AllCrypt

AllCrypt operated as a cryptocurrency exchange that facilitated the buying, selling, and trading of digital assets. Its platform placed particular emphasis on supporting niche altcoins that were not widely available on larger exchanges. In addition to standard trading functions, AllCrypt offered privacy‑oriented features such as the ability to create an account without providing an email address. The exchange was headquartered in the United States of America.

Prior to the 2015 incident, the exchange described itself as relatively small, suggesting that its limited scale made it an unlikely target for sophisticated attacks. Despite this self‑assessment, the service was built on a WordPress‑based infrastructure, which later proved to be a point of weakness. The platform’s focus on privacy and altcoin variety distinguished it from more mainstream exchanges that prioritized high‑volume tokens and required extensive personal information for registration. These characteristics attracted a user base interested in discreet trading of lesser‑known cryptocurrencies.

On March 17, 2015, AllCrypt suffered a security breach in which attackers exploited a vulnerability in the WordPress software underlying the exchange. The intrusion resulted in the theft of 42 bitcoin and rendered the exchange’s website inaccessible, displaying only a status message. The event disrupted operations and raised questions about the platform’s future viability, especially given its earlier claims of being too small to attract such attention. No further details about ownership, parent companies, or subsequent structural changes are provided in the available sources.