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Topic: More than USD 1.5 bln has been stolen from exchanges. Here’s a recap - page 3. (Read 564 times)

hero member
Activity: 1120
Merit: 554
Sounds like a lot but how much money are banks and wall street stealing from the common people? Banks are making billions off overdraft fees alone.  Throw in a good amount of insider trading and fraud from Wall STreet and crypto thefts pale in comparison.  P.S. I think most of these crypto hacks are inside jobs and not really from hackers.
newbie
Activity: 18
Merit: 0
More than 1.5 billion has been stolen from exchanges, PLAAK has a solution to store your crypto assets on the PLAAK Hardwallet Card. Keep your digital assets safe and be your own bank.

https://www.instagram.com/p/BsvaRFhnwnv/?utm_source=ig_twitter_share&igshid=l5rwytv5b65u

Personally i feel exchanges need to be regulated with KYC and AML compliance. I hope they find these criminals to get back the stolen funds.


https://www.plaak.com/
full member
Activity: 742
Merit: 144
Blockchain is all good, but some exchanges are really not good in terms of security, and a lot of professional hacker are in this market so I think there will be more like this if there is no strong regulation. We should learn from now on, look at this timeline and you will see that even a big exchange is not that safe, so better to be more secured and don’t put too much money on exchanges.
jr. member
Activity: 252
Merit: 4
DEX can solve this problem?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
I don't think that cryptocurrency and blockchain is to blame for these hacks, as surely it is the platforms that have the problem in the first place, as they are the ones being breached and not blockchain or cryptocurrencies' code. More hacks would arise in the future if exchanges and platforms don't keep their systems in check and secure. Also, the notion that cryptocurrencies per se are not secure due to hacks is plainly wrong. Exchanges and services have their own code for their platforms which is obviously different from blockchain and cryptocurrencies.
member
Activity: 445
Merit: 71

Originally published on https://shitcoinoffering.com/more-than-usd-1-5-bln-has-been-stolen-from-exchanges/

The history of hacker attacks in one picture

 
June 2011 Mt. Gox  (8 750 000)

September 2012 Bitfloor (250 000)

February 2014 Mt.Gox (487 400 000)

July 2014  Poloniex (60 000)

January 2015 Bitstamp (5 000 000)

August 2016 Bitfinex (72 000 000)

July 2017 Bithumb (31 800)

December 2017 NiceHash (60 000 000)

December 2017 Yobit (15 200 000)

January 2018 Coincheck (500 000 000)

February 2018 BitGrail (170 000 000)

June 2018 Bithumb (31 000 000)

June 2018 Coinrail (37 000 000)

July 2018 Bancor (23 000 000)

September 2018 Zaif (60 000 000)

January 2019 Cryptopia ? (the company declared that the losses were “significant”)

 

Total: more than 1 469 660 000 dollars

Investing in a scam – a shitton of money. Subscribing to Shitcoinoffering – priceless.

Note. All numbers are in dollars at the rate of cryptocurrency for the day of the hacker attack.

In Blockchain we trust!
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