CandleFocus Crypto Hack Alert: $640 Million Lost in Centralized Exchange Attacks
2024-11-21
Author: Content Editor
The year 2024 has seen a significant increase in cryptocurrency scams and hacks, with over $1.2 billion worth of crypto stolen from blockchain platforms and centralized exchanges. Research reveals that control exploitation and phishing are the dominant forms of attack. Centralized exchanges were the most targeted, accounting for 50.13% of total losses. The largest hack of the year occurred at Japan's DMM Bitcoin exchange, resulting in the theft of $300 million. Ethereum and Binance Smart Chain were also targeted, losing $228.6 million and $89.85 million, respectively. Smaller blockchain platforms also suffered losses, indicating their relative infancy and lack of security. The WazirX exchange in India lost $230 million due to exploited access control mechanisms. Former Ripple founder Chris Larsen also fell victim to a significant attack, losing $112.5 million. These attacks highlight the evolving nature of hackers and the need for enhanced security measures in the cryptocurrency industry.
Related News
Dogecoin Whale Accumulation Sparks Optimism, DOGE To Rally 9000% Ahead? Bitcoin Breaks ‘Base 4,’ Completing Cup-and-Holder Pattern for Historic Rally BREAKING: False Reports of Multiple Ambulances Leaving Donald Trump’s House Spread – Trump Sources Respond Crypto Industry Bids Farewell to Gary Gensler—Exactly Like You’d Expect Ethereum onchain volume hits $7.13 billion amid November's market surge Crypto Analyst Predicts 37% Upshoot For Dogecoin Price, Points Out Support Levels Memecoin index surges as new listings continue to push the market Crypto market maker B2C2 taps PV01 to issue its first corporate bond on Ethereum BREAKING: MicroStrategy Raises $3 Billion to Boost Bitcoin Holdings Bitcoin's wild ride toward $100,000 Marathon, others set to keep up BTC buying momentum Solana ETF Issuers Advance Talks With US SEC, Is Approval Imminent? Daily exchange trading volumes hit a 12-month high of $117 billion Ethereum Sees Neutral Netflow On Binance: What Does This Signal? Market-based media platform Truemarkets raises $4 million from public NFT sale, attracting Vitalik Buterin as a buyer ‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs Charles Schwab Plans Spot Crypto Trading Under Trump, Says Incoming Rick CEO Wurster Producer of Documentary Claiming to Have Found Satoshi Nakamoto Doesn’t Back Down: “There’s More Evidence I’m Not Disclosing” Investors Consider ETH Accumulation as ETH/BTC Pair Drops to Lowest Level Since 2021 The Graph introduces GRC-20 standard for Web3 data structure Trump's proposed Crypto Advisory Council could establish US bitcoin reserve: report 5 Key Indicators To Watch For Ethereum Price Rally To $10K Top Cryptos Primed for 5,000% Gains in 2024 You Should Watch MicroStrategy’s Stock Drop Sparks Debate Amid Bitcoin’s Surge Toward $100,000 Potential The battle for wallet supremacy is underway A Crypto Whale Outplayed the Market by Gaining Huge Profit on Memecoins Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum How Can Bitcoin Rise While the Gold Price Falls? What Do Analysts Expect Next? Here are the Answers Dash price surges to five-month high, sets sights on $38 UK to deliver comprehensive crypto regulation framework by early 2025 aelf (ELF) bullish trend gains momentum with new partnerships Solana Whale Accumulates 100K SOL Worth $23.86 Million in Two Days ? BREAKING: Donald Trump’s Cryptocurrency Advisory Council is Expected to Establish the Promised US Bitcoin Strategic Reserve, According to Reuters How High Could Shiba Inu Price Go If BTC Hit $100k? This Is What Is Holding Cardano (ADA) Price Below $1 Rekt Coin Launching With Airdrop Following Rekt Drinks Sellout Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain Injective’s TVL soars 61%: Is it enough to offset retail sell-offs? Texas judge tosses out