RATE Group | Cryptocurrency News: What happened in 2019?
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Cryptocurrency News: What happened in 2019?

24 Dec Cryptocurrency News: What happened in 2019?

Posted at 10:56h in Cryptocurrency News by

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2019 was an eventful year in blockchain and cryptocurrency news space. Lots happened in these industries, from cryptocurrency exchange hacks to never before seen cryptocurrency-related financial products and events. Let’s take a look at a few memorable moments that took place in the blockchain and crypto space in 2019.

Exchanges are still getting hacked

Lots of great things happened in the cryptocurrency industry in 2019, so let’s get the negative events out of the way first.

Just two weeks into 2019, the first cryptocurrency exchange hack of the year took place when New Zealand based Cryptopia was hacked for over $16 million. 

This was just the tip of the iceberg when it came to exchanges experiencing security breaches. Thirteen major cryptocurrency exchange hacks took place in 2019 that resulted in the theft of $292,665,886 and 510,000 user logins. At least one cryptocurrency exchange hack happened…

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