Crypto Currency

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The crypto currency exchange this year because of the break-ins have lost by 250% more than in the past

Losses caused by the hacking of crypto-exchanges in the first nine months of 2018 amounted to $927 million, which is 250% more than it was throughout 2017.

Reuters in its publication cites a report for the 3rd quarter of 2018 from the information firm CipherTrace, which estimated that this year from the crypto-exchange was stolen 927 million dollars against a total of 266 million dollars last year.

According to the report, the "petty" theft of cryptocurrency, from 20 to 60 million dollars, is also steadily growing, and their total amount was 173 million dollars in the third quarter.

CipherTrace CEO Dave Jevans, who is also the Chairman of the global organization against cybercrime, said that the real numbers are probably 50% more than those that have been successfully traced. He also stressed that CipherTrace knows about the theft of more than $ 60 million in cryptocurrency, which was not reported.

Jevans stressed that many leading crypto-exchanges operate in countries that still have "weak" rules in the field of anti-money laundering, and suggested that since 2009, $2.5 billion has been laundered with the help of bitcoin.:

Regulators are still a couple of years behind because there are only a few countries that actually enforce strong anti-money laundering laws.

CipherTrace monitors about 350 million transactions in 20 major stock exchanges by trading volume. 2018 year began with a record breaking of the Japanese crypto-exchange Coincheck, which cost the last 532 million us dollars, which amounted to more than half of the losses for 2018 year.

Link to the source of information (Russian) - https://altstake.io/news/kriptobirghi-v-etom-godu-iz-za-vzlomov-poteryali-na-250-bolyshe-chem-v-proshlom