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Exchange record

Altsbit

Italy-linked centralized cryptocurrency exchange that announced it would shut down after a February 2020 hack and asset loss.

CEXDeadHack
Also known as: Altsbit Exchange, Altsbit.com

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Key facts

Launch date
2019-12-01
Death date
2020-05-08
Years
2019–2020
Origin
Italy
Confidence
medium
Last verified
2026-05-23

URL handling

Preferred action
Use archived URL first for historical viewing.
URL status
Dead domain
Original URL
https://altsbit.com/
Archived URL
View archived site

Summary

Italy-linked centralized cryptocurrency exchange that announced it would shut down after a February 2020 hack and asset loss.

Timeline

Altsbit operated as a small centralized exchange
2019-01-01launchedmedium

Altsbit operated as a small centralized cryptocurrency exchange before its 2020 security incident and shutdown.

Altsbit launched
2019-12-01launchedmedium

Altsbit began operating as a centralized exchange; launch date precision is currently limited to month level.

Altsbit reported a major hack
2020-02-06hackcritical

Altsbit reported that a February 2020 hack caused significant cryptocurrency losses across multiple assets.

Operations ceased
2020-05-08shutdown_effectivecritical

Altsbit ceased operations after the crisis that ultimately ended the platform.

Altsbit shut down after hack
2020-05-08shutdown_announcedcritical

Altsbit announced a final withdrawal deadline and shutdown following the earlier hack-related losses.

Evidence

Archive index for the former official Altsbit site
Internet Archive2026-04-08archive_capturemedium reliabilityurl_historyarchive
Altsbit to shut down in May 2020
Altcoin Ninjas2020-02-11news_articlemedium reliabilitydeath_reasonarchive
Altsbit closure after hack
CoinDesk2020-02-10news_articlemedium reliabilityentityarchive
Altsbit exchange profile
CoinMarketCap—database_referencemedium reliabilityentityarchive
Hacked Italian Exchange Altsbit to Shut Down in May 2020
Cointelegraph2020-02-10news_articlemedium reliabilityeventarchive
Altsbit original domain archive
Internet Archive—archive_capturemedium reliabilityurl_historyarchive

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Notes and record state

Record note
Public coverage indicates the venue was only a few months old by February 2020. The operational end marker uses the published refund deadline in May 2020.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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