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2022's Biggest Crypto Moments

Bankless

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Crypto Catastrophes of 2022

This chapter reviews the top five worst moments in the cryptocurrency world for 2022, including the sanctioning of Tornado Cash and the devastating collapse of Terra Luna. It highlights major security breaches like the Ronin and Wormhole hacks, and the subsequent fallout from the downfall of major players like FTX. The discussion underscores the critical importance of security practices and self-custody in the crypto landscape to prevent future calamities.

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