Fireship

Blockchain networks are virtually unhackable, but crypto exchanges not so much. In 2016, hackers stole 4.5 billion in BTC from the Bitfinex exchange - in 2022 they were busted trying to launder the money. Let's take a look at security on crypto exchanges. #crypto #hacking #TheCodeReport 🔗 Resources DOJ Documents https://www.justice.gov/opa/pr/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency Bitfinex hack https://en.wikipedia.org/wiki/2016_Bitfinex_hack Blockchain in 100 Seconds https://youtu.be/qF7dkrce-mQ 🔥 Get More Content - Upgrade to PRO Upgrade to Fireship PRO at https://fireship.io/pro Use code lORhwXd2 for 25% off your first payment. 🎨 My Editor Settings - Atom One Dark - vscode-icons - Fira Code Font 🔖 Topics Covered - 2016 Bitfinex hack - Arrest of Ilya Lichtenstein and Heather Morgan - How does bitcoin get hacked - Are crypto exchanges safe? - Cold wallet vs Hot wallet - Multi-signature wallets - RazzleKhan rapper