The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days. Attendees can look forward to engaging discussions, a […] Original
According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds On Tuesday, the Mt Gox trustee moved significant amounts of […] Original
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion, […] Original
Pertsev’s lawyers were seeking bail to allow the Russian to prepare for his appeals process but the court said “that continuing his detention does not obstruct his possibility to prepare his defense,” Keith Cheng, Pertsev’s lawyers said according to the report. Source
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out. Original
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
In addition to the roughly $9.5 billion in BTC the former exchange will send back to its customers, Mt. Gox will also send back 143,000 BCH worth around $73 million. CoinGecko data shows that Bitcoin Cash has a daily trading volume of $308.8 million, making this redemption worth around 24% of that number. Original
BURN RATE: At the very least one has to give Polkadot credit for transparency. On Tuesday the blockchain project released a lengthy report, including spreadsheets and copies of invoices, detailing its spending over the past six months. No good deed goes unpunished, however, and right on cue, twitterati tore into the project’s multimillion-dollar spending on activities like marketing, advertising, sponsorships, events and influencers. At the highest level, the project spent $87 million worth of its own DOT tokens on various activities during the first half of 2024, a pace that…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. KangaMoon surges 20x post-listing on BitMart and Uniswap, Bitcoin Cash sees a 39% drop, while NEAR Protocol anticipates a 230.07% rise by August 2024. New and creative ideas are arising as the crypto market develops and grabs the interest of both investors and aficionados. Originally expected to generate 100x returns in 2024, KangaMoon has already made over 20x gains after being listed on BitMart and Uniswap, paying early investors…
Mt. Gox was once the world’s top crypto exchange, handling over 70% of all bitcoin transactions in its early years. In early 2014, hackers attacked the exchange, resulting in the loss of an estimated 740,000 bitcoin ($15 billion at current prices). The hack was the biggest of the many attacks on the exchange in the years 2010-13. Original