Hacked Exchanges since 2011

[Hydax]

Thanks for sharing those information to us. Yes, we all heard that hackers had stolen over $40 million worth of bitcoin form Binance, one of the world's largest cryptocurrency exchanges. They also managed to get some user information such as two-factor autentication codes, which are required to log in to Binance account. We would like to see more details from exchanges so users can learn how to keep account safe. I like the tips below the list. It's really helpful.

[VB1001]

South Korean Crypto Exchange Prixbit Closes Down Citing Financial Difficulties

Business Korea reports that the customers are concerned about their deposits given that the exchange was closed due to financial problems.

Business Korea also gave reasons why many korean based exchanges are in danger of closing down saying that only four exchanges have been able to directly connect with local banks allowing for fiat transactions while the rest have been restricted from the financial system. They also cite low trading volume as a major concern.

As per the Business Korea report about 200 Korean exchanges risk being closed down which is about 97 percent of the sector.

https://bitcoinexchangeguide.com/south-korean-crypto-exchange-prixbit-closes-down-citing-financial-difficulties/

[VB1001]

< Exchanges Hacked 2019 >

Code:

Exchange  		Year        	Amount / Month  	 Amount / Coin 			Source			              	 
✔️ Cryptopia		2019 <	    16.000.000 $ January	        /			twitter.com/Cryptopia_NZ/status/1085084168852291586
✔️ Liqui Crypto		2019 <		Closed $ January	      Closed			cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity
✔️ QuadrigaCX		2019 <	   145.000.000 $ January	      Closed			cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues
✔️ Coinmama		2019 <		       $ February	450.000 / emails+passwords	www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst
✔️ DragonEx		2019 <		       $ March		 Waiting for more info.		www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked
✔️ Coinbene		2019 <		       $ March		 Waiting for more info.		blockonomi.com/coinbene-hacked-exchange-says-not/
✔️ Bithumb		2019 <	  Waiting info.$ March	      3.000.000 / EOS			cointelegraph.com/news/crypto-exchange-bithumb-reportedly-hacked
✔️ Binance		2019 <	    41.000.000 $ May		  7.000 / BTC			cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach
✔️ GateHub		2019 <	    10.000.000 $ June		    	/ XRP			cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack
✔️ Bitrue		2019 <	     5.000.000 $ June		    	/ 			cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano
✔️ Bitsane		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds
✔️ Bitcoins Norway	2019 <	     	       $ June		    	/ 			news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en
✔️ BitMarket		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss
✔️ Bitpoint		2019 <	    32.000.000 $ July		    	/ 			cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
✔️ Upbit         	2019 <      49.000.000 $ November       342.000 / ETH                   coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether							

South Korean crypto exchange Upbit has lost cryptocurrency worth $49 million, the exchange has confirmed.

Upbit’s CEO said in a blog post at 9:00 UTC on Wednesday that an abnormal transaction from its wallets had resulted in the outflow of 342,000 ether (ETH) earlier today.

https://www.coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether

https://upbit.com/service_center/notice?id=1085

We haven't finished the year and we have another exchange hacked.

[DeathProxy]

Cryptocurrency exchange hack has gradually become a thing of worry considering the whooping amount of about $1.4 billion has been lost to hack till date and about $171 million had been lost to hack just this year, this does not speak well of crypto and the security it profess. I would every exchange to host a bug bounty for hackers to see if they can detect any loopholes which fraudsters might exploit.  Doing this will keep the exchange security at alert at all times

[Oilacris]

We haven't finished the year and we have another exchange hacked.

You're right and this one is big next to QuadrigaCX issue.The price havent fall yet since funds being hacked isnt moving yet but for sure we would really be heading to that path.

[VB1001]

Code:

