Mt Gox

Mt Gox Transfers 12,000 BTC Worth Over $1B As Bitcoin Regained $92K

Mt Gox moved around 12,000 Bitcoins today to different wallet addresses. Since its bankruptcy filing in 2014, several creditors are awaiting their repayments. As per its announcement in October 2024, the repayment deadline extended to October 31, 2025. Mt. Gox just transferred 166.5 $BTC($15.05M) again, probably to #BitGo.https://t.co/Szb0IPe5slhttps://t.co/9KFOv9tjay pic.twitter.com/VQ2UNlIyIr —

March 6, 2025 2 mins read

Mt. Gox Poses Obstacles for BTC Bull Run With Second Activity

External factors’ influences have not been novel to the crypto market since the beginning. As the US elections begin in the next few hours, community members wait with bated breath for the outcomes. Meanwhile, amid these tensions, previously bankrupt crypto exchange Mt. Gox showed a new activity approximately 6 hours

November 5, 2024 2 mins read

Bitcoin Dips Over 5% Amid Fresh Mt. Gox Wallet Activity

Bitcoin (BTC) dropped to the $69K zone, losing more than 5% in the last 24 hours, following fresh movements of Bitcoin associated with the defunct Mt. Gox exchange. This latest slide comes after BTC traded as high as $72,662, has the crypto world abuzz about what this activity could mean

November 1, 2024 2 mins read

Former Mt. Gox CEO to Launch New Crypto Exchange This Month

During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpeles—former CEO of Mt. Gox—said that he plans to launch his new cryptocurrency exchange later this month with an emphasis on transparency and user-friendliness. Using Poland as its hub, the soon-to-be platform EllipX will

September 4, 2024 2 mins read

Mt. Gox Shows BTC Movement Activity After 3 Weeks of Dormancy

Bitcoin prices on particular occasions are influenced by external actions. For instance, the German government’s BTC selling caused major price drops in the crypto asset. One other notable action was the Mt.Gox transfers that occurred during the same time as the German government’s BTC selloffs. Notably, according to Arkham Intelligence

August 21, 2024 2 mins read

Analyzing the Yen-Driven Selloff That Sparked Recent Crypto Crash

Bitcoin Slides to $60K Amid Genesis Repayment Concerns

Today, the price of Bitcoin (BTC) fell to $60,000, losing its recent gains. Despite a brief rally over $65,500 during Asian trading hours on August 2, Bitcoin’s price dropped 7.61% over the past day. At the time of writing, Bitcoin traded at $61,672 with a market cap of $1.21 trillion.

August 3, 2024 2 mins read

Why Is Bitcoin Facing Challenges to Surpass $62K?

Is Bitcoin Dropping Below $65K a Sign of Further Decline in August?

The Bitcoin (BTC) market displayed selling pressure soon after the US Federal Reserve’s meeting on Wednesday, July 31. The cryptocurrency’s value fell by 6% and landed in the $63,000 zone. This drop marks the first time Bitcoin has slipped below $65,000 since July 25, according to CoinMarketCap data. Federal Reserve

August 1, 2024 2 mins read

Mt. Gox Moves Billions in Bitcoin for Final Creditor Repayments

Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964

July 31, 2024 2 mins read

Is Potential Cyber Attack Targeting Mt. Gox Creditors?

The defunct crypto exchange Mt. Gox creditors have reported numerous brute force attempts on their accounts, evoking the fear of a potential cyberattack. The Mt. Gox creditor subreddit has been filled with screenshots from users displaying multiple login attempts on their accounts, in the last 24 hours. While others reported

July 18, 2024 2 mins read

Can Bitcoin Break $70K in August Amid New US Crypto Plans?

What’s Next for Bitcoin Price After German and Mt. Gox Moves?

The largest cryptocurrency, Bitcoin, has been the community’s prime focus in the past two months, due to its price activity. With external factors taking a toll on Bitcoin, prices showed significant plunges and volatility. The drop in BTC price led to a considerable crypto market crash at the beginning of

July 17, 2024 2 mins read