Bitcoin holds above $107 despite $172m Mt. Gox BTC transfer
Mt. Gox moved over $172 million in BTC to new wallet addresses. The price of Bitcoin held strong despite bankrupt crypto exchange’s wallet activity. Bankrupt crypto exchange Mt.Gox has notably transferred about 1,620 Bitcoin to new unknown addresses. The value of the Bitcoin transfer stood at over $172.5 million, and was sent to new addresses. […]
Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors
Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025 Defunct crypto exchange Mt. Gox has moved another $2.19 billion to two unmarked wallets, according […]
Mt. Gox delays repayment deadline, pushes it to October 2025
The defunct exchange had an original repayment deadline of October 31, 2024 Mt. Gox said the delay was down to creditors not completing the repayment steps and issues arising from the repayment process In 2024, Mt. Gox collapsed following a security breach, resulting in the loss of 850,000 Bitcoin Defunct crypto exchange Mt. Gox has […]
Bitstamp to distribute Mt. Gox BTC from July 25
Bitstamp plans to distribute Mt. Gox Bitcoin and Bitcoin Cash as from Thursday, July 25. The exchange will have a separate distribution plan for customers in the UK. Bitstamp announced on Wednesday that the crypto exchange had received Bitcoin (BTC) from Mt. Gox and that it would begin distribution to creditors on Thursday. The exchange […]
Mt. Gox moves Bitcoin worth nearly $2.8 billion
Mt.Gox has moved over 44,500 BTC worth over $2.8 billion to an internal wallet. The price of BTC fell slightly after the transfer, retreating to around $62,835. On-chain data shows a wallet linked to Mt. Gox has just moved more than $2.8 billion worth of Bitcoin. The huge transfer comes as Bitcoin price looks to […]
Mt. Gox creditors receiving long-awaited repayments
Mt. Gox creditors confirm Japanese Yen refunds via PayPal after a decade-long wait. Mt. Gox’s 2014 collapse, losing 950,000 Bitcoins, triggered years of legal battles. The extended repayment timeline could influence 2024 market dynamics. After a decade of anticipation, creditors of the infamous Mt. Gox Bitcoin exchange are finally receiving repayments for their locked-up funds. […]
After 8 years, Mt. Gox creditors may start receiving their BTC this month
Mt.Gox Bitcoin exploit took place in 2014. The exploit remains the largest Bitcoin exploit in the history of cryptocurrencies. Mt.Gox creators may however start receiving their bitcoins this month. Mt.Gox creditors may have a reason to smile after the exchange’s January statement hinted that the creditors could start receiving their Bitcoin (BTC) this month. It […]