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Crypto Hackers Running Riot, Industry Losing $216,000 Every Hour

From ibtimes.com

Cryptocurrency is among the industries that has borne the brunt of cyber attacks, resulting in staggering losses of over $12 billion since 2011 and a whopping $1.89 billion this year alone. Bitcoin, the world's first crypto and largest crypto asset by market capitalization, was invented by its pseudonymous creator Satoshi Nakamoto in 2008 and rolled out to the public in 2009. It means cybercriminals spent just a few years devising ingenious ways to attack, exploit and hack crypto businesses and accounts. Since 2011, crypto hacks cost the industry $12.36 billion, 30.74% of which came from 192 cryptocurrency exchanges ... (full story)

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