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    Home » Hackers Stole $1B From Cryptocurrency Exchanges In 2018
    Cryptocurrency

    Hackers Stole $1B From Cryptocurrency Exchanges In 2018

    Althea KlingBy Althea KlingJanuary 2, 2019Updated:April 12, 2025No Comments1 Min Read
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    According to the Cryptocurrency Anti-Money Laundering Report from Ciphertrace some $927 million had been stolen from cryptocurrency exchanges in the first three quarters of 2018 alone. That total will almost certainly have hit, if not smashed straight through, the $1 billion mark by now. So, who were the hackers behind the heists and how did they get away with it?

    The how remains sadly predictable throughout the year, truth be told; exploiting vulnerabilities in crypto wallet software and servers, social engineering/password compromises and insider theft, who covers the equally predictable territory with lone wolf criminal opportunists at the lower end of scale through to well-resourced nation-state actors at the other.

    To read the original content written by Davey Winder – Click here!
    Althea Kling
    Althea Kling
    Cryptocurrency Exchanges
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