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Year in review
2016 in crypto failure
Every CryptoMortem record with a primary date in 2016, ordered chronologically.
2
records
$0.1B
funds affected
2
resolved
0
ongoing
Bitfinex Hack — August 2016
Attackers extracted 119,756 BTC from Bitfinex segregated hot wallets, worth $72M at the time. In February 2022 the US government seized $4.7B of the proceeds and arrested the two-person laundering operation.
$72.0M affectedThe DAO Hack — June 2016
A recursive-call exploit drained 3.6 million ETH from the largest decentralised organisation on Ethereum, triggering a contentious hard fork that split the chain into ETH and ETC.
$50.0M affected