In the year 2019 282 million USD could be captured by hackers
Cyber-thieves have stolen in the year 2019, a total of 282.617.000 dollars from the foreign exchange trading, according to a new report on crypto-crime.
The Blockchain Analytics company Chainalysis called elf barter attacks, in which hackers have come up with a variety of crypto-money, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin, Cash (BCH) and Litecoin (LTC), of which. According to the report, the biggest Hack of the year made the crypto-exchange Coinbene, in the case of the total 105.000.000 dollars on Ethereum-based tokens were stolen.
It Upbit, in the case of the 49.000 dollars in Ethereum from the Hot Wallet of the exchange were stolen follows. The widespread Hack of Binance is number three on the list, which is 40,000,000 dollars in Bitcoin through a combination of Phishing attacks and viruses were stolen.
The majority of the funds that were stolen in peer-to-peer attacks, were eventually sent to other exchanges, where you will probably be converted into currency. A significant portion of the funds remains unused, sometimes for years. In these cases, the possibility that the law enforcement can request the authorities of the stolen funds hardware may still.
Chain analysis describes that the crypto to implement exchanges stricter measures for the protection of the funds of the users, where they lead a “sharp decline in per Hack amounts lost”. But crypto-Criminals adapt quickly.
At the same time the most productive hackers have become more sophisticated, both in style and how you execute Hacks, as well as in the way you wash your stolen money then. While this is not a positive development, but it suggests that the of the stock exchanges, the measures taken are effective enough to force the hackers in the first place to adapt.
The proponents of the Crypto point quickly to the fact that the Bitcoin network itself, which allows people to send without any intermediary values of Peer-to-Peer, stays safe, in contrast to the exchanges, which are always affected by security breaches, while you are holding Bitcoin on behalf of their clients.
Even though thieves continue to find ways to hack into centralized exchanges, the crypto-currencies, sell and store, they are still not able to break the cryptography, the BTC protects. Crypto-enthusiasts, who support the use of Bitcoin in the sense of the pseudonymous Creator Satoshi Nakamoto – by performing Peer-to-Peer transactions without Exchange – pushing the crypto users to take control of their own private key, to your stocks, access.
The annual event is “Proof-of-Keys”, which took place earlier this month, calls for crypto-owners worldwide, and your assets from the stock markets to deduct and to move in their own digital Wallets to protect your money from hackers that have targeted stock exchanges.
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