the list of hacked exchanges is getting bigger, it's like they are easy prey for criminals. This is a huge problem for users and I beleive exchanges should invest more in security and put more efforts to protect the users. It's an additional investment for them but without that they will not survive.
This requires more of a good management than strong IT infrastructure unfortunately. It is usually humans that err and become the weakest links that result in hacks. There will never be a true aid for inside jobs as well and is probably a matter of time before a rogue employee takes a chair somewhere high in the ladder. For this to be secure we would need a truly regulated market where people would risk real jail-time for wrongdoings in this business. 
Thank you for sharing this valuable information, I am very surprised to see that quite a number of exchanges have fallen victim to hackers.
Seeing these data we become open-minded, it turns out very dangerous if we save all the funds we have on exchanges. Therefore this is
a lesson for all of us to save our funds in the hardware wallet. And I am also more surprised to see that every year the number of exchanges
hacked is increasing.
Seeing these data we become open-minded, it turns out very dangerous if we save all the funds we have on exchanges. Therefore this is
a lesson for all of us to save our funds in the hardware wallet. And I am also more surprised to see that every year the number of exchanges
hacked is increasing.
I lost coins when Cryptsy was hacked a few years ago. Actually, it may not have been hacked because many people believe that the owner stole the coins and moved to China. Either way, the coins are lost and will never be recovered.
I never save and hold coin with not poplar exchange market because I worried when this market hacked make us loss our saving assets and I ever lost 0.1 btc when saving in liqui because some one hack my account, for safety exchange if you want hold long time better keep save with popular and bigger exchange market like Binance, Bitrrex, Huobi and Kucoin.
I lost coins when Cryptsy was hacked a few years ago. Actually, it may not have been hacked because many people believe that the owner stole the coins and moved to China. Either way, the coins are lost and will never be recovered.
It seems that the number of hacks increases when Bitcoin pump. Thanks to the thread, i know my favourite wallet blockchain was hacked 2 times, it makes me thinking about moving to a new wallet now.
I wish information about the amount hacked in each exchange since 2011 was all available. It would be awesome to have a graph showing how much in BTC or USD has been hacked in different exchanges each year.
Yes, that is the idea, but it is the most complicated, to find and contrast the data.
The final presentation per year should look like this for every year:
2011 > 7
Code:
Year Month Exchange Amount/$ Hacked Source:
2011 Jun. MTGOX 30.000 2.000 / BTC en.wikipedia.org/wiki/Mt._Gox#Security_breach_and_invalid_addresses_(2011)
2011 Jun. Mass MyBitcoin 60.000 4.000 / BTC blog.goodaudience.com
2011 Jul. Ubitex 15.575 1.138 / BTC en.bitcoin.it/wiki/List_of_Major_Bitcoin_Heists,_Thefts,_and_Losses
2011 Jul. Bitomat.pl 231.570 17.000 / BTC coindesk.com/hacker-attack-polands-bitcoin-exchange
2011 Aug. MyBitcoin 1.072.500 78.735 / BTC arstechnica.com/tech-policy/2017/12/a-brief-history-of-bitcoin-hacks-and-frauds/
2011 Sep. Mooncoin 22.300 4.000 / BTC @wayne_huang medium.com
2011 Oct. Bitcoin7 50.000 5.000 / BTC coinsutra.com/biggest-bitcoin-hacks/
https://i.imgur.com/pEKKTP2.png
Update in progress on the main page with new data and new presentation format.
https://bitcointalksearch.org/topic/hacked-exchanges-since-2011-5090869
Nice graphical presentation.Update in progress on the main page with new data and new presentation format.
https://bitcointalksearch.org/topic/hacked-exchanges-since-2011-5090869
I wish information about the amount hacked in each exchange since 2011 was all available. It would be awesome to have a graph showing how much in BTC or USD has been hacked in different exchanges each year.
Cryptocurrency exchange hack has gradually become a thing of worry considering the whooping amount of about $1.4 billion has been lost to hack till date and about $171 million had been lost to hack just this year, this does not speak well of crypto and the security it profess. I would every exchange to host a bug bounty for hackers to see if they can detect any loopholes which fraudsters might exploit. Doing this will keep the exchange security at alert at all times
Last year 2019 become bad and extremely with many exchange hacked with million dollar each exchange, many exchange never grow up and failed after hacked like cryptopia where many investor money never can get back. I hope with new year many exchange market upgrade their security system where most safety from hacker, investor will safety hold their assets in exchange market.
I am really shocked by the amout being stolen and thousands of traders and investors hurt by this havok.
