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Nalezeno "Mt Gox": 424

Bitcoin History Part 16: The First Mt. Gox Hack


No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust...

Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes


On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when...

What’s the Deal With the Lightning Network?


Remember that layer two scaling solution they promised for Bitcoin back in the day? Does anyone know what happened to it? It feels like we’ve been waiting for a finished Lightning Network longer than Mt. Gox victims have been awaiting restitution. For now, Lightning is accessible to users...

Former Mt Gox CEO Mark Karpeles Announces New Blockchain Startup


Former Mt. Gox CEO Mark Karpeles is dipping his feet back into the crypto industry as he wants to help Japan become a powerhouse within the blockchain economy. The former CEO of the now-defunct exchange told the media on June 5 about his new venture called Tristan Technologies. Also read: Mt...

Ex-CEO of Mt. Gox, Mark Karpeles Starting a New Blockchain Business


Mark Karpeles. Source: a video screenshot, Youtube, whatbitcoindid Mark Karpeles, the founder of the infamous, fallen Bitcoin exchange Mt. Gox is allegedly starting a new blockchain business in Japan. This was reportedly told by Karpeles himself in the comments to the press attending a news...

Cryptopia Suits Gather Steam as Another Failed Exchange Is Bound for Court


When cryptocurrency exchanges fail, a seismic shock shudders through the cryptosphere. With thousands of users, from traders to companies, left out of pocket, litigation is inevitable in a bid to claw back some of the losses. Cryptopia is the latest in a long line of exchanges to face a litany...

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