Exchange  		Year        	Amount / Month  	 Amount / Coin 			Founders			              	
✔️ Bitcoin7    		2011 <      	50.000 $ October	  5.000 / BTC		
✔️ Mt.Gox      		2011 <       8.750.000 $ June	  	  2.000 / BTC           Jed McCaleb / Mark Karpeles
✔️ Bitcoinica  		2012 <         228.000 $ March	 	 43.550 / BTC	
✔️ Bitcoinica  		2012 <          87.000 $ May	 	 18.540 / BTC
✔️ Bitcoinica  		2012 <         300.000 $ July	 	 40.000 / BTC
✔️ Bitfloor    		2012 <         250.000 $ September 	 24.000 / BTC   	    Roman Shtylman        
✔️ PicoStocks  		2013 <       3.000.000 $ November	  6.000 / BTC	
✔️ Vircurex		2013 <         160.000 $ May	  	  1.450 / BTC
✔️ BTER        		2014 <       1.065.000 $ August                 / NXT
✔️ BitPay      		2014 <       1.800.000 $ December         5.000 / BTC
✔️ Bitcurex    		2014 <               ? $ March                  /
✔️ Cryptsy     		2014 <       9.500.000 $ July	 	 11.325 / BTC
✔️ Cryptorush  		2014 <         570.000 $ March		        /
✔️ KipCoin     		2014 <         690.000 $ October                /
✔️ MintPal     		2014 <       1.300.000 $ October                /
✔️ Mt.Gox      		2014 <     460.000.000 $ February	650.000 / BTC		Jed McCaleb / Mark Karpeles
✔️ Poloniex    		2014 <          64.000 $ March	     	     97 / BTC		   Tristan D'Agosta
✔️ LocalBitcoins 	2015 <		     ? $ January	     17 / BTC
✔️ 796Exchange 		2015 <         230.000 $ January	  1.000 / BTC	
✔️ BTER        		2015 <       1.750.000 $ February	  7.170 / BTC
✔️ Bitcurex    		2016 <       1.500.000 $ October          2.300 / BTC
✔️ Bitstamp    		2015 <       5.200.000 $ January	 19.000 / BTC	 	    Merlak brothers
✔️ Bitfinex    		2016 <      77.000.000 $ August	        119.700 / BTC		    Rafael Nicole
✔️ Gatecoin    		2016 <       2.140.000 $ May	            250 / BTC
✔️ ShapeShift  		2016 <         230.000 $ April	            469 / BTC	
✔️ Bithumb     		2017 <      30.000.000 $ February		/ Crypto		Kim De Shi
✔️ YouBit      		2017 <       5.300.000 $ April                  /
✔️ YouBit      		2017 <             17% $ December               /
✔️ Bancor      		2018 <      23.000.000 $ July		        /			Guy Benarzi
✔️ Coincheck   		2018 <     500.000.000 $ January		/ NEM		Koichiro Wada, Yusuke Otsuka
✔️ BitGrail    		2018 <     187.000.000 $ February		/ Nano		    Francesco Firano
✔️ Zaif        		2018 <      60.000.000 $ September              /
✔️ Coinrail    		2018 <      40.000.000 $ June		        / Crypto		Lee Nuss
✔️ Cryptopia		2019 <	    16.000.000 $ January	        /			twitter.com/Cryptopia_NZ/status/1085084168852291586
✔️ Liqui Crypto		2019 <		Closed $ January	      Closed			cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity
✔️ QuadrigaCX		2019 <	   145.000.000 $ January	      Closed			cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues
✔️ Coinmama		2019 <		       $ February	450.000 / emails+passwords	www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst
✔️ DragonEx		2019 <		       $ March		 Waiting for more info.		www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked
✔️ Coinbene		2019 <		       $ March		 Waiting for more info.		blockonomi.com/coinbene-hacked-exchange-says-not/
✔️ Bithumb		2019 <	  Waiting info.$ March	      3.000.000 / EOS			cointelegraph.com/news/crypto-exchange-bithumb-reportedly-hacked
✔️ Binance		2019 <	    41.000.000 $ May		  7.000 / BTC			cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach
✔️ GateHub		2019 <	    10.000.000 $ June		    	/ XRP			cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack
✔️ Bitrue		2019 <	     5.000.000 $ June		    	/ 			cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano
✔️ Bitsane		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds
✔️ Bitcoins Norway	2019 <	     	       $ June		    	/ 			news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en
✔️ BitMarket		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss
✔️ Bitpoint		2019 <	    32.000.000 $ July		    	/ 			cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
✔️ Upbit         	2019 <      49.000.000 $ November       342.000 / ETH                   coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether							

https://twitter.com/lopp/status/1206639740428128256

This is a Jameson Lopp Twiit, yesterday, their numbers don't match exactly with mine, I guess because in my list there are only the best known, but in the twiit I found some interesting links that I want to share in the thread:

https://magoo.github.io/Blockchain-Graveyard/

https://coiniq.com/cryptocurrency-exchange-hacks/

https://cryptoxdirectory.com/hacked_2019

https://cryptosec.info/exchange-hacks/

Anyway I will review these links and add the information that may be missing in my list.

