More than $760 million in cryptocurrency was stolen from exchanges in 2017 , nearly three times the amount stolen in the first half of 2018 , according to blockchain security firm CipherTrace . The rise in crypto theft has spurred a growth of global money-laundering services, with some even advertising through Google AdWords . CipherTrace said the growth in the number of cryptocurrencies and new exchanges, often with security vulnerabilities, has attracted a new generation of cyber criminals.
More than $760 million in cryptocurrency was stolen from exchanges in the first half of 2018, three times the amount stolen in 2017, according to blockchain security firm CipherTrace. The rise in crypto theft has spurred a growth of global money-laundering services, with some even advertising through Google AdWords. CipherTrace said the growth in the number of cryptocurrencies and new exchanges, often with security vulnerabilities, has attracted a new generation of cyber criminals.