Tagged: mt gox

September 25, 2018 @ 4:51 pm By JD Alois  |  

Mt. Gox, the infamous cryptocurrency exchange (really a Bitcoin exchange) that went bankrupt in 2014 due to mismanagement and theft, is getting closer to settling at least some of the claims that stand against it. Today, the bankruptcy trustee published a document indicating BTC 24,658.00762 and BCH … Read More

September 3, 2018 @ 6:23 am By Aubrey Hansen  |  

One of the most significant impediments to mass cryptocurrency adoption is the lack of trust and security in the industry. Users have witnessed or experienced themselves a plethora of malicious attacks and illegitimate business practices on trading exchanges which leave them less prone to being… Read More

August 13, 2018 @ 11:00 am By Cali Haan  |  

Onsite inspections of 16 licensed cryptocurrency exchanges and 7 with licenses pending in Japan has revealed generally loose business practices and controls, according to a report released last Friday by the Japanese Financial Services Agency (FSA). The inspections were conducted by the FSA in cooperation with… Read More

August 7, 2018 @ 10:22 pm By Cali Haan  |  

A Japanese bank that allegedly allowed notorious failing cryptocurrency exchange Mt Gox to continue accepting deposits while simultaneously freezing withdrawals is once again appealing a ruling that allowed a class action suit to proceed against the bank in the US, Finance Feeds reports. The bank,… Read More

January 28, 2018 @ 8:49 am By JD Alois  |  

Following the enormous theft of 523,000,000 XEM (NEM), Japan based cryptocurrency exchange Coincheck has announced it will reimburse all impacted investors. At current exchange rates, this means Coincheck will need to pay out over USD $523 million to the estimated 260,000 impacted users. At the time… Read More