Friday, May 28, 2021

The biggest hacking attacks on cryptocurrency exchanges in history. Part 1

The collapse of Polish exchange Bitmarket.pl is today the number one topic of many portals writing about cryptocurrencies and investing in general. About the case [...] https://www.pinterest.com/pin/1085437947660215829/

The collapse of the Polish exchange Bitmarket.pl is now topic number one on many portals writing about cryptocurrencies and investing in general. Even various mainstream media write about the case. Meanwhile, we remind you of other hacker attacks on exchanges on this market. We wrote about the important role of exchanges on the cryptocurrency market here. In a nutshell (however, we encourage you to read the mentioned article): they are still one of the most important elements of the digital currency market. Unfortunately not all owners of such entities are always up to the challenge and care enough about the safety of their clients' funds. As you will see, sometimes hacking attacks succeed just because the people in charge of the exchanges do not keep basic security rules. That is why it is so important not to hold cryptocurrencies on such platforms. Not every exchange is Binance, which could afford to return stolen digital coins to its customers. The biggest hacking attacks Below we present to you the biggest hacking attacks on exchanges from this market. Consider it a form of education and a warning to store your coins in the safest way possible. We also already encourage you to visit our site tomorrow. Then we will publish the second part of this text. Mt. Gox (2011) Mt. Gox was the first and for a long time the largest cryptocurrency exchange. However, in June 2011, the first hacking attack on the platform took place. BTC worth $8.75 million was stolen. To help the exchange involved such well-known market figures as Jesse Powell and Roger Vera, for example. The incident was significant enough that the value of Bitcoin dropped sharply. Also disturbing was this, [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...] [...]

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