Defunct crypto exchange Mt. Gox transferred 11,501 BTC worth $1.01 billion on Monday. Blockchain analytics firm Arkham Intelligence tracked the movement, noting that 10,608 BTC ($927.5 million) went to an unmarked wallet, while 893 BTC entered a hot wallet. Despite the transfer, the exchange still holds 35,583 BTC valued at
Defunct crypto exchange Mt. Gox moved 32,371 BTC ($2.19 billion) to new wallets on Monday, marking its largest transfer in months, according to Arkham Intelligence. The movement has sparked speculation about potential creditor repayments. Most of the Bitcoin 30,371 BTC was sent to wallet “1FG2C…Rveoy”, while 2,000 BTC initially landed
Bitcoin (BTC) surged to a new all-time high of $107,780.58 before correcting to $106,618.73. BTC’s market cap now stands at $2.11 trillion, reflecting a 1.77% daily rise. Trading volume surged 29.7% to $80.6 billion. The market cap ratio remains steady with a fully diluted valuation (FDV) of $2.23 trillion. Bitfinex
The defunct exchange, Mt. Gox executes a transfer of $2.4 billion in Bitcoin (BTC) across wallets. This marks another key chapter in the ongoing process of creditor repayment efforts, with the deadline set for October 2025. Mt. Gox executed a massive transfer by moving over 30,000 BTC, valued at around
Bitcoin’s price fell nearly 6.85% to $57,733 on Thursday, driven by renewed concerns over potential token distributions from the defunct Mt. Gox exchange and increased capital outflows from major exchanges. This decline came despite positive signals from U.S. inflation and interest rate data, highlighting a growing risk-off sentiment in the
In a significant update for the cryptocurrency community, Kraken announced the successful distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors affected by the Mt. Gox hack nearly a decade ago. The now-defunct exchange’s long-awaited fund recovery process has been facilitated by Kraken, alongside Bitstamp and other partners. On
Today, Mt. Gox initiated small transfer tests at 12:21 UTC+8, involving transactions such as sending 0.0001 BTC to Bitbank’s hot wallet and 0.0001862 BTC to unmarked addresses. These activities highlighted the anticipated distribution of 140,000 BTC and 143,000 Bitcoin Cash (BCH) by Mt. Gox, scheduled between July and October. Concerns
In another chapter in the Mt. Gox saga, Nobuaki Kobayashi, the trustee overseeing the defunct Bitcoin exchange’s estate, has officially announced an extension of the deadline for repaying its creditors. This decision comes as the exchange’s users have endured a seemingly never-ending, decade-long pursuit of closure via fund reimbursement following
On Wednesday, the Bitcoin price dropped at the same time as an Arkham Intelligence bug fix-related occurrence. A well-known Twitter account for cryptocurrency news, DB, shared an extract from an Arkham Intelligence alert stating that Mt. Gox and US government wallets were doing transactions. [DB] Mt Gox and US Govt
