2016 Bitcoin and Altcoin Hacks [Part 8]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2016.
In May 2016 an att...
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Who is Erik Voorhees? What is Erik Voorhees’ net worth?
Erik Voorhees (born 1985) is the founder and CEO of ShapeShift.io – an innovative and pioneering cryptocurrency exchange which allowed anonymous users to instantly exchange several pairs of cryptocurrencies. ShapeShift.io On ShapeShift’s original interface, users would automatically receive unique single-use deposit addresses. Cryptocurrency sent to that unique address would be automatically converted to another chosen […]
2013 Bitcoin and Altcoin Hacks [Part 5]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2013. Dogewallet Such hack. Many coin. Very disappear. Christmas of 2013 wasn’t a good time for Dogecoin investors. The recently created half-joke-half-serious cryptocurrency had just suffered its first major heist. Although […]
Exchanges adopting $USDT for $USD valuation should demand a Bitfinex audit
When a large exchange, like Bittrex for instance, adopts USD Tether ($USDT) as their US Dollar reference, they must offer investors some guarantee that the adopted benchmark is somewhat accurate. When you select USDT pairs in Bittrex, the user interface does not show USDT but shows U$ instead, clearly suggesting USDT is the official US […]
2012 Bitcoin and Altcoin Hacks [Part 4]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2012. Bitcoinica / Linode Hack Bitcoinica was hacked twice in 2012, which led them to shut down shortly after the 2nd heist. In March 2012 Bitcoinica reported that 18,547 BTC had […]
Concepts In This Page
One of the largest cryptocurrency exchanges. Has close ties to the Tether stablecoin cryptocurrency.
Stablecoin, or stable coins, are cryptocurrencies which are backed 1:1 (or some other ratio) against a reserve currency or bag of currencies. The most popular stablecoins are pegged to the US dollar.
Tether is a stablecoin - a cryptocurrency which is tied 1:1 with the US dollar.
Bo Shen is a cryptocurrency investors who had his cryptocurrency accounts hacked in 2016
Gatecoin is a former cryptocurrency exchange, which shut down in 2019
Technological exploits, legal or not. In the context of cryptocurrencies, hacks are often related to exchange and wallet intrusions.
Monero is a privacy centric cryptocurrency