🚨 "From Code Cracks to Country Hacks: June 9th’s Crypto Turning Points!" 🚨
#todayincrypto
📌 June 9, 2011 — Bitcoin China Founded
Bitcoin China, one of the earliest Bitcoin exchanges in Asia, was established on this day — marking a major milestone for cryptocurrency adoption in China moneycontrol.com+6followin.io+6binance.com+6.
📌 June 9, 2016 — DAO Security Vulnerability Disclosed
Peter Vessenes, founder of the Blockchain Foundation, publicly revealed a critical recursive-call bug in The DAO smart contract. This flaw was a precursor to the infamous DAO exploit later that month, which sparked a major debate in the Ethereum community over whether to execute a hard fork en.wikipedia.org+2en.wikipedia.org+2en.wikipedia.org+2.
📌 June 9, 2021 — El Salvador Declares Bitcoin as Legal Tender
The Legislative Assembly of El Salvador passed the "Bitcoin Law" with a 62–22 vote, making it the first country in the world to accept Bitcoin as official currency alongside the U.S. dollar bisonapp.com+3reuters.com+3en.wikipedia.org+3. The decision enabled tax payments in BTC and pledged use of geothermal energy for mining. The change officially took effect on September 7, 2021, 90 days after the bill's publication cryptopotato.com+2en.wikipedia.org+2reuters.com+2.
📆 Why These Events Matter Today
EventSignificanceLong-Term ImpactBitcoin China (2011)Early exchange in AsiaHelped drive global BTC adoptionDAO vulnerability (2016)Exposed smart contract weaknessesLed to Ethereum split: ETH vs. ETCEl Salvador BTC legal tender (2021)First national adoption of cryptoSet precedent for sovereign use of digital assets
