Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Michaël van de Poppe opined that Mt.Gox’s Bitcoin repayment process wouldn’t tank the market.The defunct exchange was scheduled to reimburse creditors over 100,000 BTC tokens starting this August but further delays emergedNor...
More / Bitcoin Reddit - 1 year ago
I have seen a lot of news about this topic, is there an official date when the bitcoin holders receive their funds? I just want to know more? And it’s 200k bitcoins right? submitted by /u/Lonely_Club_7416 [link] [comments]
by COINS NEWS - 1 year ago
One of the MtGox creditors made a Tweet after a verified Account TheAltCoinHub has been spreading FUD about MtGox releasing 140K Bitcoins today. The creditor said as for now, you can't even register on which exchange you want your BTC/BCH...
by COINS NEWS - 1 year ago
There has been a lot of talk of Mt. Gox releasing 140k Bitcoin, all at once, tomorrow. Not only is this very questionable as a fellow real-life creditor has posted on this sub. But also it won't change shit in the markets of they actually get rel...
Cryptocoins News / The Cointelegraph - 1 year ago
Claims that 137,000 BTC are about to be offloaded on the open market are met with intense suspicion as BTC price volatility returns. Bitcoin (BTC) failed to keep $20,0...
by COINS NEWS - 1 year ago
There is so much fud on twitter today about coins being released tomorrow, with big account retweeting fake news reports about coins being released. Creditors haven't even registered for payout. Once that happens it will probably be another coupl...
Bitcoin News / Google News Bitcoin - 1 year ago
Will Mt. Gox Crash Bitcoin (BTC)? Host of Coin Bureau Weighs In on Potential Crypto Crisis& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 1 year ago
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After managing to shake off a brutal H1 and perching above $20,000, Bitcoin now faces a new test. According to the letter sent to Mt. Gox creditors last week, the rehabilitation trustee hinted at commencing the repayment of abo...
Bitcoin News / Google News Bitcoin - 1 year ago
As Voyager Digital and Celsius Network customers scream, “Where the hell’s my money?” Mt. Gox creditors must feel like James Franco’s nameless character in “The Ballad of Buster Scruggs,” who asks his neighbor at the gallows, “First time?”
After...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
Bitfinex Bitcoin whale, Joe007, has warned that Celsius Network’s assets could be locked for a ‘long long time’ just like Mt. Gox’s crypto has been locked since 2014.
Celsius Network has filed for Chapter 11 bankruptcy.
Bitfinex Bitcoin...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto lending platform Celsius confirmed on Wednesday that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.
The announcement was shared on the company’s Twitter and shared with account holders via email...
Bitcoin News / Google News Bitcoin - 1 year ago
In this issue
Mt. Gox: Better late than never
Circle: Squaring off
Chinese banks: Show me the money
From the Editor’s Desk
Dear Reader,
“Many happy returns” may not be quite the first phrase that comes to mind among long-suffering customers of il...
by COINS NEWS - 1 year ago
The exchange Mt. Gox, that once handled over 70% of all bitcoin transactions, went bankrupt in 2014, after losing 86% of its funds due to a security flaw.
And next month in August-2022, they will start paying back their customers with the 130k bitco...
Bitcoin News / Google News Bitcoin - 1 year ago
Cryptocurrency prices pulled back from a strong rebound over last week as apprehensions rose over a flood of Bitcoin from potentially two large-scale dumps of the cryptocurrency into the market.Bitcoin, the world’s largest cryptocurrency by market c...
by COINS NEWS - 1 year ago
most aren't up 100x though.
First off even measured on BTC price alone, the max price of ~1200, we are "only" looking at a ~17x.
On top of that MtGox still lost like 80% of all their bitcoins, so the MtGox people are expected to get something like 1...
Cryptocoins News / EthereumWorldNews - 1 year ago
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 cou...
Bitcoin News / Google News Bitcoin - 1 year ago
137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. Gox hack of 2011 and subsequent loss of 850,000 BTC worth around $17.8 billion at today’s price. In 2014 Mt. Gox reported that it had found 200,000...
Bitcoin News / Bitcoin Magazine - 1 year ago
Mt. Gox Creditors Could Dump 142,000 Bitcoin - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights...
Bitcoin News / Google News Bitcoin - 1 year ago
Creditors could offload a total of nearly 142,000 bitcoin into an already stressed market.
The rehabilitation trustee will restrict creditors in moving funds for a period.
Over 700,000 BTC were drained in the Mt. Gox implosion in 2014.
Victims of...
Cryptocoins News / NewsBTC - 1 year ago
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 n...