SEC's expanded 'broker' rule, which broke with 90 years of legal tradition to rope in crypto traders Bybit and Block Scholes Report Hail Donald Trump as America's Crypto President Arthur Hayes Calls out 'Dumb Dumbs' Settling for Less, Promotes USDE's 29% APY U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto The math behind MicroStrategy’s bitcoin bet Meme coin searches reach a peak, hint at mainstream interest BREAKING: Donald Trump’s Company Is Allegedly Considering Creating a Cryptocurrency Payment Service Stellar XLM Gains 150% in Huge Rally with Growing Market Interest Solana (SOL) Price Nears All-Time High as Uptrend Continues Dogwifhat (WIF) Hits Golden Fib Level, Bulls Target 85% Rally FLOKI surges as 2 key areas see growth: What happens now? Printemps Launches Crypto Payments Across 20 Stores in France with Binance Pay and Lyzi Breakout or Fakeout? The Critical $94K Zone Holds Bitcoin’s Next Move SUI Survives Two-Hour Outage Without Dropping Below $3 Alleged Cryptocurrency Officer in the US is Revealed: FOX News Worldcoin (WLD) at Crossroads: Breakout or Breakdown? TUSD up to 99.7% backed by speculative assets despite SEC settlement Ripple Assigns IDs to Over 500 Banks—Will XRP See a Surge? Want Greater Bitcoin Adoption? Engage With Your Government. JOJO Exchange Integrates Chainlink and Lido to Revolutionize DeFi Collateral with wstETH PEPE Breaks Bullish Flag Pattern, Traders Eyes 65% Rally Expect a ‘massive altcoin season’ once bitcoin dominance hits 65% $1.29 Resistance vs. $0.95 Support: XRP’s Price Direction Hangs in the Balance Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo This Is What Ripple (XRP) Price Needs to Reach Its Biggest Level Since 2021 Poste Italiane launches the first NFT stamp Dogwifhat Price Rebound: Analysts Eye $3.80 Target Immutable announces strategic partnership with Altura 4 Sell Signals That Suggest Cardano Price Could Crash 40% Soon Lido DAO Founders Offload $LDO Tokens Amid Market Volatility Bitcoin dominance hits 57% as its price rises past the $90,000 level CFPB leaves crypto wallets out of ‘Larger Participant’ rule 5 Altcoins Buck the Trend With Price Swings As Bitcoin Hits $100,000, Analyst il Capo Still Not Convinced: 5 Reasons Why Hyve Partners with Lido to Launch X Committee, Offering Scalable DA How Viable Are BitVM Based Pegs? Bitcoin rally fuels record dogecoin perpetual futures trading volume on Kraken ? SEC Chair Gary Gensler to step down as Trump signals pro-crypto agenda BiT Global claims Coinbase delisted WBTC for ‘competitive advantage’ Bitcoin bet made on ‘pussy terms’ is about to make both parties bank Bitcoin Retail Investor Selling Signals Coming Pullback, but There Might be a Catch BREAKING: There is Update on FTX and Creditor Payments which are Critical for the Market Optimism (OP) Outperforming Crypto Market With 17% Surge GOAT Price Shows Weakening Momentum After Reaching Top 10 Meme Coins Ranking Bitcoin Surpasses Silver: Can It Beat Gold? Optimism (OP) Outperforming Crypto Market With 17% Surge Solana Price Consolidates at $250: Bullish Signals Indicate $300 is Within Reach Jito Token Holders Slated for Payday Under TipRouter Proposal Cardano's Major Uptime Milestone: ADA Community Reacts Bigger Rocket Needed: Michael Saylor Reacts to Bitcoin's Surge Past $98,000 Aave Hits $10 Billion in Active Loans, Reflecting DeFi’s Renaissance How high can Pepe Coin price climb in 2024? Floki burn rate rises as expert predicts a 92% surge Sui Restores Operations Following Two-Hour Outage FDUSD Launches as a Native Stablecoin on Sui Nansen: As Bitcoin Heads Towards $100K, Whales Bought These Altcoins the Most! Glacier Network Joins KOLZ for AI-Powered Scalable Blockchain Infrastructure Crypto experts explain why XRP price could surge soon Polygon's Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown BREAKING: Coinbase Lists a New Altcoin in Futures Will XRP Repeat 2017-like Breakout Pattern and