Post
Topic
Board Altcoin Discussion
Re: This is how much money has been lost because of hacking
by
Spaffin
on 13/10/2018, 14:40:49 UTC
The numbers are quite alarming. According to this Forbes article, while the number fluctuates based on the market price and the published amount at the author’s time of writing, these are the quoted amounts that have been lost due to hacks as well as human error.

DAO - $53 million
Bitfinex - $72 million
Parity - $30 million + $275 million
Mt. Gox $460 million
Coincheck $530 million

That’s over $1 billion that has been lost! Obviously, cryptocurrency is giving us specific challenges around protecting our assets. At the same time, this gives us the opportunity to push the limits of this technology in order to elevate our lives, right? What are your thoughts about this news?

https://www.forbes.com/sites/forbesagencycouncil/2018/09/27/cryptocurrency-how-to-avoid-getting-hacked/#184495a14692

These figures apply only to hacking exchangers. And how many cryptocurrencies stolen by hackers from users' wallets. This figure is probably no less. Just these people are not particularly outraged. There is nobody to complain about. Moreover, they will be told that these were their miscalculations, it was necessary to think about the safety of their blowjob. But many do not know or do not know how to do it. It happens that circumstances are this way, that it is impossible to do this. The abduction of cryptocurrencies from wallets is one of the biggest problems. No matter how the technology is improved, hackers will find ways to hack it. Because of these hacks, it will not be safe for ordinary citizens to use cryptocurrency. This is one of the reasons why a cryptocurrency will not have too wide application in practice.