
Explains: The Dangers of Bitcoin Exchanges - $8 Billion GONE
Bitcoin Well Podcast
- Published
- June 25, 2026
- Duration
- 16:12
- Summary source
- description
- Last updated
- Jun 25, 2026
Discusses society, culture.
Summary
Bitcoin Well Explains: The Dangers of Bitcoin Exchanges "Can't I just leave it on the exchange?" Every Bitcoin beginner asks this. This video answers it directly and permanently. Mt. Gox lost 850,000 Bitcoin. FTX vaporized $8 billion overnight. Bybit lost $1.4 billion in a single hack last year — the largest theft in crypto history. Different decades, dif…
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Show notes
Bitcoin Well Explains: The Dangers of Bitcoin Exchanges "Can't I just leave it on the exchange?" Every Bitcoin beginner asks this. This video answers it directly and permanently. Mt. Gox lost 850,000 Bitcoin. FTX vaporized $8 billion overnight. Bybit lost $1.4 billion in a single hack last year — the largest theft in crypto history. Different decades, different countries, different excuses. Same outcome every time. The people who held their own keys were safe. Everyone else learned a painful les
Themes
- society
- culture