🔐 The biggest hacks of crypto platforms and wallets
Since the early days of Bitcoin, platforms and digital wallets have been constant targets for hackers, with some breaches marking painful chapters in the industry’s history
• Mt. Gox (2014): The platform collapsed after losing around 850,000 Bitcoin, worth approximately $450 million to $473 million at the time
• Bitfinex (2016): Approximately 119,756 Bitcoin were stolen, worth between $65 million and $72 million in total
• Coincheck (2018): 523 million NEM tokens were stolen, worth approximately $530 million to $534 million in total
• KuCoin (2020): Private keys were leaked, and assets worth between $275 million and $281 million were stolen (later estimated at around $204 million after some of the assets were recovered)
• Poly Network (2021): More than $610 million was stolen, but the attacker later returned nearly all of it
• Ronin (2022): A hack linked to North Korea, worth approximately $620 million in total (173,600 Ether + $25.5 million in stablecoins)
• Bybit (2025): A cold-wallet signing process was targeted, resulting in losses of $1.4 billion to $1.5 billion
• Binance (October 2026): The EIP-7702 vulnerability was exploited to transfer assets from hot wallets, with estimated losses of around $6.01 billion (including approximately $1.62 billion in USDT); around $2.8 billion was later frozen
Since the early days of Bitcoin, platforms and digital wallets have been constant targets for hackers, with some breaches marking painful chapters in the industry’s history
• Mt. Gox (2014): The platform collapsed after losing around 850,000 Bitcoin, worth approximately $450 million to $473 million at the time
• Bitfinex (2016): Approximately 119,756 Bitcoin were stolen, worth between $65 million and $72 million in total
• Coincheck (2018): 523 million NEM tokens were stolen, worth approximately $530 million to $534 million in total
• KuCoin (2020): Private keys were leaked, and assets worth between $275 million and $281 million were stolen (later estimated at around $204 million after some of the assets were recovered)
• Poly Network (2021): More than $610 million was stolen, but the attacker later returned nearly all of it
• Ronin (2022): A hack linked to North Korea, worth approximately $620 million in total (173,600 Ether + $25.5 million in stablecoins)
• Bybit (2025): A cold-wallet signing process was targeted, resulting in losses of $1.4 billion to $1.5 billion
• Binance (October 2026): The EIP-7702 vulnerability was exploited to transfer assets from hot wallets, with estimated losses of around $6.01 billion (including approximately $1.62 billion in USDT); around $2.8 billion was later frozen
