Jan 2015 - 796 Exchange Hack - $230k (China)
"According to the explanation, hackers had compromised areas of the exchange in the previous days, which had caused a user “to mention the current address has been tampered with, coupled with hackers deliberately [using] a similar address with the original withdrawals address to confuse users…”
Further Analysis
This is an unusual case, where the hacker exploited vulnerabilities in the exchange to tamper with the withdrawal address of a customer. The customer legitimately requested the withdrawal and failed to notice the changed address. “796” appears to have handled this well, and the situation was quickly made right. No other customers appear to have been affected. It is suggested that all large withdrawals must be tested before completion.
More Cryptocurrency Exchange Hacks/Scams/Frauds
MyCoin Exchange Bankruptcy > > < < Bitstamp Hot Wallet Hack
Sources/Further Reading
100 Crypto Thefts: A Timeline of Hacks, Glitches, Exit Scams, and other Lost Cryptocurrency Incidents (Jan 25)
Bitcoin Scams and Cryptocurrency Hacks List - BitcoinExchangeGuide.com (Mar 5)
 t.me/QuadrigaInitiative
|
 /r/QuadrigaInitiative
|
 @QuadrigaInit
|
 info@quadrigainitiative.com
|