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Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error. Also read: Bitcoin History Part 16: The […]
The post Bitcoin History Part 17: That Time Mt. Gox Destroyed 2,609 BTC appeared first on Bitcoin News.
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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 had […]
The post Bitcoin History Part 16: The First Mt. Gox Hack appeared first on Bitcoin News.
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“I believe it’s going to be years until everything Mt. Gox clears out of the courts.” Mark Karpeles talks with Cointelegraph.
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Mark Karpeles, the CEO of defunct crypto exchange Mt. Gox, has told Cointelegraph that media reports have misrepresented his return to blockchain
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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 Gox CEO Mark Karpeles […]
The post Former Mt Gox CEO Mark Karpeles Announces New Blockchain Startup appeared first on Bitcoin News.
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Mark Karpeles — the former CEO of the now-defunct bitcoin exchange Mt. Gox — has revealed he will serve as the CTO of a new Japan-registered blockchain technology firm
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Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms. […]
The post Hackers Have Looted More Bitcoin Than Satoshi’s Entire Stash appeared first on Bitcoin News.
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According to the official Mt. Gox website, creditors of the now defunct bitcoin exchange have one last chance to dispute their claims. The civil rehabilitation trustee, Nobuaki Kobayashi, has also explained the details surrounding the court’s decision to approve or disapprove filed claims. Also read: Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement […]
The post Mt. Gox Creditors Have a Second Chance to Appeal Claim Decisions appeared first on Bitcoin News.
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Mark Karpeles, former CEO of now-defunct Mt. Gox crypto exchange, has appealed his conviction on charges of manipulating data
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Tokyo prosecutors have reportedly dropped plans to appeal the acquittal of former Mt. Gox CEO Mark Karpeles on charges of embezzlement
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