17 biggest crypto heists of all time

17 biggest crypto heists of all time

The biggest crypto heists to date are MT Gox, Linode, BitFloor, Bitfinex, Bitgrail, Coincheck, KuCoin, PancakeBunny, Poly Network, Cream Finance, BadgerDAO, Bitmart, Wormhole, Ronin network, Beanstalk, Harmony Bridge, and FTX.

MT Gox

Mt. Gox remains the greatest cryptocurrency robbery in history, with over 850k Bitcoin stolen between 2011 and 2014. Mt. Gox claimed that a fault that caused the loss is due to an underlying bug in Bitcoin, known as transaction malleability. Transaction malleability is the process of altering a transaction’s unique identifier by altering the digital signature that was used to produce it.

In September 2011, it was discovered that MtGox’s private keys were compromised, and the firm did not use any auditing techniques to discover the breach. Furthermore, because MtGox re-used Bitcoin addresses

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