Mt. Gox News
Latest Mt. Gox News
Several the Mt. Gox platform creditors immediately reported an update to their claims account
Creditors of long-failed cryptocurrency exchange Mt. Gox have finally started receiving payments for their Bitcoin (BTC), which has been locked up on the exchange since February 2014. On Dec. 25, on the mtgoxinsolvency Reddit page, users speculated that Mt.Gox was…
Creditors of Mt. Gox, a Bitcoin exchange that ceased operations after losing 850,000 BTC in a 2014 hack, have reportedly received an email indicating forthcoming repayments.
Mt. Gox’s trustee, Nobuaki Kobayashi, announced that the deadline for the exchange’s scheduled repayments had been extended by 12 months. In a Sept. 21 letter, Nobuaki Kobayashi, the Rehabilitation Trustee for the once-dominant Bitcoin exchange Mt. Gox, announced a one-year…
Bitcoin developers responded to a lawsuit initiated by self-proclaimed Bitcoin creator Craig Wright, often mocked with the nickname “faketoshi.” On Aug. 21, Bitcoin Legal Defense Fund (BLDF) filed a preliminary issue application with the UK High Court against Wright’s firm…
Mark Karpelès, the former CEO of the fallen crypto exchange Mt. Gox, officially revealed the funds in the 1Feex address are “considered stolen property.” According to a recent tweet, Karpelès claims that the 79956.55 Bitcoins (BTC) were sent to the…
Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its…
In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890…
The deadline for Mt. Gox creditors to submit their repayment details expired on April 6, opening the repayment window until Oct. 31, 2023. The repayments might take time, and the period could be extended with permission from the Tokyo District…
The Mt. Gox Investment Fund, the biggest creditor of the bankrupt Bitcoin exchange Mt. Gox, has announced that it will not sell the Bitcoins it is due to receive later this year.
The two largest creditors of the Mt. Gox crypto exchange have opted for an early payout in bitcoin rather than fiat currency. According to a Bloomberg report, Mt. Gox Investment Fund (MGIF) picked an early payout in September this year.…
, Mark Karpeles said he got himself involved with crypto-related stuff back in 2010. Back then, he had a hosting company, and one of his clients reported that he had problems making payments via bank and was considering shifting to making payments via bitcoin.
FTX’s collapse, of course, happens to be one of the biggest black swan events in the crypto market recently but Chainalysis is positive.
A Bitcoin wallet of the now-defunct BTC-e exchange — an institution involved with 2014’s Mt. Gox hack — woke up to send its biggest transaction since August 2017. On Nov. 23, a crypto wallet holding BTC-e’s Bitcoin sent 10,000 BTC…
Tech innovation is an inevitable exercise that looks forward to transforming the phase of various industries. Ideally, new systems and solutions need to be developed or upgraded to meet current requirements. Digital currencies and blockchains are some of the solutions…
The reactivation of dormant Bitcoin accounts has been quite common in recent times. Over 10 million bitcoins had lain in inactive Bitcoin addresses as of July 2020. In May 2020, Crystal analytics reported that close to 50 BTC mined on…