Biggest Hacks in History 🚨
Cryptocurrency adoption faces a major hurdle: hacking 🤥. Despite blockchain security, exchanges and platforms have lost billions 💸. Here are the largest crypto hacks:
1.Ronin Network ($625M): North Korean hackers breached Axie Infinity's blockchain gaming platform in March 2022 🕵️.
2.Poly Network ($611M): A lone hacker exploited a vulnerability in August 2021, returning $300M after developers' appeal 🤝.
3.Binance BNB Bridge ($569M): Hackers exploited a smart contract bug in October 2022 🐜.
4.Coincheck ($532M): Japanese exchange lost NEM coins in January 2018 due to hot wallet vulnerability 📈.
5.FTX ($477M): Bankrupt exchange lost funds in November 2022; SIM card swapping ring arrested in 2024 📱.
6.Mt. Gox ($473M): First major crypto hack in 2011 and 2014, losing 7% of all bitcoins 📉.
7.Wormhole ($325M): February 2022 hack exploited GitHub repository upgrade 💻.
8.DMM Bitcoin ($305M): Japanese exchange hacked in May 2024; Lazarus Group suspected 🕷️.
9.Mixin ($200M): Cloud service provider database hacked in September 2023 ☁️.
10.Euler Finance ($197M): Flash loan attack on Ethereum blockchain in March 2023 ⚡.
