It’s 519 again, let’s take stock of the major tragedies in the cryptocurrency world!
Those who have experienced the Mentougou, 94, 312, 519, and LUNA/FTX crises are definitely old hands in the cryptocurrency circle.
It’s 519 again soon. Today, I will review the tragedies in the cryptocurrency circle with you all, and remind you that investment is risky and you need to be cautious when entering the circle~
Let's sort it out with you from the chronological order of the tragedy.
Mentougou
The Mt. Gox incident in February 2014 is considered one of the most serious incidents in the history of the cryptocurrency industry. At that time, the world's largest Bitcoin exchange, Mt. Gox, suffered a hacker attack and lost nearly 850,000 Bitcoins, accounting for about 7% of the world's total Bitcoin. This incident not only caused the Bitcoin price to plummet by 80%, but also triggered a crisis of confidence in the cryptocurrency market.