The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history.


The 5 Biggest Exchange Hacks in Crypto

5 biggest crypto exchange hacks

As you can see from the above image, the Binance hack comes in a measly sixth place. There’s no doubt that the world’s biggest cryptocurrency exchange will recover from its stinging loss.

The hacker only targeted Binance’s hot wallet which holds just 2 percent of all the exchange’s BTC. In fact, CEO Changpeng Zhao (CZ) is already chalking it up to a “lesson learned” (albeit an expensive one).

And, it could have been way worse–just ask Coincheck, the Japanese exchange…

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Source: https://thebitcoinnews.com/top-5-biggest-crypto-exchange-heists-in-history/