
What happened to Bitcoinica?
Could you elaborate on the events surrounding the downfall of Bitcoinica? I'm curious to understand the specific circumstances that led to its demise. Was it a hacking attack? An internal mismanagement issue? Or perhaps a combination of both? How severe were the losses incurred, and what impact did it have on the overall cryptocurrency community? It seems like a significant event in the history of Bitcoin and digital currencies, so I'm keen to gain a deeper understanding of its significance and implications.
