BitJackass Diary Part 3

Hackers are not criminals
hackers are mostly talented guys
and the criminals are those whoinvolves them in the commission of a crime...

Dmitry Chepchugov, gLava of the Moscow Office "R" of the Ministry of Internal Affairs

At the moment, more and more efforts of attackers are aimed at taking possession of other people's digital assets in one way or another.Fraudsters use various tricks, ranging from physical impact to hacker attacks.
If we entrust the storage of fiat currency to financial institutions, then the responsibility for saving digital assets lies withEntirely on our shoulders.
By using online resources or storage services, you are entrusting your funds to third parties.Therefore, there is a potential for losing money.
Here are some of the most notorious stories of hacker attacks:

August 2010: Hacking Bitcoin
Bitcoin users are well aware that the volume of cryptocurrency issuance is limited to 21 million BTC.However, in 2010, a hacker found a vulnerability in Bitcoin's software that allowed him to create a block with a transaction containing 184 million BTC.However, the bug was soon fixed.

March 2014: Hacking Mt. Gox
Probably one of the darkest spots in the history of cryptocurrencies is the hack of the Mt exchange.Gox, which occurred in 2014, as a result of which $473 million in bitcoins were stolen.This incident led to the bankruptcy of Mt.Gox in the same year, and creditors are still demanding their money back.

January 2015: Hacking Bitstamp
Less than a year after Mt.Gox was hacked, another major exchange was attacked.At the beginning of 2015, the vault of the Bitstamp exchange was hacked.Hackers looted $5.1 million in bitcoins.As a result of the investigation, it was found that one of the exchange's administrators was a victim of a phishing attack.

June 2016: Hacking the Decentralized Autonomous Organization (The DAO)
A vulnerability in The DAO code allowed hackerssteal about $50 million in Ethereum. Cryptocurrency developers made a controversial decision and hard forked the blockchain to return funds to the rightful owners. A group of users decided to preserve the original cryptocurrency blockchain, which exists to this day under the name Ethereum Classic.

July 2016: Hack Steemit.com
About a month after the hack of The DAO attackthe social network on the Steem blockchain was exposed. Then 260 accounts of network users were hacked, and the hackers lost $85,000 in Steem and Steem Dollar cryptocurrencies.

August 2016: Hack Bitfinex
The summer of 2016 turned out to be fruitful forhackers. In August, $72 million in bitcoins were stolen from the Bitfinex exchange. It was reported that a vulnerability in multi-signature wallets on Bitfinex allowed the hackers to do this.

July 2017: CoinDash Hack
The launch of the CoinDash project was associated withmajor troubles for organizers and investors. The hacker was able to spoof the address to which investors were supposed to send ETH in order to receive project tokens. In this case, the hacker was able to steal about $7 million.

July 2017: Hack Parity
That same month, a hacker discovered a vulnerability inParity wallets that used multi-signature. This allowed him to gain access to the money raised by the Edgeless Casino, Swarm City and aeternity projects during the ICO. The hacker's loot was $32 million in Ethereum. The damage from this attack could have been more significant if a group of “white hat” hackers had not intervened and, using the same vulnerability, were able to protect some of the users’ funds.

July 2017: Veritaseum Hack
2 months after the completion of the ICO, hackersgained access to the Veritaseum wallet and stole $8 million. Veritaseum is a cryptocurrency used in the development of software for decentralized trading in capital markets.

August 2017: Hack Enigma
Even before the start of the Enigma ICO, hackers were able to obtainaccess to the website, Slack group and the project's mailing list and informed investors that they were conducting a token pre-sale. This allowed them to raise about $500,000 in Ethereum.

November 2017: Tether Hack
There is no complete information about the attack on Tether yet,However, it is known that hackers were able to break into the company's vault and steal $30.9 million worth of USDT tokens. Tether claims to be able to prevent stolen tokens from entering the cryptocurrency market.

Best regards, BitJackass.