More than USD 1.5 bln has been stolen from exchanges. Here’s a recap

[ppblockchain]

June 2011 Mt. Gox  (8 750 000)

September 2012 Bitfloor (250 000)

February 2014 Mt.Gox (487 400 000)

July 2014  Poloniex (60 000)

January 2015 Bitstamp (5 000 000)

August 2016 Bitfinex (72 000 000)

July 2017 Bithumb (31 800)

December 2017 NiceHash (60 000 000)

December 2017 Yobit (15 200 000)

January 2018 Coincheck (500 000 000)

February 2018 BitGrail (170 000 000)

June 2018 Bithumb (31 000 000)

June 2018 Coinrail (37 000 000)

July 2018 Bancor (23 000 000)

September 2018 Zaif (60 000 000)

January 2019 Cryptopia ? (the company declared that the losses were “significant”)

Total: more than 1 469 660 000 dollars

https://paperblockchain.com/more-than-usd-1-5-bln-has-been-stolen-from-exchanges-heres-a-recap/

source: shitcoinoffering

[1Referee]

Most exchanges in this list are shit and you expect them to either get hacked, or have the operators take a run with people's coins. Where is Hitbtc? Has this garbage exchange never been hacked? Can't imagine they have not been hacked at one point. They probably just keep their mouth shut. Smart.

It seems that Coinbase and Kraken are the only reputable exchanges with a clean sheet, but that's only if you discard the successful 51% attacks where coins were stolen as result. In that case you can add Bittrex to the list as well after the attack on BTG.

[HODL2090]

This is a hackneyed analysis and has been discussed extensively on the forum.
The responsibility and security of your assets rests on the holder, and if not involved in trades withdraw your asset and keep in a wallet which you alone have access to.
Only use trusted exchanges, with a good track record.

[perla]

This is a hackneyed analysis and has been discussed extensively on the forum.
The responsibility and security of your assets rests on the holder, and if not involved in trades withdraw your asset and keep in a wallet which you alone have access to.
Only use trusted exchanges, with a good track record.

Like what people said, when we save money in exchanger we must take all risk that come with it. Even trusted exchanges actually still have risk behind it too. Hackers will find 1000 ways to make advantage to them even with make other people loss their money.

[Reid]

It lacks something or a lot. 

You have just input the exchanges which have scammed large amount that went viral.
How about those individuals who are having problems now in exchanges and still not being answered by customer support?
Yobit, Hitbtc and I do think even Binance have one of those.
All of them might have that kind of act with small traders or investors.
They are now forgotten.

[audaciousbeing]

Like I have always maintained, its something that is really disheartening that an emerging market is being plagued with situations such as this and it seems there is no end in sight. This problem won't stop until certain things are put in place. People who are proprietors of the sites are made to pay for their negligence whether voluntarily or involuntarily while the perpetrators should also be made to face the full extent of the law. Until when that happen, this list would continue to grow regularly and steadily.

[herurist]

June 2011 Mt. Gox  (8 750 000)

September 2012 Bitfloor (250 000)

February 2014 Mt.Gox (487 400 000)

July 2014  Poloniex (60 000)

January 2015 Bitstamp (5 000 000)

August 2016 Bitfinex (72 000 000)

July 2017 Bithumb (31 800)

December 2017 NiceHash (60 000 000)

December 2017 Yobit (15 200 000)

January 2018 Coincheck (500 000 000)

February 2018 BitGrail (170 000 000)

June 2018 Bithumb (31 000 000)

June 2018 Coinrail (37 000 000)

July 2018 Bancor (23 000 000)

September 2018 Zaif (60 000 000)

January 2019 Cryptopia ? (the company declared that the losses were “significant”)

Total: more than 1 469 660 000 dollars

https://paperblockchain.com/more-than-usd-1-5-bln-has-been-stolen-from-exchanges-heres-a-recap/

source: shitcoinoffering

Not good news for us but that's reality and the main reason why we can't save our asset at exchanges, wallet still the safe place ( for me ). This is good experience for us, let's make true changed how to protect our asset in easy way. I believe people already know about protection but some of them avoid because they believe exchanges will protect it in full version, see it right now bro.

