Cryptocurrency promises huge rewards, but it also comes with big risks; just ask the investors who lost millions in high-profile hacks. From the infamous Mt. Gox breach to the shocking collapse of FTX, the crypto world has witnessed major failures that serve as hard-hitting lessons for anyone looking to invest in digital assets.
These hacks aren’t just cautionary tales; they highlight the crucial importance of securing your crypto from theft, fraud, and mismanagement. In this article, we’ll break down why protecting your investments is more important than ever and how you can avoid making the same mistakes that have cost investors dearly.
In 2014, Mt. Gox, one of the largest Bitcoin exchanges in the world, lost somewhere…