Chinese bitcoin lost

You should be talking about the loss of bitcoin account password of bitcoin trading platform or online wallet. There are generally three solutions:

1. Retrieve or reset the password through the bound mobile phone number or email
2. Help people find or reset their passwords through customer service staff
3. Retrieve or reset the password by submitting the real name authentication information

According to Chaina alysis, a research firm, up to 20% of the existing bitcoin has disappeared forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin

1. Cryptocurrency hackers

the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are a hot target for cyber criminals, accounting for 27% of cyber attacks in 2018. Mt. GOx was the first high-profile cryptocurrency hacker, but since then, many major exchanges have been hacked, including bitfinex, bitstamp and, more recently, cryptopia, the cryptocurrency exchange in New Zealand, which lost 9.4% of its total positions

the malware on torrent website and Google play store are used to steal passwords from vulnerable categories. For example, there is a malware clipper that uses users' behavior of ing and pasting wallet addresses to steal passwords. For example, if you send BTC to an address, you usually and paste the address, because it is a long string of random characters, clipper malware will exchange wallet addresses, which means that when you paste, you will send encryption to the wrong address

Research firm chainanaalysis estimates that up to 20% of the existing bitcoin is gone forever. At the time of the study, about 3.8 million bitcoins could never be retrieved. In this article, we will explore all possible ways to lose bitcoin

1. Cryptocurrency hackers

the hacker behavior of cryptocurrency exchange is the main reason for the loss of bitcoin. Exchanges are hot targets for cybercriminals, and Mt. GOx is the first high-profile cryptocurrency hacker. Since then, many major exchanges have been hacked, including bitfinex, bitstamp and cryptopia, the cryptocurrency exchange in New Zealand, which recently lost 9.4% of its total holdings

the people who have new access to encryption technology have become the victims of false initial token issuance (ICO). They publicize themselves as a new cryptocurrency investment and will get high returns. They use "fear of missing" (fomo) because the project will never come true and the money will never be returned to investors. Experienced investors know how to analyze the project according to the team to assess whether they have the ability to fulfill their commitments, whether they have a minimum viable proct, etc. One of the most famous fraulent ICOS is centra, endorsed by Floyd Mayweather

8. Pump and mping program

coaxing and mping are price manipulation. Swindlers use social media groups to hype projects or tokens called "junk money". Because they have no added value or real use cases, their value will increase exponentially overnight. As soon as the value increases, fraudsters sell their tokens. Soon after that, the price of selling a large number of tokens drops sharply, resulting in huge losses for those who hold them for a long time or buy them at a higher price. Celebrities or people are also used to hype the so-called "ng money"

9. Refrigeration equipment is lost or damaged

many people start using bitcoin when it is not valuable. They throw away their old computers, misplaced hardware wallets, etc., or their computers are damaged

10. Careless

send bitcoin to the wrong address, some wallets and transactions, all options to prevent users from sending bitcoin to the wrong wallet (non bitcoin)