List of cryptocurrency exchange hacks - page 6.

CRYPTO TRON

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Quote from: bittick on April 04, 2020, 08:32:03 AM

This is good information, OP i just hope that you can try to add or create another column to be used for the list of the dex that has ever got hacked by scammer. I have seen some dexs in the past were getting hacked too. It's really important to make the newcomers aware of this.

Totally agree. A safe environment will contribute to the growth of the crypto community.

CRYPTO TRON

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Quote from: Clark05 on April 04, 2020, 07:55:02 AM

It means that there is no secure system and website because even the more secure like binance was experienced hacking and many exchanges site too. So once your money is in the crypto exchange make sure that is safe because anything will possible to happen like losing of your money.

The best is to hold assets on exchange just long enough so you can finish your tasks, than move back out from online.

Fesatmas

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Quote from: bgaf on April 04, 2020, 10:53:49 PM

Wow so many exchanges already been hacked. This proves how blockchain and centralized exchange isnt safe at all. If you would compute all the loses that staggering to a huge fund that if werent wasted will contributed on the market. Imagine how hackers ripping the money? Im wondering how much was recovered on these hack or were able to get from the thieves?

Of course, more hackers will get from the results of hacks and therefore very risky if you store too many assets on the exchange, if the exchange funds have been stolen in large amounts of course this can affect the price of hackers can sell it as they like and they just steal easily in a short time.
Every exchange will have vulnerability to hackers, so they must be more careful in storing assets.

Ifra24

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Quote from: bgaf on April 04, 2020, 10:53:49 PM

Wow so many exchanges already been hacked. This proves how blockchain and centralized exchange isnt safe at all.

I think the unsafe can be a system of exchanges. For blokchain, I think it's still very safe. Unless for example you have a key and sed blockchain has been stolen. So mistakes seem to be in you.

bgaf

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Wow so many exchanges already been hacked. This proves how blockchain and centralized exchange isnt safe at all. If you would compute all the loses that staggering to a huge fund that if werent wasted will contributed on the market. Imagine how hackers ripping the money? Im wondering how much was recovered on these hack or were able to get from the thieves?

oscarftw

sr. member

Activity: 573

Merit: 250

Excellent! Now I have some information before I entered in this forum. Others exchange still in suspicion but in Binance risk fee between all centralized exchange. After last time hacked, Binance exchange refund all money. I know still some exchange didn't hacked, isn't means that this exchange is secure.

Reid

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Quote from: CryptoYar on April 04, 2020, 05:22:20 AM

Mt.Gox Exchange	Mar 2014	850,000 BTC
Mt.Gox Exchange	Jun 2011	2,643 BTC

2 for Mt.Gox?
Sorry but I was not into cryptocurrency yet when this happened.

So it's like the 1st one was just a beta test of the hack or scam or whatever they call it now.
And then they completed it @2014?
One hell of a large amount if calculated now. But I think they have already sold some of it and it they might have not much anymore.
How much could this be at that time? Is there an exact date?

Edit:
2014

Quote

February One of the largest bitcoin exchanges, Mt.Gox, suspended withdrawals citing technical issues. By the end of the month, Mt. Gox had filed for bankruptcy protection in Japan amid reports that 744,000 bitcoins had been stolen. Months before the filing, the popularity of Mt. Gox had waned as users experienced difficulties withdrawing funds.
February 1st American newspaper The Chicago Sun-Times accepts payment in bitcoin for subscriptions.
February 10th-12th Problems with transactions in several big stock exchanges. Bitcoin price decreased to USD $600 (a historical 30% decrease).

Credits: https://en.bitcoinwiki.org/wiki/Bitcoin_history

meanwords

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Of all the exchanges that I've seen so far, Poloniex is probably the safest to bet base on that history. 97 BTC 6 years ago was probably nothing compared to other hot exchanges right now. It's probably second to LocalBitcoins. Though exchanges are not that safe, we still have few options to trade cryptocurrency right now and my tops are Poloniex and Kucoin for the security.

Ifra24

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Like being a habit. This means we must be careful. It's good if all assets are not stored on the exchange. Save in Trezor or offline wallet. Another way to choose a stock exchange that is convincing and widely used. Install security such as GA or AUTHY.

suryapro

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pakhitheboss

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After checking this list my question is

Can anyone list down the exchanges which have not been hacked till now and what security measures that these exchanges have installed to prevent hacks.

I think most exchanges listed here got hacked because it was an insider job.

cahbagus555

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Hopefully there are no more cases of exchangers being hacked again in the future because it can damage the reputation of the cryptocurrency market in the eyes of investors. It seems impossible because hackers will always try to steal coins from other people but if exchangers continue to improve their security, I think there will be a reduction in the number of exchangers hacked

CryptoYar

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Quote from: Rengga Jati on April 04, 2020, 05:57:46 PM

According to the list, the hacking cases are increasing from 2011 to current years. We can see above, in 2019, there are 13 hacking cases. It has been more than doubled from the previous year (6 cases). It shows that the number of cases is increasing rapidly lately. This is a warning for all exchanges to improve their security.

