That said, here are the three most high-profile hacks and cryptocurrency exchange thefts, in no particular order. On the contrary, it goes further to closely examine which of the events left a lasting mark on the crypto space to date. ![]() Side note: This article doesn’t simply rank the hacks based on how much the criminals made off with in total. We’ll examine in detail how each heist happened, what action(s) the affected parties took, and the aftermath of the heist. In this article, we’ll take a closer look at some of the most high-profile hacks and exchange thefts in the history of cryptocurrency. For instance, blockchain analytics company CipherTrace earlier reported criminals stole a whopping $1.36 billion in cryptocurrency from January to May 2020 alone. Hackers, scammers, … and just about every bad guy in crypto have all become savvier and annoyingly persistent in their dealings. Perhaps notably, however, we’ve seen firsthand how the criminal underbelly of the crypto space has advanced faster than expected. More accurately, it was a year filled with memorable - and equally, infamous - events like the DeFi ‘boom’, Bitcoin’s record-smashing bull run, several flash loan attacks on DeFi protocols, PayPal’s dalliance with crypto, and many more. It’s safe to say the coronavirus outbreak was the major highlight of the year, with millions of lives and livelihoods affected globally.Īlthough the year itself threw the larger human collective in the throes of a global health crisis and a resulting economic crisis, it was an excellent year for the crypto space. ![]() 2020 is finally drawing to a close, and the whole of humanity is now drawing the curtains on what has been an eventful year.
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