From Mt.Gox to Binance, 13 years have passed. The crypto industry has changed countless times, but exchange hacks have never been absent.
2014, Mt.Gox: $470 million
2015, Bitstamp: $5.1 million
2016, Bitfinex: $72 million
2017, NiceHash: $64 million
2018, Coincheck: $534 million
2018, BitGrail: $170 million
2019, Binance: $40 million
2020, KuCoin: $281 million
2021, BitMart: $196 million
2022, FTX: $415 million
2023, Poloniex: $126 million
2023, CoinEx: $54 million
2024, DMM Bitcoin: $305 million
2024, WazirX: $235 million
2025, Phemex: $73–85 million
2025, Bybit: $1.46 billion
2025, Upbit: $30–38.5 million
2025, BtcTurk: $48 million
2026, Coldcard: $116 million
2026, Bitget: $352 million
2026, Binance: suspected to be in the multi-billion-dollar range
From Mt.Gox to Bybit, and now Binance.
With every bull and bear cycle, new people enter the market. Every so often, someone pays real money to teach exchanges a lesson about their security systems.
Who will be next?
The most dependable thing in crypto may not be BTC's four-year cycle, but news of exchange hacks. 😂
2014, Mt.Gox: $470 million
2015, Bitstamp: $5.1 million
2016, Bitfinex: $72 million
2017, NiceHash: $64 million
2018, Coincheck: $534 million
2018, BitGrail: $170 million
2019, Binance: $40 million
2020, KuCoin: $281 million
2021, BitMart: $196 million
2022, FTX: $415 million
2023, Poloniex: $126 million
2023, CoinEx: $54 million
2024, DMM Bitcoin: $305 million
2024, WazirX: $235 million
2025, Phemex: $73–85 million
2025, Bybit: $1.46 billion
2025, Upbit: $30–38.5 million
2025, BtcTurk: $48 million
2026, Coldcard: $116 million
2026, Bitget: $352 million
2026, Binance: suspected to be in the multi-billion-dollar range
From Mt.Gox to Bybit, and now Binance.
With every bull and bear cycle, new people enter the market. Every so often, someone pays real money to teach exchanges a lesson about their security systems.
Who will be next?
The most dependable thing in crypto may not be BTC's four-year cycle, but news of exchange hacks. 😂