Can you provide a list of defunct cryptocurrency exchanges?
FelixDonosoApr 12, 2021 · 4 years ago3 answers
I am looking for a comprehensive list of cryptocurrency exchanges that are no longer in operation. Can you provide me with such a list? I am particularly interested in knowing about exchanges that have shut down due to security breaches or regulatory issues. Please include any relevant details about the reasons for their closure and the impact it had on users.
3 answers
- Ankit SrivastavJun 15, 2023 · 2 years agoSure, here is a list of defunct cryptocurrency exchanges: 1. Mt. Gox: Mt. Gox was once the largest Bitcoin exchange but filed for bankruptcy in 2014 after losing around 850,000 Bitcoins due to a security breach. 2. Cryptsy: Cryptsy was a popular altcoin exchange that closed in 2016 after a hack that resulted in the loss of millions of dollars worth of cryptocurrencies. 3. QuadrigaCX: QuadrigaCX was a Canadian exchange that shut down in 2019 after the sudden death of its founder, who was the only person with access to the exchange's cold wallets. This led to the loss of approximately $190 million in user funds. Please note that these are just a few examples, and there have been several other defunct exchanges in the cryptocurrency industry.
- miguel.ac04Jun 17, 2021 · 4 years agoOh, the world of cryptocurrency exchanges is full of stories of rise and fall. Here are a few defunct exchanges that come to mind: 1. Mt. Gox: The infamous Mt. Gox, once the go-to exchange for Bitcoin trading, met its demise in 2014. It was hacked, and the loss of Bitcoins was catastrophic. 2. Cryptsy: Cryptsy was a popular altcoin exchange until it suddenly disappeared in 2016. Rumor has it that the founder ran away with users' funds. 3. QuadrigaCX: This Canadian exchange made headlines when its founder passed away, taking the access to user funds with him. It's still a mystery what exactly happened to the millions of dollars worth of cryptocurrencies. Remember, investing in cryptocurrencies comes with risks, and it's essential to choose reputable and secure exchanges.
- Kaew CinhFeb 14, 2024 · a year agoCertainly! Here are a few defunct cryptocurrency exchanges: 1. Mt. Gox: Mt. Gox was once the leading Bitcoin exchange, but it faced a major security breach in 2014, resulting in its closure. 2. Cryptsy: Cryptsy was a popular altcoin exchange that closed its doors in 2016 due to alleged mismanagement and a subsequent lawsuit. 3. QuadrigaCX: QuadrigaCX, a Canadian exchange, made headlines when its CEO unexpectedly passed away, leaving behind a significant amount of user funds inaccessible. Please note that the cryptocurrency industry is constantly evolving, and it's crucial to conduct thorough research before engaging with any exchange.
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