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A couple of giant cryptocurrency exchanges globally faced it hot this year especially after experiencing repetitive attacks from unknown hackers. Due to these attacks, both the investors and exchanges lost billions and billions of their money. This year saw quite a few weighty hacking episodes, we have brought you some of the major breaches of 2019.

Malevolent attackers have run away with more than $40 million worth of Bitcoin (around 7,000 BTC) from United States based cryptocurrency exchange Binance. Hackers used several hack techniques to make this extensive security breach on May 7, 2019.

Hackers have taken advantage of the digital and embryonic nature of the cryptocurrency industry, and led both crypto exchange companies and users to shed tears. Now, CoinBene, one of the leading exchanges on the market according to coinmarketcap (CMC), has announced that it wasn’t hacked. The company was only carrying out maintenance - so it tells its users not to be worried.

After the hack that saw over $16.2 million illegally stolen from New Zealand’s hacked cryptocurrency exchange, police in New Zealand has given the go-ahead to Cryptopia, a crypto exchange that was recently hacked, to reopen and start operating at any time it's ready, according to a report on Wed February 13, 2019, by the New Zealand Herald, a local news outlet.

New Zealand Police continue to excellently investigate the Cryptopia hack that took place on Monday, January 24, 2019. Via an official press release, the Police revealed on Feb 7, that the probe is progressing on well. Cryptopia is a cryptoasset exchange that is based in New Zealand.

Cryptopia – a crypto exchange platform based in Switzerland, was badly hacked on Monday, January 14, 2019, and has again faced another significant loss of money from the same hackers, just 2 weeks later.

Binance, the biggest cryptocurrency exchange in the world in terms of trading volume, has frozen funds which were maliciously stolen from the hacked Cryptopia digital currency exchange earlier last week.

After the heavy loss from the hacked Cryptopia cryptoasset exchange, around 40 individuals have come out to reclaim their funds, according to Radionz, a New Zealand-based news outlet. Cryptopia is the first crypto exchange platform to endure hack crises in this very year. After the distinct event, police have started looking into the matter and the total amount of money that has been stolen.

North Korea's hackers and operatives have entirely adopted crypto as a way of circumventing international penalties and collecting funds for the Pyongyang (the country's capital city) regime.