The Biggest Cryptocurrency Hacking Cases in History

 

The DigitalBank is Building the Bank of the Future . The First and Only Decentralized Anonymous Banking System in the World . The DigitalBank is the safest , hacking free vault for Bitcoin and Cryptocurrency , more secured than any cold storage option .

It’s impossible to attack the DGBK device : there are no ports,no backdoors , no keys . 100% impenetrable banking system ever developed .
Problems that the DigitalBank Technology is solving : 
1) Stop Hacking of Crypto Exchanges and Wallets .
2 ) Stop the loss of passwords , usernames and access keys to Bitcoin and  Crypto accounts
3)  Stop the Loss of Hardware Wallets and Paper wallets
4 ) Cryptocurrency custodianship for Institutional Investors , hedge funds and pensions, banks and investment firms

DigitalBank is the ultimate Safe Haven of Bitcoin and Crypto Investors .
There are dozens of ‘hardware wallets ‘ none of them is fully secured , because they actually store the private key inside their device , so that they can be hacked and the private key extracted . The moment the hacker get the private key of your wallet , he can get the funds on the blockchain .
In addition all hardware wallets and online wallets involves a third party , it means the company that runs the hardware wallet holds backups of your private key , and as long as a third party has access to your private key , you are not safe , because your private key is found also in their hands and basically they can take hold of your crypto funds .
With the DigitalBank Cold Storage Device , there is no third party involved , because we never store or know your private key , at any given time .
In the DigitalBank Device , the private key is not stored inside the device . There is nothing to hack actually .
The device does not store and has no way to store private keys, therefore an hacking attack is totally impossible.

 

We are developing the most secured and anonymous Blockchain Bank in the World.

100% impenetrable, hacking free platform for managing safely your Crypto & Financial assets.

We are the Fort Knox of Cryptocurrency and Financial Assets Transfers

Let us know how we can cooperate.

Our email address is [email protected]

 

The DigitalBank
DigitalBank means Guaranteed Lifetime Account Access.
The DigitalBank is a 100% Anonymous Offshore E-Banking System for cryptocurrency .
This is not only a super secured hardware wallet just for crypto storage , but it includes also a full financial crypto managing platform , that let you buy, sell, trade , invest and transform in cash your cryptocurrency holdings

 

The Fort Knox of Crypto Wallets

 https://www.digitalbank.capital/

Cryptocurrency Hacks – Cryptocurrencies have had an astronomical growth in the past couple of years. In 2017, the growth reached record levels. The value of the cryptocurrencies in the market appreciated as a result and this has led experts to make comparisons with the stock markets. The comparisons have shown the stark differences between the two markets. For 2017, the cryptocurrencies market experienced over 3000% growth while the stock market had a mere 7%. While these numbers are astounding, they do not necessarily cast a bad light on either of the markets. Cryptocurrencies have also had challenges in the past. There have been a number of hacks that threatened the market.

Let us look at some of the biggest of such hacks.
NiceHash Hack The NicheHash hack of December 2017 resulted in the loss of $63 million. The mining service that has been working with miners for several years publicly admitted to being targeted by a hack. The successful hack was able to result in the loss of over 4000 bitcoin tokens. The trail of the assets was not able to result in any meaningful positive results. The hack caused great damages to the company and the CEO, Marko Kabal was forced to resign. Even though the company tried to repair the damage caused by the hack, it has not been possible to completely gain back its credibility.

Bitfinex Hack The Bitfinex hack is one of the most well-known cyber exploits. The hack resulted in a loss of almost 120,000 bitcoins. According to the estimates of 2016 , that loss was equal to $72 million. Current estimates and values, however, make that loss come close to $1.2 billion. The loss in cash was not the most significant aspect of that hack, however. The multisignature accounts, which were considered to be safer, were proven to be fragile in the face of threats. Bitfinex and BitGo were the two companies which were responsible for the multisignature system. They both took the responsibility after the hack but the company was never really able to give any resolutions after the hack. The Bitfinex Hack is considered to be the second-largest hack in the crypto world.

The Mt. Gox. Hack This hack is the highest-profile hack in the cryptocurrency world. This hack was not only carried out over a period of time but it was also carried out in a systematic manner. Over the course of years, hackers were able to get away with over 850,000 bitcoins. That loot was quite big for the time and it is estimated that the value of the hack could be well over $8.3 billion by current estimates. The hack was able to not only rival some of the biggest forex scam attempts, but it resulted in the complete bankruptcy of the firm. The vulnerabilities of the system were revealed to have been as a result of a poor coding security. The software that was used to control the platform had an undetected vulnerability where a code could overwrite a file that was being worked on by another party.

The Coincheck Hack When it comes to the largest hack recorded , the Coincheck hack takes the crown. The Japanese cryptocurrency exchange was hacked and the details emerged earlier on in 2018. According to reports, hackers were able to steal coins worth $534 million. The coins were stolen from a hot wallet and this sparked criticism for the firm. The multisig wallets used at the time of the hack were already known to have vulnerabilities. Coincheck apparently admitted that it did not expect the coins to be stolen even though they were accessible via the internet. Even though the value of the coins was huge at the time of the hack was high, the value of XEM has gone down. The current value of the stolen coins would thus account to only half of the original worth.

The blockchain technology has been hailed as one of the most secure. This is why when high-profile hacks happen, most stakeholders in the market are caught off-guard. As the successful hacks have shown, vulnerabilities in the digital world are not just limited to the older systems. There are still many exploits that hackers can use when there is no proper oversight by companies and crypto platforms.

The DigitalBank Technology will bring the final solution to the public who needs to secure his digital assets and manage them easily on a simple interface.
It will bring a solution to banks that will be able to offer ultra secured cryptocurrency storage combined with Crypto management tools.
It will supply a fully secured cryptocurrency custody solution to large investment firms and institutional investors.
It will supply the insurance companies with a huge new potential business of insuring cryptocurrency holdings of their clients.

 

The DigitalBank Crypto account will be 100% Anonymous, only if the client will not connect it to a FIAT account. It’s like he buys an hardware and software for personal management of his crypto.
Of Course this device can be connected to a real bank account , so that we transform FIAT accounts , to accounts that hold also cryptocurrencies.
The DigitalBank propose the banks a very attractive legal solution to enter the Cryptocurrency field , while increasing their revenues and customer base , at zero costs . The DigitalBank solved forever the Cryptocurrency custodianship issue .
The DigitalBank will allow people to accumulate crypto securely .
We will create MASS ADOPTION of Bitcoin and Crypto . The potential to satisfy this huge demand, is perhaps the most exciting banking development of the past 50 years