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Feb 25, 02:13 PM
MtGox Bitcoin Exchange Hacked 10 Years Ago, BTC ROI Over 9000% - $450M Value
Economics
Business

MtGox Bitcoin Exchange Hacked 10 Years Ago, BTC ROI Over 9000% - $450M Value

Authors
  • Bitcoin Magazine
  • Jameson Lopp
  • goodalexander
5

10 years ago, the world's biggest Bitcoin exchange, MtGox, was hacked for approximately 850,000 BTC, valued at $450 million at the time. Since then, BTC has seen a return on investment (ROI) of over 9000%. The collapse of MtGox led to questions about the future of Bitcoin, with some merchants still accepting it despite the turmoil.

Written with ChatGPT (GPT-3).

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