OKX CEO Star Xu Says Bitcoin Nearly Died Several Times but Came Back Stronger
- —Xu cited hash power attacks and network disputes in 2011–2012 as early threats to Bitcoin
- —Mt. Gox filed for bankruptcy in 2014 after about 850,000 BTC went missing
- —The scaling debate led to the Bitcoin Cash hard fork in August 2017
- —OKX publishes monthly proof-of-reserves and does not use customer deposits for speculation, Xu said
Why it matters: The head of a major exchange argues crypto has repeatedly recovered from crises, while OKX bets on stablecoins and tokenized assets for its next phase of growth.
Source: Blockonomi