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2014
Event
incident
Mt. Gox collapses
What happened
Mt. Gox, long the dominant exchange, halted withdrawals and filed for bankruptcy, having lost roughly 850,000 BTC. It was the largest catastrophe of Bitcoin's early era.
Significance
Mt. Gox seared "not your keys, not your coins" into Bitcoin's culture and proved the network could survive the failure of even its biggest institution.