[VB1001]

Update in progress on the main page with new data and new presentation format.

https://bitcointalk.org/index.php?topic=5090869.0

[Deborahbanshee]

I am really shocked by the amout being stolen and thousands of traders and investors hurt by this havok.

[Xxmodded]

Cryptocurrency exchange hack has gradually become a thing of worry considering the whooping amount of about $1.4 billion has been lost to hack till date and about $171 million had been lost to hack just this year, this does not speak well of crypto and the security it profess. I would every exchange to host a bug bounty for hackers to see if they can detect any loopholes which fraudsters might exploit.  Doing this will keep the exchange security at alert at all times

Last year 2019 become bad and extremely with many exchange hacked with million dollar each exchange, many exchange never grow up and failed after hacked like cryptopia where many investor money never can get back. I hope with new year many exchange market upgrade their security system where most safety from hacker, investor will safety hold their assets in exchange market.

[logfiles]

https://talkimg.com/images/2023/07/19/namJj.png

Update in progress on the main page with new data and new presentation format.

https://bitcointalk.org/index.php?topic=5090869.0

Nice graphical presentation.
I wish information about the amount hacked in each exchange since 2011 was all available. It would be awesome to have a graph showing how much in BTC or USD has been hacked in different exchanges each year.

[VB1001]

I wish information about the amount hacked in each exchange since 2011 was all available. It would be awesome to have a graph showing how much in BTC or USD has been hacked in different exchanges each year.

Yes, that is the idea, but it is the most complicated, to find and contrast the data.
The final presentation per year should look like this for every year:

2011 > 7

Code:

 
Year Month Exchange		  	Amount/$		 Hacked	   Source:

2011  Jun. MTGOX		          30.000	    2.000 / BTC    en.wikipedia.org/wiki/Mt._Gox#Security_breach_and_invalid_addresses_(2011)
2011  Jun. Mass MyBitcoin		  60.000            4.000 / BTC    blog.goodaudience.com
2011  Jul. Ubitex			  15.575	    1.138 / BTC    en.bitcoin.it/wiki/List_of_Major_Bitcoin_Heists,_Thefts,_and_Losses
2011  Jul. Bitomat.pl 			 231.570 	   17.000 / BTC    coindesk.com/hacker-attack-polands-bitcoin-exchange
2011  Aug. MyBitcoin                   1.072.500	   78.735 / BTC	   arstechnica.com/tech-policy/2017/12/a-brief-history-of-bitcoin-hacks-and-frauds/
2011  Sep. Mooncoin			  22.300	    4.000 / BTC    @wayne_huang medium.com
2011  Oct. Bitcoin7		          50.000	    5.000 / BTC    coinsutra.com/biggest-bitcoin-hacks/

[tungaqhd]

It seems that the number of hacks increases when Bitcoin pump. Thanks to the thread, i know my favourite wallet blockchain was hacked 2 times, it makes me thinking about moving to a new wallet now.

[moviebuff777]

I lost coins when Cryptsy was hacked a few years ago. Actually, it may not have been hacked because many people believe that the owner stole the coins and moved to China. Either way, the coins are lost and will never be recovered.

[sisule]

I lost coins when Cryptsy was hacked a few years ago. Actually, it may not have been hacked because many people believe that the owner stole the coins and moved to China. Either way, the coins are lost and will never be recovered.

I never save and hold coin with not poplar exchange market because I worried when this market hacked make us loss our saving assets and I ever lost 0.1 btc when saving in liqui because some one hack my account, for safety exchange if you want hold long time better keep save with popular and bigger exchange market like Binance, Bitrrex, Huobi and Kucoin.

[Shasha80]

Thank you for sharing this valuable information, I am very surprised to see that quite a number of exchanges have fallen victim to hackers.
Seeing these data we become open-minded, it turns out very dangerous if we save all the funds we have on exchanges. Therefore this is
a lesson for all of us to save our funds in the hardware wallet. And I am also more surprised to see that every year the number of exchanges
hacked is increasing.

[pajak666]

Unfortunately the list of hacked exchanges is getting bigger, it's like they are easy prey for criminals. This is a huge problem for users and I beleive exchanges should invest more in security and put more efforts to protect the users. It's an additional investment for them but without that they will not survive.