[Herbert2020]

to be fair a big part of these so called "hacks" weren't actually "hacks" when the funds are stolen by an unknown hacker. in fact many of them were inside jobs or the exchange itself faking a hack to steal its users' money. it is a cheeky way of making a big sum of money without having to pay the customers back because the exchanges are not regulated and they don't abide by any kind of law.
other cases such as Yobit for instance are just a joke since the exchange itself is a shitty one to begin with, it has no security so hacks should technically happen on a weekly basis, the fact that they are not common can be because they don't have that much capital to be stolen since people don't really use that platform.

[davis196]

If centralized cryptocurrency exchanges continue to exist,all those hack and scams will continue to steal money from the people.The only solution is decentralized crypto platforms.By the way,1.5 billion USD isn't such a bich number in a 200 billion USD crypto market.It's less than 1%...

[adaseb]

to be fair a big part of these so called "hacks" weren't actually "hacks" when the funds are stolen by an unknown hacker. in fact many of them were inside jobs or the exchange itself faking a hack to steal its users' money. it is a cheeky way of making a big sum of money without having to pay the customers back because the exchanges are not regulated and they don't abide by any kind of law.
other cases such as Yobit for instance are just a joke since the exchange itself is a shitty one to begin with, it has no security so hacks should technically happen on a weekly basis, the fact that they are not common can be because they don't have that much capital to be stolen since people don't really use that platform.

I don't think most of them are inside jobs.

The MtGox mess wasn't an inside job they were just hacked or had a bug exploited like that transaction malleability and instead of posting a security update, they kept quiet. Eventually what happened was they got away with it because I guess they got enough revenue from fees and BTC was cheaper so they just bought up those lost/stolen BTC and were fine. However they got hacked again and kept quiet and finally lead to insolvency.

The Bitfinex hack wasn't an inside job either, it was just poor security on their part. I think the FUD was started by that Twitter guy who sold BTC at like $1200 and most people believed his stories, however nobody knows the absolute truth.

The Crytopia seems like a big mess because we hardly are getting any updates from them as to what exactly happened. On their website they haven't posted an update since Jan 14th and haven't sent out any emails when they are expecting to be back up. Very bad communication on their part.

[MURONDI]

June 2011 Mt. Gox  (8 750 000)

September 2012 Bitfloor (250 000)

February 2014 Mt.Gox (487 400 000)

July 2014  Poloniex (60 000)

January 2015 Bitstamp (5 000 000)

August 2016 Bitfinex (72 000 000)

July 2017 Bithumb (31 800)

December 2017 NiceHash (60 000 000)

December 2017 Yobit (15 200 000)

January 2018 Coincheck (500 000 000)

February 2018 BitGrail (170 000 000)

June 2018 Bithumb (31 000 000)

June 2018 Coinrail (37 000 000)

July 2018 Bancor (23 000 000)

September 2018 Zaif (60 000 000)

January 2019 Cryptopia ? (the company declared that the losses were “significant”)

Total: more than 1 469 660 000 dollars

https://paperblockchain.com/more-than-usd-1-5-bln-has-been-stolen-from-exchanges-heres-a-recap/

source: shitcoinoffering

such events make people afraid and don't believe in exchange, maybe that's one of the reasons for the decline in the price of bitcoin, because security is not guaranteed so people attract bitcoin and are reluctant to reinvest.

[manggis97]

Decentralized exchange  can be one of the solution to reduce hacking on the exchanges, hopely more exchange company will development decentralized exchange. To minimize risk from hack,  we should never hold crypto on the exchanges  and only make deposit there if we trade it.

[The Cryptologist]

I hate those exchanges that still have the guts to operate after experiencing a massive loss from hacks. They should be done for good but their users are idiots who still stay and I don't know why. Please stop them from giving all your money and I don't want the other people see us in this market as a willing victim of hackers.

[Hiru941126]

Most exchanges in this list are shit and you expect them to either get hacked, or have the operators take a run with people's coins. Where is Hitbtc? Has this garbage exchange never been hacked? Can't imagine they have not been hacked at one point. They probably just keep their mouth shut. Smart.

It seems that Coinbase and Kraken are the only reputable exchanges with a clean sheet, but that's only if you discard the successful 51% attacks where coins were stolen as result. In that case you can add Bittrex to the list as well after the attack on BTG.

what are the platforms  i can trust other than mentioned ones