Hit $7? Brett Coin Price Surges 165% Amid Strong Market Sentiment Ripple CLO Outlines Vision for Next SEC Chair: 6 Key Priorities Cardano Price Soars 42% in a Week: Is the Momentum Shifting? Bitcoin is inches away from cracking all-time high against gold Payments Giant Stripe Brings Crypto Services to Aptos as Circle's USDC Stablecoin Launch on the Network CHILLGUY Investor Turns $22K Into $2.48M Profit In Days Cosmos co-founder proposes peer-to-peer clearing system in white paper Bitcoin Cash (BCH) Jumps 10%, Becomes the Day’s Top Gainer Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at $98K Peter Schiff : ‘Clearly I wish I bought Bitcoin’ Is MicroStrategy a bubble? What is the risk for Bitcoin’s price? Ethereum Price Analysis: ETH Pumps 5% Today, Watch This Level Next DOGE Price Prediction for November 21 Crypto.com Partners with Triple-A to Simplify Global Crypto Payments BNB Price Prediction As Analyst Forecasts 150% Rally for Binance Coin $CHAOS Speculation Builds; Will It Repeat $ZEREBRO’s Gains Here is What 10M, 50M, 100M Shiba Inu Will be worth if SHIB Market Cap Hits Only $30B SunPump Expands Partnerships Network, Driving Growth in the TRON Meme Ecosystem Cardano Tops Poll with 45.9% Vote to Overtake Ethereum PNUT Plunges 30%, Shiba Inu (SHIB) Slides 4.6% In 7-Day Ripple CEO Slams Biden’s War on Crypto; RLUSD to Bag $180B? XRP Price Rebounds, Next Target Locked Top Trader Says Shiba Inu Set to Break Seven-Month High at $0.000036 $100,000 per Bitcoin ‘around the corner,' says expert MARA Holdings completes $1 billion debt offering to acquire more Bitcoin Mastercard and JPMorgan Link Up to Bring Foreign Exchange on the Blockchain Bitcoin Price Analysis: BTC Explodes to New ATH, Is $100K Next Today? Phishing scams exploit Japan’s digital currencies as fraud cases rise: report Ripple Price Analysis: Is XRP on the Verge of a Massive Rally? Crypto bulls set sights on $100K BTC as FIL, BSV, TON soar Bittensor Faces 25% Drop: Is a Retest of $400 the Next Move? Dogecoin Whales Pump Memecoin With $214.5 Million Purchase Is Polygon Crypto On The Verge Of A Bullish Rally? Analyst Weighs In Bitcoin Exchange OKX Announces Listing of Two New Altcoins at USDC Pair! Crypto Tax Evaders Face Crackdown in South Korea MicroStrategy’s MSTR and ETFs Surpass Entire UK Stock Market’s Trading Volumes Cardano (ADA) Founder Charles Hoskinson Names His Nominee to Lead Trump’s Cryptocurrency Policy Bitcoin Breaks Through Its Barrier And Sets Its Sights On The 100,000 Dollar Mark According to QCP Capital's Latest Report, Bitcoin Will Maintain Its Strength Until This Date! Here Are the Details US Bitcoin reserve during Trump presidency could pump BTC to $1M Why These Altcoins Are Trending Today — November 21 Crucial Bitcoin (BTC) Buy Warning Issued by Samson Mow Crypto Bank Custodia Plans More Layoffs Amid Intense Regulatory Scrutiny 'Time Will Tell': Binance Bosses Add Intrigue to Bitcoin Mania at $97,000 Pavel Durov Reveals Case of New Telegram Millionaire Emerging in Just 20 Days Genius Group Bitcoin Treasury Boosted With 153 BTC Purchase Will Solana Price Hit $5,000? Analyst Explains Will $100K Bitcoin price trigger a big correction? Digital Currency Group Now Has a New Subsidiary, Yuma Group, Which Will Develop Bittensor Microstrategy Not Overvalued, Instead Has A Lot Of Runway, Says Charles Edwards DEX activity on Solana is catching up with Ethereum Bitcoin Outperforms Every Other Asset, With a Compound Annual Growth Rate of 40%, Says Natalie Brunell Satoshi Nakamoto is now the 18th richest person in the world $62 Billion Hit: Bitcoin (BTC) Secures Mind-Blowing Record Crypto Hack Alert: $640 Million Lost in Centralized Exchange Attacks Binance Futures Listing Catapults SLERF and SCRT Prices, Sparks Market Frenzy $47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research BNB Holds Steady Above $600, Faces Challenges to Reclaim All-Time High Litecoin (LTC) Forms Rare