#Lumia binance New listing Lumia in about 1 hour Lumia is the first next-generation blockchain to provide a comprehensive solution across the entire life cycle of real world assets (RWAs), from asset tokenization, to liquidity aggregation, and connectivity to millions of DeFi and Web3 traders. $lumia
FTX Collapse: How One of the Largest Crypto Exchanges Crumbled Amid Scandal in 2022
In November 2022, FTX, a major cryptocurrency exchange founded by Sam Bankman-Fried, collapsed due to accusations of mismanagement, insolvency, and misuse of customer funds. The crash shook the entire crypto industry, sparking demands for stricter regulations and better investor protections. #BinanceSquareFamily $FTT
The Mt. Gox Meltdown: How the World's Largest Bitcoin Exchange Lost 850,000 BTC and Shook the Crypto World.
In 2014, Mt. Gox, which handled over 70% of all global Bitcoin transactions, collapsed after losing 850,000 Bitcoins—then worth $450 million. The exchange cited a massive security breach, leaving thousands of investors devastated. This event marked one of the most significant failures in cryptocurrency history, revealing the vulnerabilities and lack of regulation in the rapidly growing crypto market. #Dyor2024 $BTC