💥 Biggest Hacks & Security Breaches in Crypto History

In partnership with

Beat the market before breakfast.

Join 100,000+ readers who get smarter about stocks, crypto, and income in 5 minutes flat with our free daily newsletter.

Stocks And Income is 100% free and focused on helping you find investment opportunities that outperform the market average.

No hype, no fluff, just real signals and strategy.

Did you miss these big winners?

✅ CoreWeave (before it soared 209%)
✅ Palantir (+441% this year)

Our readers didn’t.

Get the next big stock and crypto picks delivered daily.

Subscribe for free

_{Stocks & Income is for informational purposes only and is not intended to be used as investment advice. Do your own research.}

You see, one thing about the crypto space is this — money moves like water, but the moment hackers smell weakness, billions can disappear in a flash. And strangely, it’s always the biggest players that get embarrassed the most. Let’s take a walk through some of the craziest hacks that shook the entire crypto world.

🔹 Mt. Gox (2014) – The Bitcoin Titanic

Back then, if you were trading Bitcoin, you were probably using Mt. Gox. They handled about 70% of BTC trades worldwide. Then disaster struck — hackers made away with 850,000 BTC. Imagine the value of that today. The exchange collapsed, investors lost everything, and trust in exchanges dropped instantly.

Lesson? Never trust any exchange completely with your coins.

🔹 The DAO Hack (2016) – The Split that Shaped Ethereum

Ethereum was still new and exciting when The DAO launched. Investors poured in $150M, which was huge at the time. But a hacker found a weakness in the code and stole about $60M in ETH. The aftermath? The Ethereum community split, creating two separate coins: Ethereum (ETH) and Ethereum Classic (ETC).

One hack literally reshaped an entire blockchain.

🔹 Coincheck (2018) – Japan’s Billion-Dollar Embarrassment

In 2018, Japanese exchange Coincheck was hit hard. Hackers stole $530M worth of NEM tokens, one of the biggest crypto heists ever recorded. The Japanese government had to step in, and from then on, crypto regulation in Japan became some of the strictest in the world.

🔹 Binance Hack (2019) – Even the King Can Fall

When Binance, one of the largest exchanges, lost 7,000 BTC (about $40M then), it shook the industry. But Binance reacted quickly, covered all losses through its SAFU fund, and saved its reputation.

The lesson? Falling is not the problem. How you rise again is what matters.

🔹 Poly Network Exploit (2021) – The “Friendly” Hacker

Hackers drained over $600M from Poly Network, a DeFi platform. But here’s the twist — the hacker later returned most of the money, claiming it was “just for fun.” Just imagine your life savings vanishing only for someone to say, “Relax, I was only joking.”

Crypto has no sense of humor.

🔹 Ronin Network / Axie Infinity (2022) – The Gaming Blow

Axie Infinity was a global hit, especially in play-to-earn communities. Then hackers linked to North Korea stole $620M from its Ronin Network. That hack destroyed confidence in blockchain gaming and showed how vulnerable even big projects can be.

🔹 FTX Collapse (2022) – Hack or Inside Job?

FTX was one of the world’s biggest exchanges until it collapsed due to fraud and mismanagement. As if that wasn’t enough, right after filing for bankruptcy, over $400M mysteriously disappeared from its wallets. Nobody knows till today whether it was hackers or insiders quietly helping themselves.

⚠️ Final Word — The Takeaway

• Not your keys, not your coins – keeping funds on exchanges is risky.

• DeFi isn’t bulletproof – one coding flaw can wipe out billions.

• Every hack makes regulation stronger – governments don’t waste these scandals.

• Reputation is survival – Binance showed that quick action can save trust.

In the end, these hacks remind us that in crypto, the line between wealth and wipeout is razor-thin. Always guard your assets like they’re your last chance at freedom.