Top 10 Biggest Cryptocurrency Hacks in History

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7 Feb 2024
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1. Mt. Gox: The Mt. Gox hack in 2014 remains one of the largest cryptocurrency thefts, with around 850,000 bitcoins stolen, worth approximately $473 million at the time.

2. Coincheck: In 2018, Japanese exchange Coincheck was hacked, resulting in the theft of approximately $530 million worth of NEM coins, making it one of the biggest cryptocurrency hacks in history.

3. Bitfinex: In 2016, Bitfinex, one of the largest cryptocurrency exchanges, lost around 120,000 bitcoins, valued at roughly $72 million at the time, due to a security breach.

4. DAO Hack: In 2016, a vulnerability in the Decentralized Autonomous Organization (DAO) smart contract code led to the theft of approximately $50 million worth of ether, resulting in a contentious hard fork to reverse the transactions.

5. Binance: In 2019, Binance, one of the world's largest cryptocurrency exchanges, suffered a hack resulting in the theft of 7,000 bitcoins, worth around $40 million at the time.

6. Parity Wallet: In 2017, a vulnerability in Parity's multi-signature wallet code led to the loss of over $30 million worth of ether, impacting several cryptocurrency projects relying on Parity's technology.

7. Bitthumb: South Korean exchange Bitthumb experienced multiple security breaches, including one in 2018 where hackers stole over $30 million worth of cryptocurrencies.

8. NiceHash: In 2017, NiceHash, a cryptocurrency mining marketplace, was hacked, resulting in the loss of approximately $65 million worth of bitcoin from its users' wallets.

9. Coinrail: Also in 2018, South Korean exchange Coinrail was hacked, resulting in the theft of over $40 million worth of various cryptocurrencies.

10. Poly Network: In 2021, the decentralized finance (DeFi) platform Poly Network was hacked, resulting in the theft of over $600 million worth of various cryptocurrencies. However, the majority of the stolen funds were returned following negotiations with the hacker.

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