Cryptocurrency Analysis and News Portal
Summary: Creditors of Mt. Gox could soon get repaid in Bitcoin for their 2014 losses when the exchange was hacked. Mt. Gox’s bankruptcy trustee currently holds 141,686 Bitcoin. The distribution and potential selling of the Bitcoin by creditors could slow BTC’s recovery in the crypto markets. Creditors of the non-functioning crypto exchange Mt. Gox
Read More
Victims from crypto exchange Mt. Gox hacked could finally see compensation for their lost Bitcoin. Almost a decade after an attack forced the platform to shut down, users began a long litigation process which could be which could bear fruit in the next coming months. Related Reading | Bitcoin Funding Rates Are
Read More
Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back.In fresh correspondence dated July 6, attorney Nobuaki Kobayashi, appointed trustee in Mt. Gox rehabilitation process, confirmed that he was "preparing to make repayments" to account holders.Cash,
Read More
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s
Read More
For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the
Read More
A cold wallet belonging to the infamous Bitcoin (BTC) exchange Mt. Gox transferred 6,800 BTC to an unknown wallet just days after the former CEO Mark Karpeles revealed plans to redistribute BTC worth $6 billion to its creditors. Mt. Gox was a Tokyo-based Bitcoin exchange that shut down in Feb. 2014
Read More
The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange
Read More
The former chief executive officer of now defunct crypto exchange Mt. Gox has announced that certain users will be eligible to receive commemorative nonfungible tokens, or NFTs.In a Monday announcement on Twitter, Mark Karpelès said that crypto users who were Mt. Gox customers between 2010 and 2014 — during which
Read More
Bitcoin (BTC) showed no sign of tackling $60,000 resistance on Nov. 23 as the specter of defunct exchange Mt. Gox returned to haunt price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMt. Gox makes waves with payouts yet to comeData from Cointelegraph Markets Pro and TradingView showed BTC/USD again reversing progress which had
Read More
Mt Gox is set to return BTC lost by victims who were affected when its platform was hacked back in 2014. The Mt Gox hack has become somewhat of a legend in the crypto space, although it is very much real. It really kickstarted the “not your keys, not your
Read More