Biggest crypto hacks in the world so far – from Binance to FTX
Jul 22, 2024
Credit: iStock
WazirX loses $230 million in cryptos
Over $230 million in cryptocurrency was stolen by hackers from WazirX. However, this does not even make it to the top 10 crypto hacks in history.
Credit: WazirX
Ronin Network
Hackers stole 173,600 Ethereum and 25.5 million USDC by compromising validator nodes on the Ronin Network, stealing around $620 million.
Credit: Ronin Network
Poly Network
A hacker exploited a vulnerability, initially stealing over $600 million, but later returned most of it. However, $33 million in Tether (USDT) remained frozen.
Credit: Poly Network
Binance
Hackers exploited Binance’s BNB chain, draining BNB tokens worth $570 million. However, most of the stolen tokens were recovered.
Credit: Binance
Coincheck
Japan-based Coincheck was hacked, losing NEM tokens worth over $540 million stored in a hot wallet.
Credit: Coincheck
Mt. Gox
MT Gox, once the largest Bitcoin exchange, suffered a $480 million hack as 850,000 Bitcoins were stolen over several years. The exchange was forced to file bankruptcy.
Credit: Mt Gox
FTX
Following its bankruptcy announcement, FTX suffered a hack, losing $415 million, leading to the movement of remaining funds into cold storage.
Credit: Unsplash
Wormhole
A vulnerability on Wormhole, a communication bridge between Solana and other networks, was exploited, resulting in the theft of 120,000 wrapped Ethereum (wETH) worth over #326 million.
Credit: Wormhole
DMM Bitcoin
Hackers stole around 4,502.9 bitcoins worth over $305 million but the exact method of the hack was not known.
Credit: DMM Bitcoin
PlayDapp
South Korean gaming and NFT platform PlayDapp was hacked after private keys were stolen, leading to the minting of over 1.59 billion PLA tokens worth $290 million.
Credit: PlayDapp
KuCoin
Hackers accessed private keys to hot wallets, stealing multiple cryptocurrencies worth over $281 million, however, most stolen tokens were later recovered.
Credit: KuCoin