Mark Karpeles, formerly at the helm of the now-defunct crypto exchange Mt. Gox, is set to launch a new crypto platform, EllipX, in Europe, with its base in Poland. Speaking...
Mt. Gox transfers 12,000 Bitcoin (worth $709.4 million) to a new wallet, marking its first major move since July. This significant transfer was made to a previously inactive wallet address...
Recent analysis of Bitcoin market dynamics reveals a significant trend among long-term holders (LTHs). As of July 26, 2023, LTHs control approximately 45% of the network’s Bitcoin wealth. This level...
Bankrupt cryptocurrency exchange Mt. Gox has distributed digital assets to 17,000 “rehabilitation creditors” as of July 31st, marking another step in its long-awaited repayment process. The distribution follows previous payments...
On-chain data reveals significant activity in the Bitcoin market, including a transfer of $2 billion worth of BTC by the defunct Mt. Gox crypto exchange to a new wallet, as...
Mt. Gox creditors are finally receiving some of the bitcoin recovered from the infamous exchange hack after over ten years of legal proceedings. Out of the total 142,000 BTC recovered,...
Defunct Japanese exchange Mt. Gox has resumed moving Bitcoin to unidentified destinations amid the crypto market’s corrective phase. Data from the analytics platform Arkham Intelligence shows that Mt. Gox sent...
The Lookonchain crypto analytics platform spotted transaction activity on the Mt. Gox wallet in the early hours of Monday. In a recent post on X (formerly Twitter), the analytics platform...
Creditors of the defunct crypto exchange Mt. Gox have reported numerous login attempts on their accounts in the past 24 hours, raising concerns of potential exploit attempts. Many users shared...
Mt. Gox, a bankrupt cryptocurrency exchange formerly based in Tokyo, appears closer to transferring the massive amount of bitcoins it holds in its wallet. A recent transaction identified by blockchain...
Research analysts believe selling pressure from the Mentougou and Mt. Gox debacles has not yet fully entered the Bitcoin market. According to Cycle Capital, as of July 12, 138,000 BTC...
Bitstamp aims to distribute Mt. Gox compensation swiftly within its 60-day window. Crypto exchange Bitstamp has committed to expediting the distribution of Bitcoin to Mt. Gox creditors, aiming to complete...
Bitcoin’s price took a tumble yet again the previous day following reports that the defunct crypto exchange Mt. Gox is preparing to reimburse creditors, potentially flooding the market with a...
Bitcoin’s price is facing headwinds from multiple sources, including the upcoming distribution of Bitcoin from the defunct Mt. Gox exchange and the anticipated launch of Ether ETFs. These developments have...
Mt. Gox creditors are expected to sell substantial Bitcoin receivables, impacting market dynamics. The impending release of Bitcoin to Mt. Gox creditors, who are expected to sell a significant portion...