Mt. Gox Cold Wallet Transfers $2B in Bitcoin to New Address
Mt. Gox-linked cold wallet transferred over $2 billion in Bitcoin to two addresses, potentially signaling upcoming creditor repayments. The recent wallet activity, involving 30,371 BTC, follows a month-long pause, with Mt. Gox still holding 44,378 BTC. On Sunday, the defunct crypto exchange Mt. Gox transferred more than $2 billion in bitcoin to two addresses, potentially […]
Mt. Gox Delays Payouts to Next Year, No Bitcoin Release Yet
The Mt. Gox Rehabilitation Trustee has recently announced that the repayments previously anticipated to precipitate a Bitcoin selling spree have been postponed until October 31, 2025. The extended deadline, initially scheduled for the end of October 2024, provides creditors with additional time to finalize the necessary steps for repayment. Mt. Gox, an early crypto exchange […]
Mt. Gox Wallets Move $2.85B in Bitcoin
Earlier this year, Mt. Gox began compensating customers via platforms like Kraken, Bitbank, and BitGo, which had already impacted Bitcoin’s price. Mt. Gox has transferred a significant portion of its Bitcoin holdings. Speculations have arisen as a result of this event, suggesting that the bankrupt cryptocurrency exchange may be considering the possibility of making Bitcoin […]
Galaxy Digital Buys $82 Million in Bitcoin
Galaxy Digital has recently increased its Bitcoin holdings, indicating a strong confidence in the future trajectory of Bitcoin values. Through the purchase of 380 Bitcoins today and a further 600 Bitcoins on August 20th, Galaxy Digital has once again boosted the amount of Bitcoins it possesses. Additionally, Arkham Intelligence reports that Galaxy Digital’s wallet address […]
Mt. Gox Moves 13,265 BTC, Bitcoin Drops Below $60K
Mt. Gox still holds 46,164 bitcoins valued at $2.74 billion, with expectations of completing repayments by year-end. Within the past 24 hours, the cryptocurrency exchange Mt. Gox has once again transferred a whopping 13,265 bitcoins worth a stunning $784 million to two wallets that are unknown to the public. This information comes from the most […]