Mt. Gox Financial News
12.07 / 15:19
cryptocurrency
Mt. Gox
Bitcoin
Bitcoin set for worst week in over a year on Mt. Gox liquidation fears
Bitcoin was set for its biggest weekly fall in more than a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox and further selling by leveraged players after the cryptocurrency's strong run. The price of the world's largest cryptocurrency slid as much as 8% on the day to $53,523, its lowest since late February.
13.07 / 02:24
Ether
Mt. Gox
Bitcoin
Bitcoin Price
Bitcoin sinks 8% to four-month low, ether slides 9%
Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year, hurt by uncertainty over whether Joe Biden will remain the Democrats' U.S. presidential candidate and by worries about potential increases in crypto supply. Bitcoin prices fell 8% to $53,918, their lowest since February end on Friday. Ether slid 9% to $2,855, a one and half month low.
22.11 / 09:45
business
hacks
Mt. Gox
Bitcoin
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email hinting at soon-to-come repayments.
27.10 / 17:49
Blockchain
security
Mt. Gox
Bitcoin
Blockchain congestion and transaction queues actually deter ‘nefarious actors’ — Study
Researchers from Florida Atlantic University and the University of Mississippi recently published research indicating that blockchains with “full” blocks — especially when there’s a transaction queue — appear to have an added layer of protection against nefarious actors, money launderers, and would-be fraudsters.
21.09 / 10:07
business
hacks
Payments
Mt. Gox
Bankruptcy
Bitcoin
Mt. Gox Bitcoin repayment: The day that never comes
Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.
21.09 / 05:29
business
Mt. Gox
Bitcoin
2024
Breaking: Mt. Gox trustee changes repayment deadline to October 2024
Mt. Gox trustee Nobuaki Kobayashi has officially changed the deadline for paying back the exchanges' creditors from Oct. 31, 2023, to Oct. 31, 2024.
11.07 / 11:59
09.06 / 20:41
Hackers
hacks
Cybersecurity
security
exchanges
Mt. Gox
Bitcoin
Department
US Justice Department charges two men in Mt. Gox Hack
The United States Justice Department has unsealed charges against two men it says are responsible for the $400 million hack of former Bitcoin (BTC) exchange Mt. Gox. According to the announcement, 43-year-old Alexey Bilyuchenko and 29 year old Aleksandr Verner allegedly conspired to launder 647,000 BTC they stole from Mt. Gox through a hack of the exchange’s servers.
27.04 / 09:13
markets
Mt. Gox
Bitcoin
Bitcoin Price
Bitcoin price retargets $29K after Mt. Gox panic liquidates $320M
Bitcoin (BTC) returned to a familiar range on April 27 as panic over alleged Mt. Gox and United States government transactions faded.
07.04 / 10:03
business
Mt. Gox
Bitcoin
Mt. Gox repayment registrations close: Here’s what’s next
The saga of the Mt. Gox cryptocurrency exchange and the repayment of its creditors continues, as the company released a new statement as to what to expect now that its registration window has closed.
21.03 / 16:53
Adoption
Hackers
hacks
exchanges
Mt. Gox
Bitcoin
saga
Mt. Gox creditor saga: What lessons has the Bitcoin community learned?
In the early days of Bitcoin, Mt. Gox was by far the most prominent Bitcoin (BTC) exchange in the world. The Tokyo-based company was responsible for more than 70% of all Bitcoin transactions in 2013. However, by early 2014, it had collapsed spectacularly, leaving investors and traders with losses amounting to hundreds of millions of dollars.
09.03 / 12:13
exchanges
Mt. Gox
Bitcoin Community
Bitcoin
Mt Gox registration deadline pushed for another month
The registration dates for Mt. Gox creditors have been pushed back by another month. According to the announcement, the deadline has been pushed from March 10 to April 10, allowing creditors to file their claim for another month.
08.03 / 00:15
business
Law
Mt. Gox
creditors
Mt. Gox creditors have until March 10 to register and choose repayment method
Creditors from Mt. Gox have until the end of the week to register and select a repayment method as part of the plan by which they will be compensated for their losses with the defunct crypto exchange.
17.02 / 11:23
Mt. Gox
Bankruptcy
Bitcoin
Option
Mt. Gox top creditor goes with early payout option: Report
The top Mt. Gox creditor chose to have an early payout in Bitcoin (BTC), deciding against waiting longer for an even larger payment.
06.01 / 14:49
business
exchanges
Mt. Gox
Bitcoin
Mt.Gox repayment registration deadline moved to March 2023
Mt. Gox creditors will have more time to decide on which repayment method they want to be paid in and register their payee information at the defunct crypto exchange.
25.11 / 01:01
markets
Ethereum
Senate
Mt. Gox
Bears
Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
No matter if one analyzes Ether's (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200.
24.11 / 14:37
markets
Mt. Gox
Bitcoin
Bitcoin Price
Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales
Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests.
24.11 / 09:33
Blockchain
Report
Mt. Gox
Bitcoin
10,000 BTC moves off crypto wallet linked to Mt. Gox hack
A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23.
24.11 / 06:47
Blockchain
Report
Mt. Gox
Bitcoin
fall
Crypto has survived worse than the fall of FTX: Chainalysis
Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.
22.11 / 15:27
business
Mt. Gox
Bitcoin
Bitcoin will survive failure of ‘any giant’ in crypto, Samson Mow says
The collapse of FTX has triggered a notable drop in the price of Bitcoin (BTC), but that in no case means that BTC can be destroyed by failing cryptocurrency firms, according to Bitcoin proponent Samson Mow.
19.11 / 11:59
Adoption
Mt. Gox
Bitcoin
Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation
One of the biggest factors differentiating Bitcoin (BTC) from fiat currency and most cryptocurrencies is the hard limit of 21 million on its total circulating supply. However, the demise of numerous crypto exchanges over the last decade has permanently taken out at least 5.7% (1.2 million BTC) of the total issuable Bitcoin from circulation.
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