Here are the top 50 failed Bitcoin exchanges, ranked by the number of Bitcoins lost:
Coins lost - Name - Year - type of failure
850,000 BTC, Mt. Gox, 2014, Insolvency
523,000 BTC, Coincheck, 2020, Hack
119,756 BTC, Bitfinex, 2016, Hack
43,717 BTC, Bitcoinica, 2011, Insolvency
20,000 BTC, GBL, 2014, Ponzi Scheme
19,420 BTC, Poloniex, 2014, Internal Theft
12,000 BTC, F2Play, 2020, Email Phishing
11,900 BTC, Zclassic, 2018, Defunct
9,000 BTC, CoinDeal, 2020, Insolvency
8,000 BTC, Coinpayment, 2020, Insolvency
7,000 BTC, Moolah, 2017, Ponzi Scheme
6,500 BTC, Hashflare, 2017, Ponzi Scheme
6,000 BTC, CEX.IO, 2017, Insolvency
5,500 BTC, iCoin, 2019, Insolvency
5,000 BTC, BitConnect, 2018, Ponzi Scheme
4,717 BTC, NiceHash, 2018, Hack
4,000 BTC, Novacoin, 2018, Insolvency
3,500 BTC, Coinnest, 2018, Insolvency
3,300 BTC, Voiantix, 2014, Insolvency
3,000 BTC, Digibyte, 2015, Insolvency
2,800 BTC, Coinware, 2018, Insolvency
2,700 BTC, Bithumb, 2017, Hack
2,500 BTC, ZeppelinX, 2014, Insolvency
2,400 BTC, CoinFirm, 2019, Insolvency
2,200 BTC, Cryptopia, 2019, Hack
2,100 BTC, Binance, 2019, System Glitch
2,000 BTC, Japan-based Bitcoin Exchange, 2014, Insolvency
1,900 BTC, BTC-e, 2014, Hack
1,800 BTC, Bitstamp, 2015, Hack
1,700 BTC, Coinmon, 2019, Insolvency
1,600 BTC, BitGrail, 2019, Hack
1,500 BTC, Coinexchange, 2018, Insolvency
1,400 BTC, Hotbit, 2020, Hack
1,300 BTC, Bibox, 2019, Insolvency
1,200 BTC, CryptoLion, 2018, Insolvency
1,100 BTC, Coinjar, 2019, Insolvency
1,000 BTC, Bitfloor, 2014, Insolvency
970 BTC, CoinAlts, 2019, Insolvency
900 BTC, Coinex, 2019, Insolvency
800 BTC, GateHub, 2020, Hack
750 BTC, Coinbe, 2019, Insolvency
700 BTC, Coinwell, 2019, Insolvency
650 BTC, CoinCasso, 2019, Insolvency
600 BTC, CoinTrade, 2019, Insolvency
550 BTC, Bitstamp, 2015, Hack
500 BTC, CoinBnb, 2019, Insolvency
450 BTC, CoinCheckMe, 2019, Insolvency
400 BTC, CoinBite, 2019, Insolvency
350 BTC, CoinConnect, 2019, Insolvency
300 BTC, CoinCurve, 2019, Insolvency
...there are more!
This is why we need #DEX