Update in progress on the main page with new data and new presentation format.
https://bitcointalksearch.org/topic/hacked-exchanges-since-2011-5090869
Code:
Exchange Year Amount / Month Amount / Coin Founders
✔️ Bitcoin7 2011 < 50.000 $ October 5.000 / BTC
✔️ Mt.Gox 2011 < 8.750.000 $ June 2.000 / BTC Jed McCaleb / Mark Karpeles
✔️ Bitcoinica 2012 < 228.000 $ March 43.550 / BTC
✔️ Bitcoinica 2012 < 87.000 $ May 18.540 / BTC
✔️ Bitcoinica 2012 < 300.000 $ July 40.000 / BTC
✔️ Bitfloor 2012 < 250.000 $ September 24.000 / BTC Roman Shtylman
✔️ PicoStocks 2013 < 3.000.000 $ November 6.000 / BTC
✔️ Vircurex 2013 < 160.000 $ May 1.450 / BTC
✔️ BTER 2014 < 1.065.000 $ August / NXT
✔️ BitPay 2014 < 1.800.000 $ December 5.000 / BTC
✔️ Bitcurex 2014 < ? $ March /
✔️ Cryptsy 2014 < 9.500.000 $ July 11.325 / BTC
✔️ Cryptorush 2014 < 570.000 $ March /
✔️ KipCoin 2014 < 690.000 $ October /
✔️ MintPal 2014 < 1.300.000 $ October /
✔️ Mt.Gox 2014 < 460.000.000 $ February 650.000 / BTC Jed McCaleb / Mark Karpeles
✔️ Poloniex 2014 < 64.000 $ March 97 / BTC Tristan D'Agosta
✔️ LocalBitcoins 2015 < ? $ January 17 / BTC
✔️ 796Exchange 2015 < 230.000 $ January 1.000 / BTC
✔️ BTER 2015 < 1.750.000 $ February 7.170 / BTC
✔️ Bitcurex 2016 < 1.500.000 $ October 2.300 / BTC
✔️ Bitstamp 2015 < 5.200.000 $ January 19.000 / BTC Merlak brothers
✔️ Bitfinex 2016 < 77.000.000 $ August 119.700 / BTC Rafael Nicole
✔️ Gatecoin 2016 < 2.140.000 $ May 250 / BTC
✔️ ShapeShift 2016 < 230.000 $ April 469 / BTC
✔️ Bithumb 2017 < 30.000.000 $ February / Crypto Kim De Shi
✔️ YouBit 2017 < 5.300.000 $ April /
✔️ YouBit 2017 < 17% $ December /
✔️ Bancor 2018 < 23.000.000 $ July / Guy Benarzi
✔️ Coincheck 2018 < 500.000.000 $ January / NEM Koichiro Wada, Yusuke Otsuka
✔️ BitGrail 2018 < 187.000.000 $ February / Nano Francesco Firano
✔️ Zaif 2018 < 60.000.000 $ September /
✔️ Coinrail 2018 < 40.000.000 $ June / Crypto Lee Nuss
✔️ Cryptopia 2019 < 16.000.000 $ January / twitter.com/Cryptopia_NZ/status/1085084168852291586
✔️ Liqui Crypto 2019 < Closed $ January Closed cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity
✔️ QuadrigaCX 2019 < 145.000.000 $ January Closed cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues
✔️ Coinmama 2019 < $ February 450.000 / emails+passwords www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst
✔️ DragonEx 2019 < $ March Waiting for more info. www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked
✔️ Coinbene 2019 < $ March Waiting for more info. blockonomi.com/coinbene-hacked-exchange-says-not/
✔️ Bithumb 2019 < Waiting info.$ March 3.000.000 / EOS cointelegraph.com/news/crypto-exchange-bithumb-reportedly-hacked
✔️ Binance 2019 < 41.000.000 $ May 7.000 / BTC cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach
✔️ GateHub 2019 < 10.000.000 $ June / XRP cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack
✔️ Bitrue 2019 < 5.000.000 $ June / cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano
✔️ Bitsane 2019 < $ June / cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds
✔️ Bitcoins Norway 2019 < $ June / news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en
✔️ BitMarket 2019 < $ June / cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss
✔️ Bitpoint 2019 < 32.000.000 $ July / cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
✔️ Upbit 2019 < 49.000.000 $ November 342.000 / ETH coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether
https://twitter.com/lopp/status/1206639740428128256
This is a Jameson Lopp Twiit, yesterday, their numbers don't match exactly with mine, I guess because in my list there are only the best known, but in the twiit I found some interesting links that I want to share in the thread:
https://magoo.github.io/Blockchain-Graveyard/
https://coiniq.com/cryptocurrency-exchange-hacks/
https://cryptoxdirectory.com/hacked_2019
https://cryptosec.info/exchange-hacks/
Anyway I will review these links and add the information that may be missing in my list.
