The crypto industry, a place for massive potential for both investors and innovators. With the rise of the technological advancements within the space, malicious individuals like hackers are bound to exist, preying on various projects through the exploitation of vulnerabilities.
Let's take a look at the most expensive crypto hacks that have happened so far in the space!
(P.S can the devs do smtg?)
Links Mentioned:
Ronin: https://beincrypto.com/ronin-network-hack-axie-infinity-sidechain-swindled-for-over-620m/
PolyNetwork: https://cointelegraph.com/news/hackers-stole-at-least-600m-in-poly-exploit-across-three-chains
Wormhole: https://cointelegraph.com/news/wormhole-hack-illustrates-danger-of-defi-cross-chain-bridges
BitMart: https://decrypt.co/87637/bitmart-compensate-victims-196m-hack-funds
Beanstalk: https://decrypt.co/98118/ethereum-defi-protocol-beanstalk-hacked-182-million-what-you-need-know
Timestamps:
00:00 Intro
00:24 Hackers and damages caused
01:45 Ronin Network
04:07 PolyNetwork
05:51 Wormhole
07:00 BitMart
08:08 Beanstalk
09:41 How do I protect myself?
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Did you miss our previous article...
https://cryptovideos.club/crypto-hacks/flashloans-turning-4-into-44000-in-10-sec-live