Bitcoin was launched in 2009. It's was about $0.0008 and if we see today's chart it's about $19k(-). Within a ten years it's value surged with incredible amount. But on the negative side there too are many reports of being scammed, hacked, theft and fraud.

Bitcoin transactions are peer-to-peer, no any adminstration nor even government can track the transitions. If this is the case then where our coins have the risks? Of course, coins are stored in wallet. There are two types of wallets ,

1. Hot wallets

2. Cold wallets

Since, hot wallets are linked to internet, and we know in this world of internet anything can be hacked. The wallets that we use are the place which has high risk.And another risk point is , we do trade in trading platform, which utilizes the internet. This platform gets hacked. nd people get scammed and in hands of fraud because of lack of study. 

The first report of been hacked 

This post---->>  https://bitcointalk.org/index.php?topic=16457.0 

Is taken as the first case of Bitcoin hack. He claims that his 25000 bitcoin was stolen.

From his post how it happened, "The theft occurred right after someone broke into my slush's pool account. In a moment of sheer stupidity I did not think that maybe my whole system was compromised. I merely thought that someone brute forced my slush's pool password. I then proceeded to change the password on the pool from a secure computer".

There are many stories of being hacked , scam, fraud , theft, but remember the risk is in the storage of our coins. Try to  secure your coins. Use cold wallets , I recommend it. If not then try wallets which have long history . And don't store huge amount of coin in hot wallets for that use cold wallet.

Don't be another victim.

Thank you