RATE Group | The 5 biggest cryptocurrency heists in history
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The 5 biggest cryptocurrency heists in history

23 Aug The 5 biggest cryptocurrency heists in history

Posted at 21:30h in Cryptocurrency News by

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As the popularity of cryptocurrencies continues to soar, so does the number of hackers targeting exchanges. In 2017, crypto exchanges reported losing approximately $266 million as a result of security breaches and heists. However, the first half of 2018 alone has reported that triple this amount has been stolen from crypto exchanges already.

At the beginning of July 2018, blockchain security firm CipherTrace reported that $731 million has been stolen from crypto exchanges this year alone. Nate Whitehall of CryptoSlate says:

“With each passing crypto hack, there’s more at stake. These heists aren’t just becoming more common. They’re becoming significantly more valuable.” 

In this article, we’ll take a look at some of the most prolific crypto heists in history.

Koichiro Wada, president of Coincheck Inc., bows during a news conference in Tokyo, Japan, on Thursday, March 8, 2018. Photographer: Kiyoshi Ota/Bloomberg via Getty Images 

The Coincheck…

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