The number of cases in each year based on the list:
1. 2011 = 2 cases
2. 2012 = 2 cases
3. 2013 = 2 cases
4. 2014 = 5 cases
5. 2015 = 4 cases
6. 2016 = 3 cases
7. 2017 = 3 cases
8. 2018 = 6 cases
9. 2019 = 13 cases
10. 2020 = ?

*One of the factors why the number of hacking cases can increase significantly in 2019, is about the number of exchanges. The security level on each exchange should be different, so it is potentially to attack by hackers.

10. 2020 = 1*

goaldigger

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Activity: 2422

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That’s a lot and I think every year we can hear that exchange hacking incidents. Even the top exchanges becomes the victim of the hackers so we have to be careful on this. Don’t put too much money on exchanges, better to have your own wallet where you can store your precious coins and always have the keys with you. Its risky to store much money on exchanges, we don’t know what the hackers think and what will they do in the future.

htsy585

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Going through this list saddens me alot, not because of alots of money have been stolen in cryptocurrency sector but because the whole security breach is against the core functions and nature of blockchain. Any platform that has blockchain behind it was supposed to have an additional layer of security that cannot be tampered with but seeing exchanges being hack with each passing day suggest otherwise. I hope exchanges will employ more stronger security infrastructures inorder to leave no loopholes for these scammers to prey on no more. This hack here and there is tainting this sector bad as new potential investors are always skeptical with their fear being exchange are not safe.

Rengga Jati

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According to the list, the hacking cases are increasing from 2011 to current years. We can see above, in 2019, there are 13 hacking cases. It has been more than doubled from the previous year (6 cases). It shows that the number of cases is increasing rapidly lately. This is a warning for all exchanges to improve their security.

The number of cases in each year based on the list:
1. 2011 = 2 cases
2. 2012 = 2 cases
3. 2013 = 2 cases
4. 2014 = 5 cases
5. 2015 = 4 cases
6. 2016 = 3 cases
7. 2017 = 3 cases
8. 2018 = 6 cases
9. 2019 = 13 cases
10. 2020 = 1 cases (the temporary number of cases so far)

*One of the factors why the number of hacking cases can increase significantly in 2019, is about the number of exchanges. The security level on each exchange should be different, so it is potentially to attack by hackers.

Quote from: CryptoYar on April 04, 2020, 08:14:37 PM

10. 2020 = 1*

Thanks, bro. It's updated already. Wink

Twinkledoe

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Quote from: Chuky92 on April 04, 2020, 03:00:08 PM

This is really a long list and I just got wind of exchanges which I never knew were hacked, thanks for this information. From the list I saw top exchanges thus showing that even they (that is top exchanges) are not free or safe from hacks neither is users assets secured; this yet goes to prove that no matter the exchange, funds should never be stored on them. Since we are responsible for our decisions which also reflects on our assets that is to say we ought to take caution by storing the assets on personal wallets.

This only shows that all crypto exchanges are vulnerable to hacking whether they have security protocol or not. Hacking softwares are getting sophisticated and those hackers will always find a way how to penetrate their system. They will try again and again until they got in, after all, that's their job. So they will not stop until they got what they needed. So crypto users should understand that no matter what type of exchange he is using to store his coins, top, middle or small, famous or never heard of, all of them have the same vulnerability.

gundala

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Quote from: CryptoYar on April 04, 2020, 05:22:20 AM

Some people hold their crypto assets on exchanges, it is very dangerous, previously many exchanges have been hacked.
I advise You should keep your crypto assets in your personal wallet because the exchange is not safe.

The case of hacking exchange is indeed one of the risks in Crypto World. In that list we see some of the biggest well-known exchanges. See? nothing is really safe, so provide the best possible protection, use all authentication. This hacking case also affects price movements, following data on the exchange hacking case in 2019 and its impact on the market.

This article also useful, this is my reason for using trusted exchanges, because they will surely be responsible for cases that harm the user, such as hacking. They are trying to return user funds.

disconnectme

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Activity: 1876

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Good list, but we should all know this that anything that is hackable would be hacked, people need to understand this, I have seen people losing their stored BTC on their laptop because their system was hacked. So apart from not using exchange for your wallet, always look for the best solution out there to store your Bitcoin

Chuky92

copper member

Activity: 966

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This is really a long list and I just got wind of exchanges which I never knew were hacked, thanks for this information. From the list I saw top exchanges thus showing that even they (that is top exchanges) are not free or safe from hacks neither is users assets secured; this yet goes to prove that no matter the exchange, funds should never be stored on them. Since we are responsible for our decisions which also reflects on our assets that is to say we ought to take caution by storing the assets on personal wallets.

Topic: List of cryptocurrency exchange hacks - page 6. (Read 1342 times)