Youtor
Factor 2 Cryptocurrency exchange hacks
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=lyaPsB2KI1k
Mt. Gox (2014): Perhaps the most famous crypto exchange hack ever, when due toa series of hacking attacks and inadequate management, Mt. Gox, the largest Bitcoin exchange at the time, announced the loss of 850,000 BTC. While some of the funds were later recovered, the majority remained lost. Before the hack, Bitcoin was trading at levels above $1,000, but after the hack, the price dropped to levels around $600 and below. • Coincheck (2018): Japanese cryptocurrency exchange Coincheck was the target of an attack that resulted in the stealing of approximately 523 million NEM coins worth about $534 million. This hack is considered one of the largest losses from a hacking attack on cryptocurrency exchanges. • Bitfinex (2016): The Bitfinex crypto exchange hack stole over 120,000 BTC, which was valued at about $72 million at the time. after the Bitfinex hack, the price of Bitcoin fell by about 20 per cent. • Binance (2019): One of the world's largest crypto exchanges, Binance, suffered a hack that resulted in the theft of 7,000 BTC, which was worth about $40 million at the time. Binance has stated that it will cover all losses with its funds. Poly Network (2021): an attack on the Poly Network internet working protocol led to the largest theft in cryptocurrency history at the time - over $600 million was stolen from various blockchains. However, in this case, the hackers returned most of the funds afterward • #MtGoxHack • #CoincheckHack • #BitfinexHack • #BinanceHack • #PolyNetworkHack • #CryptoExchange • #CryptocurrencyHack • #BitcoinTheft • #CryptoSecurity • #BitcoinPriceDrop • #NEMTheft • #CryptoTheftRecovery • #BlockchainSecurity
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