Post
Topic
Board Marketplace
Re: $1 Billion Dollar’s Worth of Cryptocurrency Stolen in 2018
by
Morpexmorpex
on 01/01/2019, 20:51:49 UTC
Cryptocurrency intelligence firm reported that CipherTrace’s Q3, 2018, cryptocurrency thefts had already reached $927 million.

Previously CipherTrace second-quarter report said, the company identified that there were more thefts during the first half of 2018 compared to the entire year of 2017 alone. Some $731 million worth of cryptocurrency was stolen from exchanges with some of the most notable hacks including that of Japanese exchange Coincheck at $530 million, and BitGrail that lost some $195 million dollars’ worth of tokens.

As of the Q3 report, the number now stands at $927 million lost in cyber attacks and CipherTrace predicts that this trend will continue. By the end of the year, they say, thefts will add up to well over $1 billion.
I do not think that the theft of cryptocurrency will stop at all...scammers and hackers are just waiting for where you can steal cryptocurrency from bona fide investors or players in the market)I would very much like that there was no theft and everything worked honestly.