🚨 Major crypto hacks have rocked the digital world, exposing vulnerabilities in blockchain systems. 💸 In 2016, the DAO hack on Ethereum saw hackers siphon $50M in ETH, forcing a controversial hard fork to recover funds. 😱 Mt. Gox, once the largest Bitcoin exchange, lost 850,000 BTC ($450M then) in 2014, shaking trust in crypto. 🕵️♂️
Fast forward, 2022 was brutal: Axie Infinity’s Ronin Bridge lost $625M due to a private key exploit. 😵 Wormhole, a cross-chain protocol, got hit for $320M when hackers minted unbacked tokens. 🕳️ Even Binance’s BNB Chain wasn’t spared, with $570M drained via a bridge vulnerability. 🔗
2023 saw Curve Finance lose $70M in a reentrancy attack, while 2024’s WazirX hack in India wiped out $230M, one of the largest in recent times. 🇮🇳🔐 These breaches often exploit smart contract bugs, phishing, or insider errors.
The takeaway? Security is paramount. 🛡️ Use hardware wallets, enable 2FA, and audit smart contracts. Decentralized doesn’t mean invincible—hackers are relentless. 😈 Still, blockchain’s transparency often helps track stolen funds, though recovery is rare. 💼 Stay vigilant, crypto fam! 🌐