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A group of Mt. Gox creditors has recently updated the basic policies of their upcoming civil rehabilitation plan, noting that trustees should proceed carefully with selling altcoins to avoid price drops Go to Source Powered by WPeMatico
Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags … Read more
At press time, bitcoin has sunk to $6,200, and is trading for approximately $100 less than where it stood during yesterday’s afternoon hours. It appears the bears have not given up the reins just yet, and we still have a lot of catching up to do. Financial analyst Spencer Bogart says that bitcoin prices this … Read more
NYC Square Cash users are now given a BTC option, a non-profit starts accepting crypto and immediately gets $1,000 ETH — delve more into this week’s adoption wins in the Hodler’s Digest Go to Source Powered by WPeMatico
Bitcoin analyst Brian Kelly points out three major reasons why the current bear market is not a reason to hold a funeral for the cryptocurrency Go to Source Powered by WPeMatico
Crypto market slumps further despite positive news of an end to the Mt. Gox Bitcoin sell offs Go to Source Powered by WPeMatico
Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation Go to Source Powered by WPeMatico
The Mt. Gox Creditor (mtgoxcreditor) posted Commencement of Civil Rehabilitation Proceedings of Mt. Gox today, indicating a victory for creditors long wondering if an attempt would be made at making them financially whole. The Tokyo District Court ordered commencement of civil rehabilitation proceedings, and as such “enormous assets, which were to be distributed to Mt. … Read more
Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole. Also read: William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite … Read more
It appears Bitcoin Gold (BTG) has been double spend attacked over and over again, totalling something in the neighborhood of $18 million at current prices. BTG forums seem to have been tracking the hack, going as far back as last week, monitoring the controversial coin’s hashrate, ultimately determining a 51% attack was under way. Also … Read more