Mt. Gox, the once-leading cryptocurrency exchange, recently transferred 11,501 Bitcoin, valued at around $905 million, to an unmarked wallet. This comes as the deadline for repaying creditors has been extended to October 2025. The move follows a previous transfer of over $1 billion to another wallet linked to the exchange. Currently, Mt. Gox controls about ...
Recently, Bitcoin linked to the defunct Mt. Gox exchange moved significantly, stirring speculation about possible creditor payouts. On Tuesday, a Mt. Gox wallet transferred nearly 11,834 BTC, valued around $930 million, with a portion going to an operations wallet, potentially for creditor distributions. This movement follows a recent $1 billion reshuffling of assets and a ...
AI agents are revolutionizing the cryptocurrency landscape, attracting attention from investors seeking more advanced solutions than traditional trading bots. These intelligent software units autonomously perform trading tasks, learning and improving over time. Among the notable projects is Dawgz AI, a meme-based coin currently in pre-sale, which promises early investors unique features and potential profitability. Additionally, ...
The U.S. Department of Justice has been given the green light to sell approximately 69,370 Bitcoin, valued at about $6.5 billion, which was seized from the Silk Road darknet marketplace. This decision follows a long legal battle over the ownership of the Bitcoin, with Battle Born Investments attempting to block the sale but ultimately failing. ...
A new report from Fidelity suggests that in 2025, more governments and central banks are likely to invest in Bitcoin. While some countries already own Bitcoin, it often comes from legal seizures rather than strategic purchases. Fidelity’s Matt Hogan believes that as issues like inflation and currency devaluation grow, countries will see investing in Bitcoin ...
Mt. Gox, the infamous cryptocurrency exchange, has transferred 27,871 Bitcoin, valued at approximately $2.8 billion, amid ongoing compensation claims from creditors. The majority of this amount, over 24,000 BTC, was sent to an undisclosed wallet while Bitcoin’s price recently hit a significant milestone of $100,000. As the exchange continues to resolve outstanding claims, it has ...
Cryptocurrencies took a hit today after news broke that the U.S. is investigating the issuer of Tether, a stablecoin that supports much of the trading in digital assets. This has raised concerns in the market, causing prices to dip across various cryptocurrencies. Traders are now watching closely as the situation develops.
