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Author Topic: [2016-5-1] Top 8 Bitcoin Heists  (Read 389 times)
themerkle (OP)
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May 01, 2016, 10:29:28 AM
 #1

Bitcoin is the internet of money, and just like the internet is a haven for hackers so is Bitcoin. Due to the pseudoanonymous nature of Bitcoin, hackers never give up on trying to hack exchanges and steal coins. This article presents the top 8 Bitcoin hesits in history based on dollar value.

MtGox – 400 Million

Read More: http://themerkle.com/top-8-bitcoin-heists/
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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May 01, 2016, 02:52:17 PM
 #2

Good list, I didn't even know about 1 or 2 heists prestend by that list (Bitpay for example). I liked the conclusion of that article:
it is easier to do initial scam and steal BTC than actually be able to get away with it and exchange BTC to FIAT money.


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richardsNY
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May 01, 2016, 06:25:17 PM
 #3

There is no mention about Bitcoin Savings And Trust which would make it to the top 8 in the article. MtGox is still and will most likely stay nr1 for another decade or two.
actmyname
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May 01, 2016, 11:51:08 PM
 #4

There is no mention about Bitcoin Savings And Trust which would make it to the top 8 in the article. MtGox is still and will most likely stay nr1 for another decade or two.
MtGox's infamous scam will live on in the history of bitcoin, and most likely is a huge factor in what causes the majority of the negative buzz about bitcoin, along with Silk Road. Sad.

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May 02, 2016, 12:22:03 PM
 #5

I just realized that a lot of things happened when I was in a vacuum of cryptocurrency world. I missed about Cryptsy, Bitstamp, and Bitpay. This is surprising me.
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