This requires more of a good management than strong IT infrastructure unfortunately. It is usually humans that err and become the weakest links that result in hacks. There will never be a true aid for inside jobs as well and is probably a matter of time before a rogue employee takes a chair somewhere high in the ladder. For this to be secure we would need a truly regulated market where people would risk real jail-time for wrongdoings in this business.

[Karmakid]

Even though there is a lot of cases of hacked exchanges from the past to present, we are still thriving and the market just shakes it off. I hope in the next few years, the exchanges will have more security than before which they can easily defend themselves from a strong cyber attack. Exchanges are easy target for the hackers and exchanges should really take their security seriously if they want to build a solid reputation long term.

[bettercrypto]

< Exchanges Hacked 2019 >

Code:

Exchange  		Year        	Amount / Month  	 Amount / Coin 			Source			              	 
✔️ Cryptopia		2019 <	    16.000.000 $ January	        /			twitter.com/Cryptopia_NZ/status/1085084168852291586
✔️ Liqui Crypto		2019 <		Closed $ January	      Closed			cointelegraph.com/news/ukrainian-crypto-exchange-liqui-shuts-down-cites-lack-of-liquidity
✔️ QuadrigaCX		2019 <	   145.000.000 $ January	      Closed			cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues
✔️ Coinmama		2019 <		       $ February	450.000 / emails+passwords	www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worst
✔️ DragonEx		2019 <		       $ March		 Waiting for more info.		www.coindesk.com/singapore-based-crypto-exchange-dragonex-has-been-hacked
✔️ Coinbene		2019 <		       $ March		 Waiting for more info.		blockonomi.com/coinbene-hacked-exchange-says-not/
✔️ Bithumb		2019 <	  Waiting info.$ March	      3.000.000 / EOS			cointelegraph.com/news/crypto-exchange-bithumb-reportedly-hacked
✔️ Binance		2019 <	    41.000.000 $ May		  7.000 / BTC			cointelegraph.com/news/hackers-withdraw-7-000-bitcoins-in-binance-crypto-exchange-security-breach
✔️ GateHub		2019 <	    10.000.000 $ June		    	/ XRP			cointelegraph.com/news/report-nearly-10-million-in-xrp-stolen-in-gatehub-hack
✔️ Bitrue		2019 <	     5.000.000 $ June		    	/ 			cointelegraph.com/news/singaporean-exchange-bitrue-gets-hacked-losing-5-million-in-xrp-cardano
✔️ Bitsane		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/exit-scam-dublin-based-exchange-bitsane-vanishes-with-users-funds
✔️ Bitcoins Norway	2019 <	     	       $ June		    	/ 			news.trijo.co/news/norwegian-crypto-exchange-wants-to-force-users-to-sell-their-cryptocurrencies/?lang=en
✔️ BitMarket		2019 <	     	       $ June		    	/ 			cointelegraph.com/news/polish-crypto-exchange-bitmarket-shuts-down-citing-liquidity-loss
✔️ Bitpoint		2019 <	    32.000.000 $ July		    	/ 			cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
✔️ Upbit         	2019 <      49.000.000 $ November       342.000 / ETH                   coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether							

South Korean crypto exchange Upbit has lost cryptocurrency worth $49 million, the exchange has confirmed.

Upbit’s CEO said in a blog post at 9:00 UTC on Wednesday that an abnormal transaction from its wallets had resulted in the outflow of 342,000 ether (ETH) earlier today.

https://www.coindesk.com/crypto-exchange-upbit-confirms-theft-of-49m-in-ether

https://upbit.com/service_center/notice?id=1085

We haven't finished the year and we have another exchange hacked.

Surprisingly the number of exchange hacked on 2019. Seemed like it was worst year for these exchange since they've lost not just money but the trust of the people. I am not already trading with other platforms only those who are at the top exchanges since most secured exchange are on top. But we haven't secured our assets in exchange because anytime it will be hacked even they are the safeat exchange ever.

[old fart]

Going through this exchange hack list, quite really sad.
Let's avoid storing funds in exchanges, exchanges should solely be for trading, funds should be stored in non-custodian wallet. Fortunately some good wallets support Multi-assets and exchanges, few like exodus, trust, atomic.

[johnwest]

I want extend a thank you to OP from the crypto community on his work. We need to create more awareness on what has happened and how it happened and what we need to do to prevent it from happening in the future. Will be sharing this thread to my friends so that they will know the real values rather than just rumors.