527 US Banks Have Failed Since Late 2008, but the Bitcoin Protocol ‘Still Hasn’t Been Hacked’
The Federal Deposit Insurance Corporation (FDIC) reports that there have been 527 bank failures in the U.S since the invention of Bitcoin in late 2008. While billions of dollars have been lost due to bank failures and hackings, the Bitcoin protocol itself has never been hacked.
Eric Voorhees, the founder of Shapeshift, tweeted recently:
Since 2009 through 2013, bank failures resulted in a total loss of at least US$65 billion, according to the FDIC. The largest bank failure in the history of the U.S. was the collapse of savings bank holding company Washington Mutual, which fell in 2008, taking with it over US$22 billion in losses. At the time, Bloomberg reported that “Washington Mutual, nicknamed WaMu, will lose about $21.7 billion from mortgages through 2011, more than the US$12 billion to US$19 billion that the company forecasted.”
Bankrate.com stated that the FDIC closes more banks each week. The number of bank failures have exponentially increased and have resulted in more than US$100 billion in losses over the last decade.
In February of 2015, international software security group Kaspersky Lab investigated a recent bank-security failure that resulted in US$1 billion in losses. Kaspersky reported that a cybergang called Carbanak hacked into 100 different financial institutions and stole up to US$10 million in each raid.
The cybergang used spear-phishing tactics to infect the computers of employees within well-established financial institutions. After months of surveillance, the hackers used their Carbanak malware to gain control of the banks’ internal networks and access the computers of administrators. They achieved access to bank operations and records, and they replicated the database accessible by employees in order to “mimic staff activity to transfer money and cash out.”
ein entscheidener Satz "the Bitcoin protocol itself has never been hacked."
es wurden immer nur die Schwachstellen der Börsen genutzt, nie das Protocol des Bitcoins, somit sinde die BTC einer verschlüsselten Wallet, SAFE!!!!