Golden Cross, Potential Scenarios Neo partners with Palmera to launch first multisig Safe accounts on Neo X Bitcoin (BTC) to Go Parabolic Once This Happens, Analyst Says Legacy Crypto Tokens Outperform as Bitcoin Crosses $95,000 Bitcoin Nears $100,000 After Hitting New Highs, Whales and Long-Term Holders Fuel the Growth After Bitcoin, This Altcoin Could Pump Next According to Social Trends: Santiment Prez. Nayib Bukele Posts 'Just a Chill guy' , $CHILLGUY Rises SHIB bull flag could trigger 48% price explosion Bitcoin tops $98,000 as rally gains momentum Crypto Liquidations Top $450 Million as Bitcoin Price Eyes $100,000 Is $10 XRP Price Technically Possible in 2024? Bloomberg Analyst Gives Best Date to Submit Dogecoin ETF Application Apple Designer Susan Kare Brings NFT 'Esc Keys' to Asprey Studio ? ‘Solana killer’ Sui down, no blocks produced for more than 1 hour Bitcoin (BTC) Approaches $98,000 as Altcoins Lag Behind Ethereum Classic [ETC] Shows Promising Momentum: Can Bulls Sustain the Recent Gains? Ethereum (ETH) to $6,000? Top Analyst Shares Crucial Chart US watchdog issues final rule to supervise Big Tech payments, digital wallets Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K If you invested $1k in BTC when Hillary Clinton said crypto can 'destabilize nations,' you'd have this much Analyst Says Six-Figure Bitcoin Price Incoming – But Warns One Factor Could Delay BTC Rally Till Next Year Nexon and Wemade Confirm No Plans to Profit from Bitcoin Holdings IOTA Token Utility Expands with Rebased Staking Rewards Proposal DOGE Founder Says Bitcoin Growth Dwarfs ‘Everything Else’ But What About Dogecoin? ECB official calls for urgency on digital euro amid global CBDC race How Sportsbet.io and LALIGA’s Partnership is Redefining Sports Betting and Fan Engagement Through Blockchain This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000 Analyst Says Dogecoin To Rise Further, Identifies Rounded Bottom Structure Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital What Are Meme Coins and Tokens? XRP News: Will the XRP Price Hit $1.96 by November 24? FLOKI Eyes New ATH After 128% Rally: Can It Break $0.0006? $GOAT’s 14% Leap Headlines the Day Alongside $BTC, $ETH, and $SOL: Daily Summary SHIB Burn Rate Surges 2200%, Shiba Inu Coin Eyes Parabolic Rally Ahead? Aethir Integrates LayerZero to Create a Multichain AI and Gaming Ecosystem BTC Price Aims at $100K as Spot Bitcoin ETF AUM Exceeded $100B (Market Watch) Bitcoin to Finally 'Bury' Ethereum? Peter Brandt Issues Grim Epic 'Letter From the Grave' Call BCH tops gainers after 20% rally, analysts expect more upside Why Bitcoin Is Going Up? Crypto murder: Two more arrested in Montreal crypto influencer case Bitcoin Hits $97,900, Targeting $112K as MVRV Signals Growth Render (RNDR) Price Eyes $10 After Breaking Key Resistance Santiment Announces 10 Altcoins That Whales Have Flocked To In Recent Days! Crypto payments: the growing role in the construction sector Here is The level Cardano Must Hold to Maintain Uptrend Is ATOM’s Break Above the 200-Day EMA Signaling the Start of a New Uptrend? Why Ethereum (ETH) Price Is Not Rising? Macro Investor Says Time Running Out For XRP As XRP Days Below Its ATH Are Numbered Shiba Inu Lead Mentions What to Do to Attract Major Exchanges to Shibarium Record $9.7B stablecoin inflows could drive Bitcoin to $100K Elon Musk, Vivek Ramaswamy Outline Bold D.O.G.E US Workforce Plan: Details Bitcoin and the Altcoin Season Index Explained Bitcoin 'teleportation' due as traders bet on BTC price passing $100K 'Just a chill guy' artist threatens legal action against for-profit activities using their art PNUT Price Falls 30% in One Week, Yet Path to Recovery Remains Possible Don’t Expect a Bitcoin Dip Before Big Break of $100,000, According to Quant Analyst PlanB – Here’s Why Analyst Pinpoints Key Monthly Close for XRP to ‘Absolutely Rocket’ The forecasts of Bitcoin towards $100,000 