Which digital currency businesses have closed their doors?

1 answers

• Aireena Jel JariolMay 25, 2024 · a year ago
  Oh boy, let me tell you about some digital currency businesses that have closed their doors. One of the most infamous ones is Mt. Gox, which was once the largest Bitcoin exchange in the world. It filed for bankruptcy in 2014 after losing a massive amount of Bitcoins due to hacking. Another one is Coincheck, a Japanese exchange that got hacked and lost over $500 million worth of digital assets. And then there's QuadrigaCX, a Canadian exchange that had a major crisis when its founder died and took the passwords to the cold wallets with him. These are just a few examples, but they show how important security is in the digital currency industry. Always be careful where you store your coins, folks!
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