Crypto Platform Theft Roundup: Binance's $6.3 Billion This Time Tops the List, with Cumulative Losses of Approximately $10.945 Billion Over 15 Years
has compiled 24 representative incidents of major thefts or asset losses at centralized trading platforms between June 2011 and October 2026, with estimated cumulative losses of approximately $10.945 billion. Among them, today's Binance security incident, with an impact scale of approximately $6.3 billion according to official disclosure, is the largest single incident; about $3 billion has currently been frozen on-chain, and the final net loss is still pending confirmation. The main incidents are as follows:
In June 2011, Mt. Gox was hacked, with losses of approximately 850,000 BTC, estimated at about $450 million, and it ultimately went bankrupt after long-term operational problems.
In January 2015, Bitstamp's hot wallet was compromised, with losses of approximately $5 million in BTC.
In August 2016, multiple wallet addresses at Bitfinex were attacked, with losses of approximately $72 million in BTC.
In January 2018, Coincheck's hot wallet was stolen, with losses of approximately $523 million in NEM.
In September 2018, Zaif's hot wallet was stolen, involving BTC, BCH, MONA, and others, totaling approximately $60 million.
In May 2019, Binance experienced abnormal withdrawals due to leaked API keys, with losses of approximately 7,000 BTC, or about $40 million.
In November 2019, UPbit's hot wallet was stolen, with losses of approximately $49 million in ETH.
In September 2020, KuCoin's private keys leaked, with losses across multiple token types of approximately $285 million, some of which was later recovered.
In December 2021, BitMart's hot wallet was stolen, involving ETH, BSC, and others, totaling approximately $196 million.
In January 2022, Crypto.com user accounts were stolen, involving BTC, ETH, and others, totaling approximately $34 million.
In November 2022, FTX misappropriated funds and went bankrupt, with losses related to multiple token types of approximately $477 million.
In November 2022, Deribit's hot wallet was stolen, involving BTC, ETH, and others, totaling approximately $28 million.
In May 2024, DMM Bitcoin's hot wallet was stolen, with losses of approximately $305 million in BTC.
In June 2024, BtcTurk's hot wallet was stolen, with multiple token types totaling approximately $55 million.
In July 2024, WazirX's hot wallet was stolen, with multiple token types totaling approximately $230 million.
In September 2024, BingX's hot wallet was hacked, with approximately $43 million in various tokens stolen.
In January 2025, Phemex's hot wallet was hacked, with approximately $85 million in various tokens stolen.
In February 2025, Bybit suffered a security exploit, losing approximately $1.5 billion in ETH.
In July 2025, BigONE's hot wallet was hacked, with approximately $27 million in various tokens stolen.
In February 2026, Tether's merchant platform was hacked, with approximately $120 million stolen.
In March 2026, Poloniex's hot wallet was hacked, with approximately $70 million in various tokens stolen.
In April 2026, HTX's hot wallet was hacked, involving ETH, TRX, and others, with approximately $80 million stolen.
In June 2026, CoinEx's hot wallet was hacked, with approximately $54 million in various tokens stolen.
In October 2026, during a Binance security incident, a DevOps device was suspected to have been compromised and involved EIP-7702 authorization, with official disclosure indicating an impact scale of approximately $6.3 billion.