Currencies

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8/13/19

Cryptojacking

EventDateBitcoin Lost/StolenValue (USD)Notes
Sheep Marketplace TheftLate Nov 2013-$100 millionStolen bitcoins allegedly used to purchase illicit goods
Inputs.io HackOct 2013->$1 millionAustralian wallet service hacked twice
GBL Platform Shutdown26 Oct 2013-Up to $5 millionChinese bitcoin trading platform shutdown, users lost bitcoins
Silk Road 2 HackFeb 2014-$2.7 millionBitcoins taken from escrow accounts
Mt. Gox BankruptcyLate Feb 2014-$350 millionOne of the largest exchanges filed for bankruptcy after theft
Flexcoin ShutdownMar 2014-$650,000Bitcoin storage specialist shut down after theft
Poloniex LossMar 2014-$50,000Digital currency exchange reported loss
Bitstamp HackJan 2015-$5 millionUK-based exchange hacked, third busiest globally
BTER HackFeb 2015-Nearly $2 millionChinese exchange lost bitcoins to hackers
Bitfinex Hack2016~120,000 BTC$71 millionSecond-largest bitcoin heist, customers faced a 36.067% loss
Cryptocurrency Exchange LossesBy Dec 2017~980,000 BTC-Over 5% of all bitcoins in circulation lost
Binance Hack7 May 2019>7,000 BTC$40 millionHackers used various techniques including phishing and viruses
This table summarizes significant events of bitcoin theft, highlighting the vulnerabilities in the cryptocurrency infrastructure, ranging from individual wallet thefts to major exchange hacks. It underscores the ongoing challenges of security and the substantial financial impacts of these incidents.

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