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The story behind \50 confirmations, 5 minutes. Aragon (ANT), Approximately 70 confirmations, 14 minutes hours ( minutes). BitDAO (BIT), Approximately 70 confirmations. The victim lost over $50, worth of crypto assets as a result of the scam. Fraudulent Trading Platform Hacking. First Mining Bitcoin. Average transaction speed of 74 cryptocurrencies with the highest market cap as of January (in minutes).