Estimated reading time: 0 minutes, 28 seconds

A new report from Chainalysis claims cyber criminals ripped off $282,617,000 from cryptocurrency exchanges last year. So reports the Daily Hodl.

ethereum 3660218 1920The study cites eleven attacks featuring the theft of Bitcoin (BTC), XRP, Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). The largest of the attacks came as Coinbene saw $105,000,000 in Ethereum-based tokens lifted. To combat exchange thefts, some have advocated for “Proof of Keys” events where holders withdraw assets from exchanges and put them in personal digital wallets in order to protect against hackers targeting exchanges.

Read the full story from the Daily Hodl.

Last modified on Saturday, 25 January 2020
Read 476 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline