BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,390.00     HIGH: 6,424.16     LOW: 6,363.02

=
BTCManager.com
advertisement
Next Event

Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

Click for more details
advertisement

Tag: mt. gox

Mt.Gox’s Bankruptcy Trustee Sells $230 Million Worth of Bitcoin and Bitcoin Cash

Category: Altcoins, Bitcoin, Business, Exchange, Finance, News

Mt.Gox’s Bankruptcy Trustee Sells $230 Million Worth of Bitcoin and Bitcoin Cash

The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25.98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25. The Tokyo Whale Mt. Gox’s bankruptcy trustee, Japanese lawyer Nobuaki Kobayashi, better known as the “Tokyo Whale” in cryptocurrency circles, offloaded 25.98 billion yen ($230 million) worth of…

READ MORE

Market Jittery as $1 Billion Worth of Bitcoin Rumored to Be Dumped

Category: Bitcoin, Commentary, Exchange, News

Market Jittery as $1 Billion Worth of Bitcoin Rumored to Be Dumped

The cryptosphere is agog with rumors about a bitcoin whale – someone controlling a significant amount of bitcoin – preparing to dump approximately $1 billion worth of bitcoin on the market. If it happens, such a move would almost certainly have a devastating effect on the price of bitcoin and other crypto assets in a market whose total capitalization is…

READ MORE

Mt. Gox is preparing to return $1B in stolen Bitcoin to Affected Users

Category: Bitcoin, Crime, Exchange, Finance, News, Regulation

Mt. Gox is preparing to return $1B in stolen Bitcoin to Affected Users

On August 21, 2018, Mt. Gox announced it was preparing to give back around $1 billion in bitcoin to the victims of the exchange rampage. Mt. Gox Retrospective It seems that Mt. Gox is going to finally refund bitcoin to the affected users following the exchange saga. The MT. Gox infamy began in early 2014 and involved over a billion…

READ MORE

Greek Court: Alexander Vinnik Will Be Extradited to France, not Russia

Category: Bitcoin, Crime, Exchange, News

Greek Court: Alexander Vinnik Will Be Extradited to France, not Russia

While the Mt. Gox exchange may be dead, its ghost has refused to rest in peace until its killers are hunted down. Most recently, a Greek court has ruled that Alexander Vinnik, founder of the now-defunct BTC-e cryptocurrency exchange, will be extradited to France. Vinnik has been accused of playing a significant role in the Mt. Gox and Bitcoinica heists. Mr….

READ MORE

Mt.Gox Victims to Finally Get Paid in Bitcoin as Case Goes to Civil Rehabilitation

Category: Altcoins, Bitcoin, Blockchain, Business, News, Tech

Mt.Gox Victims to Finally Get Paid in Bitcoin as Case Goes to Civil Rehabilitation

Victims of the infamous Mt.Gox hack that shook the cryptospace in 2014 are yet to get reimbursed. However, there is a glimmer of hope for creditors as the Tokyo District Court has approved a petition to move the ongoing case from criminal bankruptcy to civil rehabilitation. Get Paid in Bitcoin According to a statement on the Mt.Gox website on June…

READ MORE

advertisement

BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

Category: Altcoins, Bitcoin, Blockchain, Crime, Ethereum, Finance, News, Regulation, Tech

BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

For the first time since the start of the year, the price of bitcoin dipped below $6,000 per coin, which marks a 10 percent decline versus the previous week and an over 50 percent drop year-to-date. The continuance of the bitcoin price decline was driven by the hack of Korean bitcoin exchange Bithumb and the news that Mt.Gox creditors will…

READ MORE

Greek Authorities Crushed a Murder Plot Against Alleged Bitcoin Fraudster

Category: Bitcoin, Crime, News

Greek Authorities Crushed a Murder Plot Against Alleged Bitcoin Fraudster

The Greek police have uncovered a plot to assassinate Alexander Vinnik, the Russian citizen that has been accused of having a hand in the Mt. Gox heist. Back in July 2017, a Japanese Cybersecurity firm, WizSec, revealed that Vinnik was actively involved in laundering $4 billion worth of bitcoin from the Mt. Gox and Bitcoinica crypto exchange hacks. Murder Attempt on…

READ MORE

Caution! Mt. Gox May Have Moved 16,000 Bitcoin To an Exchange Wallet

Category: Bitcoin, News

Caution! Mt. Gox May Have Moved 16,000 Bitcoin To an Exchange Wallet

Mt.Gox, the infamous crypto-exchange which was hacked in 2014 of 850,00 bitcoins, has reportedly moved a huge amount of bitcoin (BTC) and bitcoin cash (BCH) to crypto-exchange wallets. If history is any indication of the future – a “dump” of bitcoins on the market, followed by panic selling could be expected soon. The underlying technology of bitcoin, blockchain, allows anyone…

READ MORE

Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Category: Bitcoin, Business, Finance, News, Tech

Former CEO of the Defunct Mt. Gox Bitcoin Exchange Gets a New Crypto Job

Mark Karpelès, the former CEO of the now-defunct Mt. Gox Bitcoin exchange has landed a new cryptocurrency job. London Trust Media, a U.S.-based corporation has hired Karpelès as its new Chief Technology Officer (CTO). The company, based in Denver, Colorado, is reported to be the most extensive virtual private network (VPN) service provider in the world. The news was confirmed…

READ MORE

Chainalysis Raises $16 Million from Early Venture Fund Benchmark

Category: Bitcoin, Blockchain, Business, Finance, News, Tech

Chainalysis Raises $16 Million from Early Venture Fund Benchmark

Chainalysis raised a $16 million Series A from Benchmark, an early venture fund that previously invested in Uber, Discord, Dropbox, eBay, Zendesk, and WeWork. The cryptocurrency compliance startup also released a new product called Know Your Transaction (KYT) which will help companies track criminals involved in financial fraud and money laundering. Federal Interest: Chainlaysis and the Mt Gox Case Chainalysis…

READ MORE

Join our Telegram Channel!