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Author Topic: Hacked Exchanges since 2011  (Read 28113 times)
Potato Chips
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November 29, 2025, 11:13:28 PM
Merited by JayJuanGee (1)
 #301

Glad to see this being updated again.  Cheesy

On January 2025, there was also the Phemex hack

The Phemex crypto exchange suffered a massive security breach on Thursday where threat actors stole over $85 million worth of cryptocurrency.

... "On January 23, 2025, at 11:30 UTC, we detected unusual activity in our hot wallet," reads the announcement on Phemex's website.

Then another one from BtcTurk on August 2025

Turkish cryptocurrency exchange BtcTurk has halted withdrawals amid reports suggesting that the platform has suffered a major loss of funds due to a hack.

Cybersecurity firm Cyvers took to X on Thursday to report that it had detected $48 million worth of digital assets, including Ether
ETH, involved in unusual activity.

“Our system detected multiple alerts across ETH, AVAX, ARB, BASE, OP, MANTLE and MATIC networks,” Cyvers reported, adding that the attacker had moved the assets to two addresses and begun swapping them.

BtcTurk subsequently halted deposits and withdrawals, citing a “technical issue” with hot wallets, reporting that trading and local currency withdrawals and deposits remained intact.

All I see is suspected but considering how things went down + on chain evidence. I'd say the general consensus is they were hacked, but up to you.

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November 30, 2025, 04:24:04 AM
Merited by JayJuanGee (1)
 #302

Glad to see this being updated again.  Cheesy

On January 2025, there was also the Phemex hack

Then another one from BtcTurk on August 2025
Exchanges can be hacked, but came back with compensations for their users but they can take hacks as scam exits or use it as a reason of service closure. Exchange hacks are always big reminders for people in this market about extremely dangerous practice by using exchange accounts as their custodial wallets and store their cryptocurrency funds there.

Reminder: do not keep your money in online accounts.

Historically there are many exchange deaths and if anyone are curious, let's take a look and have an exploration.
Cryptocurrency exchange graveyard (Rest in peace).

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