Biggest crypto hacks in the world so far – from Binance to FTX

Jul 22, 2024

By: Sourabh Jain

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

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