• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Bitcoin Stolen Through Hacks and Scams Hits a Yearly All-Time Low

by
December 30, 2020
in Uncategorized
0
Bitcoin Stolen Through Hacks and Scams Hits a Yearly All-Time Low
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Stolen Through Hacks and Scams Hits a Yearly All-Time Low 2

Summary:

Related articles

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

April 14, 2021

Top Crypto News: 04/14

April 14, 2021
  • 2020 had the lowest amount of Bitcoin stolen through hacks and scams
  • A total of 4,366 BTC was stolen and publicly reported
  • This is a 92% drop from 2019 and an all-time low of 0.02% of the total supply
  • Bitcoin investors and traders are getting smarter in terms of securing their investment

A lower amount of Bitcoin was stolen this year through hacks and scams when compared to previous years. This is according to data by the Co-Founder and CTO of the Casa Bitcoin App, Jameson Lopp, who pointed out that only 4,366 BTC was stolen in the last 12 months. This amount is a 92% drop from 2019 and an all-time low since 2011. Mr. Lopp shared his analysis via the following tweet and accompanying chart.

Bitcoin security appears to be improving! As far as I can tell, only 4,366 BTC was stolen in major publicly announced thefts during 2020. This is a 92% drop from 2019 and an all-time low of only 0.02% of the total supply.

I’m tracking thefts here: https://t.co/gdSKj6cvEy pic.twitter.com/CJpsZrcsJO

— Jameson Lopp (@lopp) December 29, 2020

Bitcoin Investors, Exchanges are Taking BTC Security Seriously

One reason for the decline of Bitcoin stolen through hacks and scams is that BTC investors are likely getting smarter in terms of storing their coins and identifying scams. The average Bitcoin investor has been around since the 2017 bull cycle and has most likely learned which exchanges are the safest, which wallets provide the best security, and how to avoid phishing scams.

Furthermore, there has been a general crackdown on scams on a global level as seen in the recent seizure of $4 Billion in crypto from the PlusToken Ponzi Scheme.

Crypto exchanges are also working together as a team whenever one of them experiences a hack. One good example is the recent KuCoin hack that resulted in the perpetrators of the hack, having their Bitcoin addresses blacklisted. This means they would have to look for alternative methods of cashing out their loot outside the known crypto exchanges.

Bitcoin is Simply Too Valuable to Lose

Another reason Bitcoin investors and traders are keeping their BTC safe is the simple fact that it is getting more valuable by the day. Earlier today, Bitcoin did what it does best by posting an all-time high of $28,605 – Binance rate – with $30k looking likely within the first few weeks of 2021.

Bitcoin’s Monthly and Yearly Close Will be the Highest in its History

However, one hurdle stands in Bitcoin’s way in the form of the monthly and yearly close that will occur tomorrow, December 31st. Such an event is sure to bring volatility but one fact is certain; that Bitcoin will have the highest monthly and yearly close since it was launched in January of 2009.

Share76Tweet47

Related Posts

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

by
April 14, 2021
0

U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At...

Top Crypto News: 04/14

by
April 14, 2021
0

After making a daily high of $64,804, Bitcoin is now trading at $62,902. However, the current BTC support is around...

Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B

by
April 14, 2021
0

Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today's COIN listing it's now worth $2.4...

$420M in leveraged long traders liquidated after XRP rallies to $1.96

by
April 14, 2021
0

XRP price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?...

BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche

by
April 14, 2021
0

PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of...

Load More
  • Trending
  • Comments
  • Latest
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

February 6, 2021
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

February 3, 2021

Mark Cuban Invests in Mintable

March 6, 2021
Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

February 17, 2021

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

April 14, 2021

Top Crypto News: 04/14

April 14, 2021

Garry Tan’s 2013 investment of $300K in Coinbase is now worth $2.4B

April 14, 2021

$420M in leveraged long traders liquidated after XRP rallies to $1.96

April 14, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Aave (AAVE)
  • Abra
  • Alt Season
  • altcoin
  • Altcoin Market Cap
  • Altcoin News
  • altcoin prices
  • altcoins
  • Altseason
  • Barstool Sports
  • Basic Attention Token (BAT)
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • Binance Smart Chain (BSC)
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • Bitcoin ETF
  • Bitcoin Futures
  • Bitcoin Miners
  • bitcoin network
  • Bitcoin Options
  • Bitcoin price
  • Bitcoin SV (BSV)
  • Bitfinex
  • BitGo
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • Cardano (ADA)
  • Cardano Upgrade
  • Cash app
  • CFTC
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Community
  • Chainlink Oracles
  • Chainlink Price Prediction
  • Changpeng Zhao
  • Charles Hoskinson
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinbase (COIN)
  • Coinmarketcap
  • Commodity Futures Trading Commission
  • Consensys
  • Craig Wright
  • Crypto Exchanges
  • cryptocurrency
  • Dash (DASH)
  • Dave Portnoy
  • Decentraland (MANA)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Dogecoin (DOGE)
  • Electric Coin Company
  • Elon Musk
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Fees
  • Ethereum Futures
  • Ethereum Miners
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Filecoin (FIL)
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Grayscale Ethereum Trust (ETHE)
  • Grayscale Investments
  • Guide
  • Guides
  • Huobi
  • Institutional Investors
  • jack dorsey
  • Jay Z
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LINK)
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Maker (MKR)
  • Market
  • Michael Saylor
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • Moneygram
  • Nasdaq
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • OKECoin
  • Other
  • Pantera Capital
  • Polkadot (DOT)
  • Polkadot Price Analysis
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Signal
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Square
  • Stimulus Bill
  • Stimulus Check
  • SushiSwap (SUSHI)
  • Tesla
  • Tether (USDT)
  • tether bitfinex lawsuit
  • Theta Network (THETA)
  • Theta Token
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Uniswap
  • UniSwap (UNI)
  • Wallets and Exchanges
  • WallStreetBets
  • Weiss Ratings
  • WhatsApp
  • World
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP Army
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Youtube
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.