The market has finally stopped falling and rebounded, with Bitcoin back above 105,000! I just saw @GOATRollup's article and remembered that in June 2011, #Bitcoin once dropped to 0.01 USD. The black swan at that time was the Mt. Gox hack, so it’s a permanent reminder: Bitcoin security is non-negotiable. No one can defeat BTC, not in the past, and certainly not now.
🔸 In June 2011, #Bitcoin briefly crashed to $0.01.
It wasn’t a glitch. It was the result of Mt. Gox being hacked — a turning point that changed how we think about custody forever.
👇Scroll this timeline to relive the moment that birthed: “Not your keys, not your coins.”
A lasting reminder: Bitcoin security is non-negotiable.
👉 What’s your biggest worry when making a trade?
#BitcoinHistory #MtGox #CryptoSecurity
14.99K
76
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.