How could a Bitcoin exchange get hacked?

The hackers used spear-phishing attacks to gain access to bitcoin exchanges' wallets. In some cases, they may have targeted executives' personal email accounts. ... “Some phishing campaigns consist of non-targeted mass emails sent to a large number of people.

State of the industry – February 2020: As it stands, 2019 saw a record number of twelve bitcoin exchange

s being hacked. That being said, across the board the amounts of crypto stolen were worth less. In total, $292,665,886 worth of cryptocurrency and 510,000 user logins were stolen from bitocin exchanges in 2019.

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