(
CRYPTOcurrency hacking) Stealing cryptocurrencies. Crypto hacking is accomplished by rudimentary phishing schemes that lure people to a phony coin exchange as well as by using sophisticated software tools that compromise a coin exchange. Over the past decade, hundreds of millions of dollars' worth of crypto coins have been stolen. The first was the $450 million loss from the Japan-based Mt. Gox exchange in 2014 (see
Mt. Gox). For other crypto hacks in this encyclopedia, see
Ethereum Classic,
QuadrigaCX,
OneCoin,
EthereumMax,
Thodex and
crypto scam. See
phishing,
cryptojacking,
cryptoshuffler and
cryptocurrency exchange.