Hacking

Hacking usually refers to unauthorised intrusion into a network or a computer. The hacker usually seeks to accomplish a goal different to that of the computer or network. Hackers employ a variety of techniques including: Password cracking, Vulnerability scanners, Spoofing attacks, trojan horses, key loggers etc. In the cryptocurrency exchange, the largest hacks have been: Bithumb - Bithumb is a South Korean exchange that was a subject of a hack worth $30 million. At the time, it was the sixth largest exchange in the world based on trading volume. Coinrail - Coinrail is a South Koren exchange that was hacked in July 2018, with the hack allegedly being worth $42 million. BitGrail - was an Italian exchange that was hacked and $198 million were stollen Coincheck - was a Japanese exchange that was hacked for around $535 million.

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