Cryptocurrency markets are juicy targets for hackers: Timeline
More than US$1 billion in thefts – most of which are unsolved – is becoming a growing concern for would-be participants in the cryptocurrency sector
Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won (US$32 million) worth of coins stolen.
The South Korean exchange became the nation’s second venue in as many weeks to report a theft, triggering renewed fears about the safety of markets that trade and hold crypto assets.
Boosters still present a bullish picture about the future of digital assets. But the more than US$1 billion in thefts – most of which are unsolved – is becoming a growing concern for would-be participants.
Here’s a look at some of the biggest thefts since 2012.
June
