An eye opening reminder about the number of #Crypto Exchange hacks (2011-2021).

A Thread ๐Ÿงต...
๐Ÿ”ถ Mt. Gox (2011-2014)
Assets Stolen - 850,000 #BTC
Losses Recovered: Trial ongoing
Type of Hack: Database breached
๐Ÿ”ถ Poloniex - 2014
Assets Stolen: 97 #BTC
Losses Recovered: 100%
Type of Hack: Bug Exploit
๐Ÿ”ถ Bitstamp - 2015
Assets Stolen: 18,866 #BTC
Losses Recovered: 0%
Type of Hack: Social Engineering
๐Ÿ”ถ Bitfinex - 2016
Assets Stolen - 119,756 #BTC
Losses Recovered: 100% (via BFX Tokens)
Type of Hack: Bug Exploit
๐Ÿ”ถ Coincheck - 2018
Assets Stolen: 523 million NEM
Losses Recovered: 100%
Type of Hack: Security Breach
๐Ÿ”ถ Zaif - 2018
Assets Stolen: 5,996 #BTC, #BCH, $MONA
Losses Recovered: 100%
Type of Hack: Security Breach
๐Ÿ”ถ Bancor - 2018
Assets stolen: $BNT, #ETH, $NPXS (approx $23.5 million)
Losses Recovered: 42.5% (all $BNT tokens)
Type of Hack: Security Exploit
๐Ÿ”ถ Cryptopia - 2019
Assets Stolen: #ETH, ERC-20 Tokens
Losses Recovered: 0%
Type of Hack: Security Exploit
๐Ÿ”ถ DragonEx - 2019
Assets Stolen: #BTC, #ETH, #LTC, #XRP, #EOS, #USDT
Losses Recovered: 100% (via Dragon Bond)
Type of Hack: Security Breach
๐Ÿ”ถ Bithumb - 2019
Assets Stolen: 4,732 #BTC
Losses Recovered: Pledged to reimburse
Type of Hack: Insider Security Breach
๐Ÿ”ถ Binance - 2019
Assets Stolen: 7,074 #BTC
Losses Recovered: 100% (via #SAFU)
Type of Hack: Security Breach
๐Ÿ”ถ BITPoint - 2019
Assets Stolen: #BTC, #LTC, #ETH, #XRP
Losses Recovered: Over $2.3 million
Type of Hack: Security Breach
๐Ÿ”ถ Upbit - 2019
Assets Stolen: 342,000 #ETH
Losses Recovered: Upbit stated to cover 100%
Type of Hack: Security Breach
๐Ÿ”ถ Altsbit - 2020
Assets Stolen: #BTC, #ETH, $ARRR, $VRSC, $KMD
Losses Recovered: 0%
Type of Hack: Security Breach
๐Ÿ”ถ ETERBASE - 2020
Assets Stolen: #BTC, #ETH, #XRP, #TRX, #XTZ, #ALGO, ERC-20 Tokens
Losses Recovered: Able to retrieve 'significant' part of stolen amount
Type of Hack: Security Breach
๐Ÿ”ถ KuCoin - 2020
Assets Stolen: #BTC, #ETH, ERC-20 Tokens
Losses Recovered: Expected to be fully covered by KuCoin
Type of Hack: Security Breach
๐Ÿ”ถ Bitmart - 2021
Assets Stolen: $150-200 million worth of crypto assets
Losses recovered: Ongoing investigation
Type of Hack: Security Breach
Do you think it's safe to keep funds in #Crypto exchanges?

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More from @bitinning

5 Dec
#Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the #Ethereum (ETH) and #BinanceSmartChain (BSC) blockchains.
The $200 million Bitmart hack was first revealed by Peckshield, a #blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain.
According to Peckshield, the hack was a straightforward case of transfer-out, swap, and wash:
Read 4 tweets
3 Dec
Who is Craig Wright? ๐Ÿค”

A thread ๐Ÿงต
Craig Wright is an Australian computer IT professional who says he is Satoshi Nakamoto, the pseudonymous inventor of #Bitcoin.
He also helped lead the fork between Bitcoin and Bitcoin Cash in 2017 by arguing that $BCH was closer to his intention for the network.

This caused another revolt that led to Bitcoin SV, a coin that prominent exchange such as Binance refuses to list over security concerns.
Read 10 tweets

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