1.7 billion dollars stolen in crypto-currencies since 2011

Crypto Aware has focused on the crypto-currencies that have been stolen between 2011 and 2018. The figures are staggering since the phenomenon, which has intensified in recent months, would have cost nearly $ 1.7 billion of crypto-currencies.

A record-breaking year

Crypto Aware is a site dedicated to the security of digital currencies. Officials have, therefore, all of the figures and have been able to analyze with details the hacks and scams related to virtual currencies in recent years. The figures speak for themselves as they are the 1.7 billion dollars that have been stolen between June 2011 and march 2018.

Pixabay – Woodak / $ 670 million of crypto-coins have been stolen in the beginning of the year 2018.

The year 2018 is to have a grim record : one in which the hacks and scams related to crypto-currencies are the most numerous. You should know that the phenomenon is intensifying. After Crypto Aware, 40 % of the amounts stolen have been during the first three months of 2018, which represents $ 670 million.


Anna Wu, the designer of the site, is returned to these alarming figures : “The crypto-currencies are emerging as a means of transfer of value, with historic highs achieved by the main corners at the end of last year. This growth has attracted many investors with little experience, who don’t know the rules to follow in terms of internet security, and which are perceived as easy prey for scammers. “

Pixabay – MakeSomedonesDay / hackers related to crypto-currencies are more and more numerous.

The intensification of the hacks and scams would be related to the outbreak of the current crypto-currencies during the year 2017 : “fraud, scams and hacks related to crypto-currencies may resurface every time that the crypto-markets will experience strong growth. “

It is for this reason that it is necessary for investors to be cautious and they choose platforms to trade secure and famous. The site Crypto Aware recommends investors not to be too “greedy” and opt for the safety. A word to the wise…

Source : News BTC