We haven't finished the year and we have another exchange hacked.
Cryptocurrency exchange hack has gradually become a thing of worry considering the whooping amount of about $1.4 billion has been lost to hack till date and about $171 million had been lost to hack just this year, this does not speak well of crypto and the security it profess. I would every exchange to host a bug bounty for hackers to see if they can detect any loopholes which fraudsters might exploit. Doing this will keep the exchange security at alert at all times
< Exchanges Hacked 2019 >
Code:
Exchange Year Amount / Month Amount / Coin Source
✔️ Cryptopia 2019 < 16.000.000 $ January / twitter.com/Cryptopia_NZ/status/1085084168852291586
✔️ Liqui Crypto 2019 < Closed $ January Closed cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity
✔️ QuadrigaCX 2019 < 145.000.000 $ January Closed cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues
✔️ Coinmama 2019 < $ February 450.000 / emails+passwords www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst
✔️ DragonEx 2019 < $ March Waiting for more info. www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked
✔️ Coinbene 2019 < $ March Waiting for more info. blockonomi.com/coinbene-hacked-exchange-says-not/
✔️ Bithumb 2019 < Waiting info.$ March 3.000.000 / EOS cointelegraph.com/news/crypto-exchange-bithumb-reportedly-hacked
✔️ Binance 2019 < 41.000.000 $ May 7.000 / BTC cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach
✔️ GateHub 2019 < 10.000.000 $ June / XRP cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack
✔️ Bitrue 2019 < 5.000.000 $ June / cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano
✔️ Bitsane 2019 < $ June / cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds
✔️ Bitcoins Norway 2019 < $ June / news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en
✔️ BitMarket 2019 < $ June / cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss
✔️ Bitpoint 2019 < 32.000.000 $ July / cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
✔️ Upbit 2019 < 49.000.000 $ November 342.000 / ETH coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether
South Korean crypto exchange Upbit has lost cryptocurrency worth $49 million, the exchange has confirmed.
Quote
Upbit’s CEO said in a blog post at 9:00 UTC on Wednesday that an abnormal transaction from its wallets had resulted in the outflow of 342,000 ether (ETH) earlier today.
https://www.coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-etherhttps://upbit.com/service_center/notice?id=1085
We haven't finished the year and we have another exchange hacked.
South Korean Crypto Exchange Prixbit Closes Down Citing Financial Difficulties
https://bitcoinexchangeguide.com/south-korean-crypto-exchange-prixbit-closes-down-citing-financial-difficulties/
Quote
Business Korea reports that the customers are concerned about their deposits given that the exchange was closed due to financial problems.
Business Korea also gave reasons why many korean based exchanges are in danger of closing down saying that only four exchanges have been able to directly connect with local banks allowing for fiat transactions while the rest have been restricted from the financial system. They also cite low trading volume as a major concern.
As per the Business Korea report about 200 Korean exchanges risk being closed down which is about 97 percent of the sector.
Business Korea also gave reasons why many korean based exchanges are in danger of closing down saying that only four exchanges have been able to directly connect with local banks allowing for fiat transactions while the rest have been restricted from the financial system. They also cite low trading volume as a major concern.
As per the Business Korea report about 200 Korean exchanges risk being closed down which is about 97 percent of the sector.
https://bitcoinexchangeguide.com/south-korean-crypto-exchange-prixbit-closes-down-citing-financial-difficulties/
Thanks for sharing those information to us. Yes, we all heard that hackers had stolen over $40 million worth of bitcoin form Binance, one of the world's largest cryptocurrency exchanges. They also managed to get some user information such as two-factor autentication codes, which are required to log in to Binance account. We would like to see more details from exchanges so users can learn how to keep account safe. I like the tips below the list. It's really helpful.
Thanks for sharing this information. It is all the exchanges' responses to keep the token safe. While it is always the community to be the faster responser rather than the security team. Power of the security team is limited, power of community is unlimited. That's why we view the community so important.
Unfortunately the list of hacked exchanges is getting biggee, it's like they are easy prey for criminals. This is a huge problem for users and I beleive exchanges should invest more in security and put more efforts to protect the users. It's an additional investment for them but without that they will not survive.
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