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Which crypto exchanges have been hacked recently?

avatarAki PatelDec 27, 2021 · 3 years ago3 answers

Can you provide a list of crypto exchanges that have experienced recent hacking incidents?

Which crypto exchanges have been hacked recently?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here are some crypto exchanges that have been hacked recently: 1. Binance: In May 2019, Binance experienced a security breach where hackers stole 7,000 BTC (worth around $40 million at the time). 2. Coincheck: In January 2018, Coincheck was hacked and lost approximately $530 million worth of NEM tokens. 3. Bitfinex: In August 2016, Bitfinex suffered a major security breach and lost 120,000 BTC (worth around $72 million at the time). 4. Mt. Gox: Although it happened a few years ago, the Mt. Gox hack in 2014 was one of the largest crypto exchange hacks in history, resulting in the loss of approximately 850,000 BTC (worth around $450 million at the time). Please note that these incidents are not recent, but they are significant examples of crypto exchange hacks.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, hacking incidents are not uncommon in the crypto industry. It's crucial for users to be cautious and take necessary precautions to protect their funds. Always use strong passwords, enable two-factor authentication, and consider storing your cryptocurrencies in cold wallets for added security.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the crypto industry, I can assure you that BYDFi takes cybersecurity very seriously. We have implemented robust security measures to protect our users' funds and personal information. Our platform undergoes regular security audits and we work closely with cybersecurity professionals to ensure the highest level of protection.