[Updated] List of cryptocurrency exchange hacks

[CryptoYar]

~snip
@OP, I want to suggest that you reorganize the thread so that recent hacks come last not first. Like top to bottom. Not bottom to top.

I agree with you, but I think the latest one should be top on of list, If anyone else thinks that @nelson4lov is right, then I will definitely do this.

[CryptoYar]

The exchange hacks list has been updated.

Code:

Added in list:
DragonEx
OKEX
EtherDelta

[bitcoin31]

Every single year many exchnages was hack and that is not good because the traders funds is in danger and earning money is not easy and the hacker will get the money so fast that is not reañly good for them . This year I want that I cannot see any exchnages that being hack .

[Jocuserious]

Exchange is no better place where you can store your coins for longer because every year there is an exchange hack. However, if you want to store any coins for longer days then you need must choose of guaranteed wallet. Here in the crypto market have many wallets so you can choice a popular strong secority wallet.

[Divinespark]

The exchange hacks list has been updated.

Code:

Added in list:
DragonEx
OKEX
EtherDelta

Has Okex been attacked before? Why have I never heard of this news, have I missed it. Okex is a leading exchange in this market and I also often use it to buy some altcoins. If it is really hacked, I feel scared of the exchanges in this market

[Lasky366]

Exactly! Correct you said. Storing funds on exchange is never safe because anytime without any notice it can be hacked.Even some exchange retreat from their service. It's remainds me name of IDAX Last year was exits. So best oftion is holding your crypto is your own personal offline dcentralized wallet.

[CryptoYar]

~snip

Has Okex been attacked before? Why have I never heard of this news, have I missed it. Okex is a leading exchange in this market and I also often use it to buy some altcoins. If it is really hacked, I feel scared of the exchanges in this market

Yes bro, Here you can read the complete details:
https://www.google.com/amp/s/cointelegraph.com/news/chinese-bitcoin-exchange-okex-hacked-for-3-mln-police-not-interested/amp

[bakasabo]

According to the list, Bithumb Exchange has the weakest security, since the exchange was hacked 3 times and totally had lost the biggest amount (if we dont count Mt.Gox). Despite all this, the exchange still works... I wonder who has so much trust to Bithumb and why choose to trade there?

I believe the exchange is has got good insurance, else, such number of hacks is enough to make it run bankrupt and I guess those who lost fund initially have got a replacement.
However, you never can tell if there will be a serious hack, which will take the exchnage to a point of no return and that is why keeping one's fund on exchnage is not advisable.
When Binance was hacked, it was then I knew no exchange can escape it and the only precaution is to save most fund sin private wallet, most especially hardware wallet.

But if comparing Binance and Bithumb, Binance will never be at point of no return, as it has created SAFU fund and transfer part of Binance profit there. In case Binance got hacked again, they will replace every users loss.

In case you are interested or dont know what SAFU is, here is the link https://www.binance.vision/glossary/secure-asset-fund-for-users.

[Shallow]

And it goes on and on, Indeed i must say thank you and wish a lot of people will come across it therefore knowing that no matter how advanced, attractive or good an exchange is, it is still susceptible to hacking which is really disturbing. In essence, saving of funds on exchanges is a very very bad idea and this list of hacked exchanges just proved it right. Nevertheless, even at this, one thing stands out and that is, despite all these hacks, the crypto space is still moving forward which shows that it is solving a pressing human need, which is the advancement of cryptocurrencies.

[Mealea]

The level at which exchanges are been hacked shows that any exchange can be hacked irrespective of the level of the security. We all need to be careful the way we keep our assets on exchanges.

[lue wang]

I never had this kind of information. If all information is right than looks like every top exchange got the hacking test. After any protect you took always hack problem still exists, we only safe in blockchain. We're not safe any more if we send money to exchange where we have no control.

[Sultanar484]

Thanks for information. We know that exchange hack in the last 2 years has been a common matter but it has put huge negative pressure on crytomarkets. When exchange hack news comes, cryptomarket got dump but only binance exchange hack didn't put any impact on price.

[Sultanar484]

The exchange hacks list has been updated.

Code:

Added in list:
DragonEx
OKEX
EtherDelta

Has Okex been attacked before? Why have I never heard of this news, have I missed it. Okex is a leading exchange in this market and I also often use it to buy some altcoins. If it is really hacked, I feel scared of the exchanges in this market

OKEx was hacked in 2017 and hacked 200 Bitcoins within one hour from a German IP. We know 200 Bitcoin was around $4M of that time in value. In my experience, most of the exchanges has been hacked either once or twice. It is a regret that Exchange hack is now a common fact and investors trade now in risk.

[jahepahit]

indeed it is very dangerous if we save too much money that we save in exchange. because we cannot fully hold and control the assets we have. Moreover, the funds we save are exchanged above $ 10,000. This is of course very high risk to be hacked

[SistaFista]

Im sad that i still have some coins on cryptopia exchange when they has been hacked.
Fortunately i don't have much amount of coins there.
We should not saving coins too much on exchanges because the risk is always there, we don't own the wallet.

[Alexmagn84]

Indeed some info your topic, thanks for share some good point. we will never store our coins in the exchange wallet Because their is more risky with anytime can be hacked. Im using mobile wallet for holding my every coin.       

[asriloni]

The exchange hacks list has been updated.

Code:

Added in list:
DragonEx
OKEX
EtherDelta

Has Okex been attacked before? Why have I never heard of this news, have I missed it. Okex is a leading exchange in this market and I also often use it to buy some altcoins. If it is really hacked, I feel scared of the exchanges in this market

OKEx was hacked in 2017 and hacked 200 Bitcoins within one hour from a German IP. We know 200 Bitcoin was around $4M of that time in value. In my experience, most of the exchanges has been hacked either once or twice. It is a regret that Exchange hack is now a common fact and investors trade now in risk.

As far as I know etherdelta should be included on the list caused by it's a DNS hack. ED lost nothing caused by this hack but people were being fallen to the phishing that already created by scammer us ED DNS.
I remember when okex gets hacked and this exchange is doing good right now with its security

[tippytoes]

Im sad that i still have some coins on cryptopia exchange when they has been hacked.
Fortunately i don't have much amount of coins there.
We should not saving coins too much on exchanges because the risk is always there, we don't own the wallet.

The list is very nice to remind all crypto users not to store their coins in exchanges. Also, it shows that even top exchanges like BNB can't avoid hacking incidents from scammers.

And if all crypto exchanges will create their own SAFU (Secure Asset Fund for Users) account like what Binance have, at least in case something happens, like hacking, malware attacks or any of that kind, they are ready to compensate their clients and will not be bankrupt in the process.

https://www.binance.com/en/blog/307883269744750592/Binance-Is-SAFU-7-Ways-We-Secure-Your-Assets-247

[matchi2011]

Im sad that i still have some coins on cryptopia exchange when they has been hacked.
Fortunately i don't have much amount of coins there.
We should not saving coins too much on exchanges because the risk is always there, we don't own the wallet.

Very common to every traders not to store that much investment from any exchange. It's better to keep your money inside your own wallet and only store amount of assets that you need to use whenever you do your trading. The risk is too high as mentioned since every hackers are eyeing to any opportunities that will lead them to penetrate the exchange.

[amonymous]

In my opinion every intelegent traders and holders never store their coins in exchange wallet, be like they're always use hardware wallet for safety with long time. themselves own idea you need choice best wallet for save your crypto prepare your money strong secority.
I hope everyone knows that holding in exchange wallet lot of risky, so should be very familiar with this matter.