Topic: List of cryptocurrency exchange hacks - page 7. (Read 1332 times)
Is so much risk to keep funds on exchange platform. But some exchange are storing majority of their funds on cold wallet that is not accessible by any external body. So if the exchange experience any hacking, it will be just few funds left on the exchange but the reserve will be kept safe.
~snip
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.
Throughout the small history in this market we have seen many hacks and when the shit show in MT Gox happened it was clear that storing your coins in exchanges is not the best idea as every year you hear about an exchange hack and till now over a billions dollars worth of coins are lost to hackers and then if you tally the amount of coins lost to scammers the amount will be staggering.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.
By seeing that statistics everything is possible and in order to take care of your investment it's really best to always have a personal wallet where you
can keep your assets with your own securities. Whatever happens it's you who are in charge to your assets securities.
Nice topick but some information need correction. For example - Cryptopia Jan 2019 1,675 ETH. But Cryptopia lost much more funds for sure, they didn't show clear statistic but this exchange is in liquidation process at the moment. We have different information but in general Cryptopia lost more than 25 million $ coz of that.
https://www.coindesk.com/hacked-exchange-cryptopia-discloses-estimate-of-stolen-crypto
https://www.coindesk.com/hacked-exchange-cryptopia-discloses-estimate-of-stolen-crypto
~snip
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.
Throughout the small history in this market we have seen many hacks and when the shit show in MT Gox happened it was clear that storing your coins in exchanges is not the best idea as every year you hear about an exchange hack and till now over a billions dollars worth of coins are lost to hackers and then if you tally the amount of coins lost to scammers the amount will be staggering. 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.
That is true, sentralized exchange aren't safe at all. We just rely on the developer of the exchange for all our asset. We just hope they do the best thing to keep their platforms are safe so as we can trust the platform fully. Or maybe if there is the bad thing come they developer of the platform can replace our loses like binance exchange did a year ago.
Actually, to choose a wallet for our crypto are depend on our intention. I mean, if you choose long term holding or long term investment then you are require as a media to hold your crypto and that is a good thing to do. But if you just choose for short term investment including you are daily trader then an exchange wallet is the solution for you, you can't use hardware wallet to do that.
Actually, to choose a wallet for our crypto are depend on our intention. I mean, if you choose long term holding or long term investment then you are require as a media to hold your crypto and that is a good thing to do. But if you just choose for short term investment including you are daily trader then an exchange wallet is the solution for you, you can't use hardware wallet to do that.
This list contains the names of almost all major exchanges. Which gives everyone a message. Never hold your any assets on any exchange. If you wish to trade, you will have to deposit and withdraw the coins in your wallet. Exchanges are safe until major incident occur. So it is best to hold in your wallet to avoid any major damage.
maybe this is true, but for now there are some exchangers who have improved their quality to ensure the security of assets stored on their platforms. This is to safeguard the security of their users' assets, such as yobit and binance that have grown and prove that they really deserve to be good exchangers. a few days ago I saved my assets in yobit exchangers and it was safe without any hacking. and now binance is proving that they are the best exchange by acquiring CMC. it might just be a dark period for some exchanges. and a little information that there is still a dangerous exchange if you store your assets there, namely probit. The security of this exchange is still in doubt because there are no reviews that say there is security.
I never heard about altsbit exchange but hey that's quite a lot of money hacked. So many exchanges were getting hacked we should really not make as a personal wallet in exchange because it can hack anytime if the hackers can access the security.
Exactly my friend. Hackers have stolen a lot of money, That is why I am telling people that do not trust the exchange, just trade and make a withdrawal
I never heard about altsbit exchange but hey that's quite a lot of money hacked. So many exchanges were getting hacked we should really not make as a personal wallet in exchange because it can hack anytime if the hackers can access the security.
Exchanges can never be a good place to store your coin. You may get stuck with hacking, rules and regulations of exchanges. It's better to use non custodial wallet or software wallet always.
This is a good list but as far as I can remember, someone else had made a list too. If I can find, I will share here.
The average large exchange will definitely be the target of hackers to break into his money and therefore it is very risky too if you keep assets too long on the exchange.This is a good list but as far as I can remember, someone else had made a list too. If I can find, I will share here.
But I have never felt that whether the assets that were hacked will be compensated by the exchange or will lose it all?
Software wallet or cold wallet which is safer in my opinion because it has a private key that I keep safely.
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.
Thanks for suggestion Buddy. Of course, I will keep updating it.
Damn, thanks for the information
You are welcome. I don't think we need another thread about hacked exchange listing
I think such things should be highlighted. Because we should learn from the past 
You should be more worried about theft from inside jobs at exchanges as opposed to external, actual, hacks. The biggest losses on your list were simply thieves as opposed to security issues
Exchanges can never be a good place to store your coin. You may get stuck with hacking, rules and regulations of exchanges. It's better to use non custodial wallet or software wallet always.
This is a good list but as far as I can remember, someone else had made a list too. If I can find, I will share here.
This is a good list but as far as I can remember, someone else had made a list too. If I can find, I will share here.
If you look at this list, you can see that exchanges were most frequently hacked in 2019, which was the most successful year for hackers. I am curious how much exhcange will be affected this year. But the only thing is clear, no matter how banal it sounds, the best wallet is your wallet, no trust for exchange
For the first time I hear about the bij Altsbyt.
It is amazing how much money was stolen, sending half of the total number of bitcoins and half of the volume of several altcoins.
It is noteworthy that the exchange has already returned 50% of the assets by the user.
It is amazing how much money was stolen, sending half of the total number of bitcoins and half of the volume of several altcoins.
It is noteworthy that the exchange has already returned 50% of the assets by the user.
Woooh, damn Mt. Gox with a whooping 850k bitcoins.
If that will be sold by now then I bet there will be a huge way that will come.
There are so many names. I just realized some of them are using like a phishing scheme.
Almost the same name as the known exchanges like Youbit. (or is it just spelled wrong? [Yobit])
If that will be sold by now then I bet there will be a huge way that will come.
There are so many names. I just realized some of them are using like a phishing scheme.
Almost the same name as the known exchanges like Youbit. (or is it just spelled wrong? [Yobit])
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.
Of course, exchanges are only for day-to-day trading or short-term trading, so if I have a large asset, I never keep it on the exchange because it's too risky in my opinion, and a cold wallet is a safe place for me to hold some valuable crypto.
Of course the exchange will have a difficult time and maybe for now they are more alert and stronger in their handling.
Of course the exchange will have a difficult time and maybe for now they are more alert and stronger in their handling.
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.
Binance is a very good exchange, no doubt here and I like it most. But to be honest, Binance is not secure enough. They had several hack attacks! That's why no one should store their coin on Binance for a long time! Kucoin, Bittrex is fetter exchange in privacy and security! Though I would discourage anyone from holding crypto assets on exchanges!
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.
Binance is a very good exchange, no doubt here and I like it most. But to be honest, Binance is not secure enough. They had several hack attacks! That's why no one should store their coin on Binance for a long time! Kucoin, Bittrex is fetter exchange in privacy and security! Though I would discourage anyone from holding crypto assets on exchanges!
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