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What is the largest cryptocurrency heist ever?
Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever. Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.Did Jimmy Zhong steal 50,000 bitcoins from the Silk Road?
Jimmy Zhong appeared to have pulled off the perfect crime. In December 2012, he stumbled upon a software bug that allowed him to steal 50,000 bitcoins from a site on the dark web called the Silk Road. WSJ’s Robert McMillan explains how Zhong’s stolen crypto stayed hidden until investigators developed better ways to track down crypto criminals.What happened to crypto after Bitfinex hacking?
In the strange and sometimes shadowy world of cryptocurrency, it was as if the earth shook. In the years since the Bitfinex hacking, crypto had exploded into the mainstream, and the theft had become notorious: a bounty worth over $4 billion. At last, it seemed, the hackers had emerged from hiding.What happened to bitcoin?
And so for six years, as the value of Bitcoin soared, the loot sat in plain sight online as tiny fractions of the giant sum occasionally disappeared in a blizzard of complex transactions. It was as if a robber’s getaway car was permanently parked outside the bank, locked tight, money still inside. And then, this month, the car sped off.