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Cryptopolitan 2020-01-23 23:45:47

Exchange hacks increased in 2019 yet the value stolen decreased

With the growth of the crypto industry, crimes such as fake ICOs, Ponzi schemes, and exchange hacks only tend to increase. A recent Chainalysis report revealed that 2019 saw a greater number of exchange hacks than previous years. However, despite a larger number of hacks the value of assets stolen was actually less compared to previous years. Exchange hacks Chainalysis report only compared the data regarding exchange attacks while ignoring other similar attacks on wallet providers, payment processors and the like. The report included data of hacks against technical vulnerabilities such as loopholes, deceptive attacks and measured and compared these

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