In 2020, the world has changed. After the initial shock of the pandemic and the subsequent collapse of markets, people adjusted to the new isolating reality. One of the fundamental changes in everyday life was the mass transition to remote work.Against this background, the number of cyber crimes has significantly increased. As the researchers predict, the number of attacks will continue to grow.The cryptocurrency community and companies have long been targeted by hackers. According to analysts, Until October 2020, the blockchain industry has lost over $13.6 billion in attacks since 2012.Unfortunately, the hacking of Bitcoin exchanges and wallets is far from new and in year 2020, amid the boom, DeFi projects have become a favorite target of hackers. Cipher Trace estimates that by November 2020, attackers had stolen almost $100 million from DeFi protocols.We will tell you about the main hacks of 2020, because of which users lost millions of dollars, and some companies closed down altogether.The biggest hack of the year was the attack on the cryptocurrency exchange KuCoin.Most often in 2020, DeFi protocols suffered from intruders actions. They attacked several users using instant loans.Besides hacking protocols and platforms, cybercriminals actively traded user data.KuCoin \u2014 one of the largest hacks in history (damage \u2014 $280 million)The September 2020 attack on the cryptocurrency exchange KuCoin was one of the largest hacks in the crypto history industry.Initially, the damage was estimated at $150 million, but later, analysts changed the estimate to $280 million. Hackers who hacked KuCoin laundered funds through mixers and the decentralized exchange Uniswap. By November, KuCoin returned most of the stolen funds to users and restored the deposit and withdrawal of coins.Dforce Hack (damage \u2014 $25 million)In April 2020, a hacker attacked the dForce DeFi protocol. At the time of the theft, the amount was almost $25 million.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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