14 years ago, the "George Clooney" hack caused the Mt. Gox Bitcoin price to plummet to $0.01

币界网报道:Background information: 14 years ago, a Bitcoin price crash occurred on the Mt. Gox exchange, when the price of Bitcoin once fell to $0.01. The incident occurred in June 2011. Mt. Gox was the main platform for Bitcoin trading at the time, and almost all Bitcoin trading volume was conducted here. Main events: A hacker "georgeclooney" used a leaked user account database to crack a large number of account passwords and sold a large number of Bitcoins in a short period of time, causing the price of Bitcoin to plummet. The attack resulted in the theft of about 2,000 Bitcoins (worth less than $30,000 at the time). The Mt. Gox exchange then took measures to roll back the trading engine and limit withdrawal amounts, ultimately controlling the losses to a certain extent. Impact of the incident: Although the scale of this incident was small, it attracted much attention due to its drama and impact on the Bitcoin price discovery mechanism at the time. It also reflects the fragility of the security of early cryptocurrency exchanges. Since then, the price of Bitcoin has gradually stabilized, and the scenario of "Bitcoin returning to zero" no longer exists. Special note: The Coin World mentioned in the article did not appear.

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