for 2024 Stocks slip on disappointing Nvidia results, Bitcoin defies the trend Toncoin’s Market Cap Surge Threatens Shiba Inu’s Position Agant's GBPA aims to transform UK's digital finance landscape with regulatory-first approach Bitcoin Price To Possibly Hit $100000 In Next Few Hours Are $1, $5 and $10 Technically Possible for Dogecoin with 146B Circulating Supply Ethereum: Retailers Holding For More Profits, Rally To Hit New ATH? Big Investor Buys 105B PEPE Worth $2M in One Transaction Dogecoin’s 163% Rally Continues: Daily Active Addresses Hits New All-Time Highs REI Network Partners with OwlX.ai To Revolutionize Web with AI-Powered Blockchain Solutions Bitcoin Market Cap Approaches $2 Trillion, Targets Amazon and Alphabet Bitcoin Nears $98,000, Just 2% Away From Six Figures ETF store president Nate Geraci hints at upcoming spot ETFs ‘Should XRP Holders be Worried,’ Analyst Predicts XRP Next Direction Ethereum Co-Founder Vitalik Buterin Made a Surprise Altcoin Purchase! Analyst Reveals How High Cardano Price Can Rise, Here Are The Targets Bitcoin Price Blasts Past $97,000 as Futures Hint at More Room to Run Bitcoin Futures Smash Through $100K Barrier on Deribit Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations Worldcoin’s biometric gamble is a privacy time bomb Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects ‘Very Strong Moves’ – Analyst Sees Rallies for Solana Rival, Updates Forecast for Two Ethereum-Based Altcoins Floki price prediction: golden cross forms as token burn surges South Korea confirms North Korea behind $50M Upbit hack Dogecoin Stabilizes Above $0.35 And Continues Its Uptrend Litecoin (LTC) at a Crossroads: Can It Rebound and Rally? South Korea-Based Bithumb Exchange Announces Listing of These Altcoins in Spot Trading! Solana Price Forecast: Traders move 6.7B SOL as bulls target all-time highs POPCAT – Why a new ATH is possible despite 22% fall in memecoin’s value DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis XRP’s $1 at risk? As trading volume drops 77%, concerns rise A New Frontier: Court Authorizes Service of Process Through NFT Airdrop Schindlers Digital Assets Launches Real Estate Purchases With Crypto in South Africa Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike Binance Warns of Fake Tokens Exploiting Its Name ? Bitcoin Tops ATH of $96,958; Polymarket, Kalshi BTC Odds Rise DLT-based SNB Bills to be settled in wholesale CBDCs Cardano Price Prediction For November 21: 43% ADA Rally on Cards Today Why Tron Founder Bought a Duct Taped Banana for $6.2 million? DOGE Price Rally: Will Dogecoin Break Its 2021 All-Time High XRP Price Prediction For November 21 New ATH in Bitcoin, Very Close to $100K! Here is the New Record and What You Need to Know! Renowned Analyst Forecasts Ethereum Surge to $10K US charges 5 crypto hackers in $11M scheme linked to ‘Scattered Spider’ XRP 4 Days of Sleep: What's Next? Dogecoin (DOGE) Hints at Double Top Pattern Formation, Pepe (PEPE) Loses 21% in 6 Days, But There's Still Chance SHIB’s Large Transactions Surge by 98%, Buy Sign or What? CEX.IO Updates Its Trading Platform For Enhanced Liquidity Aggregation JPY is ‘backed by hostages’ — crypto exec Koji Higashi New York to reduce crackdown on ‘crypto’ crime Dogecoin Slows Following Monster Gains—What Happened? ? Bitcoin breaks above $95,000 for the first time as post-election momentum continues Bitwise Enters Spot Solana ETF Race with SEC Filing, What’s Next? Apple rushes out patch fixing zero-day attacks on macOS systems Just In: US DOJ Charges Five Hackers In $6.3M Crypto Hack & Corporate Data Breaches Cardano Surpasses 8-Month High; Is ADA Targeting $1.24 Next? Cardano’s Transaction Volume Hits $52.26B, a Seven-Month High BitGo launches Singapore subsidiary to bolster services in APAC region Bitcoin reserve won’t solve US debt crisis: Think tank co-founder Crypto Investor Pockets $6.85M in $BTC Rally Using Tactical Trading