The cryptocurrency world is ever-changing. Which shocking black swan events do you remember?
In February 2014, the Mt. Gox incident shocked the world as the largest Bitcoin exchange was hacked, and 850,000 Bitcoins vanished without a trace. The price of Bitcoin plummeted, severely undermining market trust.
In September 2017, the cryptocurrency market fell into chaotic turmoil, with a market value that evaporated by 80% like a bubble. Investors experienced a fall from heaven to hell.
On March 12, 2020, the price of Ethereum collapsed, approaching the $80 mark. The market's unpredictability left people trembling, yet it did not extinguish the obsession with the potential of cryptocurrencies.
On May 19, 2021, the sound of 600,000 contract liquidations still lingers in our ears, as investors' dreams of wealth shattered all around. The shadow of risk loomed over the entire market.
In 2022, the Luna incident stirred up a storm in the decentralized finance sector, becoming a critical turning point in the market's fate. Shortly after, the FTX collapse caused a crisis of trust to spread like a plague, plunging the market into an endless winter.
Which of these darkest moments in the cryptocurrency world have you personally experienced?
