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On this day in 2021, China declared all cryptocurrency transactions illegal — the final and most sweeping of its many crypto bans.
This time, miners and exchanges had already fled. Bitcoin barely flinched.
On this day in 2017, China ordered all domestic cryptocurrency exchanges to shut down, effectively banning crypto trading in the world's most populous country.
Bitcoin dropped sharply — then rallied to an all-time high two months later.
On this day in 2018, Japanese exchange Zaif was hacked, losing approximately 5,966 BTC worth around $60 million.
The hackers gained unauthorized access to the exchange's hot wallets. Zaif's parent company was unable to absorb the loss and transferred operations to a new firm.
It was the second major Japanese exchange hack after Mt. Gox.