Not exact matches
[16] Less than one year after the collapse of Mt. Gox, United Kingdom - based exchange Bitstamp announced that their exchange would be taken offline while they investigate a
hack which resulted in about 19,000 bitcoins (equivalent to roughly US$ 5 million
at that time) being stolen from their hot
wallet.
In October 2013, Inputs.io, an Australian - based bitcoin
wallet provider was
hacked with a loss of 4100 bitcoins, worth over A$ 1 million
at time of theft.
There are many really cool advancements; for instance, we
at Vaultoro, are developing a new type of multisig hot
wallet that will make it impossible to
hack and drain the whole
wallet even for insiders like employees or executives.
You are likely to lose all your investments if your
wallet is compromised or the exchange is
hacked like what happened
at Mt.Gox and recently CoinCheck.
I borrowed this travel
hack from our friends
at Extra Pack of Peanuts blog: a beacon device to find your lost or stolen
wallet.
You know that feeling: You've been in the travel
hacking game for a while, churned a few cards, did some manufactured spending, and now you're just staring
at your Award
Wallet account with excitement and anxiety.
The fate of the third largest fundraiser
at $ 142.4 million, PolkaDot, is still uncertain after losing over half of all proceeds following a Parity
wallet hack.
At the same time, Unchained Capital announced the release of an open - source, multisig contract for Ethereum, which it says addresses the weaknesses exposed in last July's Parity
Wallet hacks.
Just as bank accounts can be
hacked, bitcoin
wallets are
at risk as well.
The
wallet is non-custodial, meaning that users retain control of their private keys
at all times and do not have to worry that they will lose their funds if Abra is
hacked.
A mobile or desktop
wallet is slightly safer but still
at risk of being
hacked.
Two weeks ago to the day, Coincheck executives dramatically confirmed swirling rumors that the exchange had been the victim of a
hack wherein 500 million NEM tokens, worth $ 530 million
at the time, had been stolen from its hot
wallet.