@SatoshiSeekerSam
Cryptopia Exchange, now in liquidation, was hacked again on Feb 20, 2021.
@SatoshiSeekerSam
Sorry to hear that. It’s an expensive lesson to learn, but at least you learned it and can view it as the cost of your crypto education.
Tennyson said:
@SatoshiSeekerSam
Sorry to hear that. It’s an expensive lesson to learn, but at least you learned it and can view it as the cost of your crypto education.
Yeah, not much I can do about it now, and that’s the best way to look at it!
@SatoshiSeekerSam
The downfall of Cryptopia was when I got my hardware wallet. Luckily, I only lost around $50 there.
Carson said:
@SatoshiSeekerSam
The downfall of Cryptopia was when I got my hardware wallet. Luckily, I only lost around $50 there.
Glad to hear it wasn’t too bad. The worst was knowing I shouldn’t have kept my funds there. I just never got around to fixing it.
@SatoshiSeekerSam
Ouch, that must hurt…
But remember, lesson learned.
@SatoshiSeekerSam
Safety also starts with our attitudes. Sometimes we forget that.
@SatoshiSeekerSam
At least you’re owning up to what happened and didn’t just blame the whole space. You’re already better than most folks in crypto.
@SatoshiSeekerSam
Ah, that sucks. That would keep me awake at night.
Including FTX in this list is a bit questionable.
Their $400m plus ‘hack’ early in the year seemed more like insider moves.
Willoughby said:
Including FTX in this list is a bit questionable.
Their $400m plus ‘hack’ early in the year seemed more like insider moves.
Willoughby said:
Including FTX in this list is a bit questionable.
Their $400m plus ‘hack’ early in the year seemed more like insider moves.
That’s what happens when centralized organizations are run by people who manage them.
Willoughby said:
Including FTX in this list is a bit questionable.
Their $400m plus ‘hack’ early in the year seemed more like insider moves.
At this point, it seems like no one believes they were hacked at all.
They probably did it to themselves.
@lanceonset2
When we refer to ‘they,’ we’re really just talking about one person.
Willoughby said:
@lanceonset2
When we refer to ‘they,’ we’re really just talking about one person.
We can’t be sure… he has quite the interesting background.
Willoughby said:
@lanceonset2
When we refer to ‘they,’ we’re really just talking about one person.
We can’t be sure… he has quite the interesting background.
His parents should also face consequences.
@Brook
Don’t forget about the grandparents too.
tldr; A report has looked into the billion-dollar hacks in crypto over the last 10 years. In 2023 alone, $1.89 billion was lost in 297 hacking incidents. The worst year for crypto exchanges was 2018, with $1.1 billion lost. From 2011 until now, crypto companies and exchanges lost $12.36 billion in 1207 hacks. The top 10 hacked exchanges include Coincheck, Mt Gox, and FTX. Major attacks include the Ronin Network, Poly Network, and Binance Smart Chain.
*This summary is auto-generated by a bot and is not meant to replace reading the original article. Always do your own research.
I wouldn’t say the money is ‘lost’; it just changed hands to someone smarter than the last holder.
Monty said:
I wouldn’t say the money is ‘lost’; it just changed hands to someone smarter than the last holder.
The person who lost their bitcoins in a boating accident gave them to Neptune.