⚠️Major crypto hacks and vulnerabilities explained in 2 minutes👇

💠2011-2016

• 2011: Mt. Gox → Early BTC hot wallet vulnerability. ~450 million USD loss.

• 2016: DAO → Reentry error depleted funds. Loss of about 60 million USD.

💠 2018

• Coincheck Hack → Lazarus stole NEM. ~534 million USD.

• Bithumb Hack → Internal compromise. ~31 million USD.

💠 2019

•Binance Hot Wallet Hack → API + phishing vulnerability. ~40 million USD.

💠 2022

• Wormhole Bridge → Exploited signature flaw. ~325 million USD.

• Ronin Network → Lazarus's validator takeover. ~620 million USD.

• BNB Token Center → Extra BNB minted through bridge flaw. ~570 million USD.

• FTX Drainer → Private key theft during collapse. ~477 million USD.

💠 2023

• KyberSwap Elastic → Flash loan liquidity manipulation. ~50 million USD.

💠 2024

• WazirX → Multisig approver was scammed. ~235 million USD.

• DMM Bitcoin → Hot wallet key compromised. ~305 million USD.

💠2025 (January)

• Moby (Arbitrum) → Smart contract vulnerability. ~2.5 million USD.

• AdsPower → Wallet drained over a few days. ~4.7 million USD.

💠2025 (February)

• Bybit Cold Wallet Hack → Largest ever. ~1.5 billion USD.

💠2025 (May)

• Cetus Protocol (Sui) → Oracle manipulation. ~225 million USD.

💠2025 (July)

• CoinDCX → Server vulnerability. ~44 million USD.

• Coordinated CEX attack → Bybit, BigONE, CoinDCX hit. ~1.5 billion USD in total.

💠2025 (September)

• Yara Stablecoin Protocol → Unauthorized minting vulnerability. ~7.6 million USD.

💠2025 (November)

• Upbit (November 27) → Solana hot wallet vulnerability; SOL, USDC, BONK, JUP drained. ~36 million USD. Upbit froze about 8 million USD + committed to full user reimbursement.