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Hack history / 2014 / Hack or exploit

Picostocks

Hack or exploit on Feb 17, 2014 · Private Key Compromised

ONE SOURCE · 1 SOURCE
Lost
$4.4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#489
among thefts by dollars lost

What happened

Picostocks lost 5,896 BTC from both hot and cold wallets. Because the offline cold storage was somehow accessed, the theft was suspected to be an inside job or the result of compromised key storage, suggesting an internal actor or breach of key management.

Details

Date
Feb 17, 2014
Kind
Hack or exploit
Method
Private Key Compromised
How in
Keys, accounts and infrastructure
Target
Centralized exchange
Chains
Bitcoin

Reported by

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Cite this pageSwanBluechip, "Picostocks hack, Feb 17, 2014: $4.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht39770323dd/ (data as of 2026-10-31).
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