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The Mentougou Incident: A major disaster in the history of cryptocurrency
introduction
The Mt. Gox incident is one of the most famous security incidents in the history of cryptocurrency. In 2014, a large-scale Bitcoin theft occurred at the Japanese Bitcoin exchange Mt. Gox, resulting in huge economic losses and market turmoil. This article will analyze in detail the course, causes and impact of the Mt. Gox incident on the cryptocurrency industry.
Background
Mt. Gox was founded in 2010 and is headquartered in Tokyo, Japan. It was one of the world's largest Bitcoin trading platforms at the time, handling about 70% of the world's Bitcoin transactions. However, the exchange was not originally set up for cryptocurrency. Its initial business was trading Magic: The Gathering cards. Therefore, Mt. Gox's technical foundation was not very solid, which laid the hidden dangers for subsequent security issues.
The Mt. Gox incident is one of the most famous security incidents in the history of cryptocurrency. In 2014, a large-scale Bitcoin theft occurred at the Japanese Bitcoin exchange Mt. Gox, resulting in huge economic losses and market turmoil. This article will analyze in detail the course, causes and impact of the Mt. Gox incident on the cryptocurrency industry.
Background
Mt. Gox was founded in 2010 and is headquartered in Tokyo, Japan. It was one of the world's largest Bitcoin trading platforms at the time, handling about 70% of the world's Bitcoin transactions. However, the exchange was not originally set up for cryptocurrency. Its initial business was trading Magic: The Gathering cards. Therefore, Mt. Gox's technical foundation was not very solid, which laid the hidden dangers for subsequent security issues.
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Continue to smash the market in the short term. No suspense. Not much smashed. But using public opinion to continuously amplify it. Four taels is worth a thousand catties. The main force is very fierce. There is no need to check the market for spot goods. Hold it well and hold it well. Pay attention to liquidation of contracts and leverage. Don't fall before dawn. $BTC #砸盘 $UMA There are also various crazy pulls for currency pretenders. Prefer up and down pins
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