Tag: centralized exchange hacks history
Centralized Exchange Hacks History: Lessons & Solutions
Centralized Exchange Hacks History: Lessons & Solutions Pain Points: The Cost of Security Failures The centralized exchange hacks history reveals staggering losses: $3.8 billion stolen in 2024 alone (Chainalysis 2025 Report). Landmark cases like the **Mt. Gox breach** (850K BTC) and **Coincheck heist** ($534M) demonstrate systemic vulnerabilities in hot wallet storage and single-point authentication. Traders…