Tag: Mt Gox

A New Bitcoin World

Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement

Mt Gox CEO Mark Karpeles Found Not Guilty of EmbezzlementMark Karpeles, CEO of the now-defunct bitcoin exchange Mt. Gox, has been sentenced by the Tokyo District Court. The court convicted him of record tampering but found him not guilty of embezzlement. He received a suspended jail sentence of two and a half years. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF […]

The post Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement appeared first on Bitcoin News.


March 15, 2019 0

Former Mt. Gox CEO Says He Is Sorry But Maintains His Innocence as Trial Closes

Mark Karpeles, the former chief executive officer of the now-defunct Mt. Gox, has reportedly apologized for the losses that led to the demise of the cryptocurrency exchange. However, the embattled Frenchman insisted on his innocence regarding charges of embezzlement in closing arguments during his trial in Tokyo on Dec. 27. Also read: Wine Retailer to Buy […]

The post Former Mt. Gox CEO Says He Is Sorry But Maintains His Innocence as Trial Closes appeared first on Bitcoin News.


December 27, 2018 0

10 Days That Shook the World of Bitcoin

10 Days That Shocked the World of BitcoinWhen Bitcoin’s history is written, the following events will command a chapter apiece. Bitcoin is a creeping revolution that does not lend itself to listicles, and thus any such attempt is destined to fall short. What follows, therefore, is a potted history of a transformative technology whose greatest moments have yet to come. In chronological […]

The post 10 Days That Shook the World of Bitcoin appeared first on Bitcoin News.


October 19, 2018 0

54% of Cryptocurrency Exchanges Have Security Holes

Traders hope and expect the exchange they’re trading on takes security seriously. But while all crypto platforms pay lip service to good cybersecurity practices, many fail at even the most basic measures such as enforcing strong passwords. New research has found 54% of all cryptocurrency exchanges have poor security in at least one area, leaving […]

The post 54% of Cryptocurrency Exchanges Have Security Holes appeared first on Bitcoin News.


October 2, 2018 0

$800M BTC Wallet Reactivates: Tens of Millions to Exchanges

$800M BTC Wallet Reactivates: Tens of Millions to ExchangesSpeculation has been swirling around a BTC wallet held dormant for over four years that is suddenly showing movement. That it contains something on the order of nearly one billion dollars worth of bitcoin core (BTC) has the ecosystem in both investigative mode and panic, as it could signal a giant dump at the very […]

The post $800M BTC Wallet Reactivates: Tens of Millions to Exchanges appeared first on Bitcoin News.


September 5, 2018 0

Bitcoin Gold Hacked for $18 Million

Bitcoin Gold Hacked for $18 MillionIt 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 […]

The post Bitcoin Gold Hacked for $18 Million appeared first on Bitcoin News.


May 24, 2018 0

Cryptocurrency Exchange Kraken Withdraws from Japanese Market

Cryptocurrency Exchange Kraken Withdraws from Japanese MarketCryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services […]

The post Cryptocurrency Exchange Kraken Withdraws from Japanese Market appeared first on Bitcoin News.


April 17, 2018 0

Dead again? In Reality Bitcoin Is Up 729% Since Last February

Dead again? In Reality Bitcoin Is Up 729% Since Last FebruaryThe price of bitcoin has seen some corrections over the years, but really there have only been a few deep cuts. With the bearish dips in price over the past five weeks it’s always good to look at the historical view of value drops and the long-term achievements of the cryptocurrency economy in general. Also […]

The post Dead again? In Reality Bitcoin Is Up 729% Since Last February appeared first on Bitcoin News.


February 3, 2018 0

Bitcoin Crashes! Bitcoin’s Dead! Bitcoin’s Over! Or Is It? A Brief History of Deaths

Bitcoin Crashes! Bitcoin’s Dead! Bitcoin’s Over! A Brief HistoryThe price of bitcoin (BTC) has dropped more than 25 percent in four days, and it looks headed for even worse territory as of this writing. Veterans have braced for its eventuality. However, there are many newly onboarded, and they’re only used to the world’s most popular cryptocurrency dipping slightly in an effort to rise […]

The post Bitcoin Crashes! Bitcoin’s Dead! Bitcoin’s Over! Or Is It? A Brief History of Deaths appeared first on Bitcoin News.


December 22, 2017 0

Japan Teaches Western Governments a Lesson in Cryptocurrency Regulation

Japan Teaches Western Governments a Lesson in Cryptocurrency RegulationBitcoin is a phenomenon that provokes conflicting emotions in people. Fear. Excitement. Elation. Doubt. For governments tasked with regulating every new thing that comes along, be it the motor car or the internet, bitcoin presents a conundrum. How to regulate such a seemingly unregulatable creation? While many western governments have reached for the button marked […]

The post Japan Teaches Western Governments a Lesson in Cryptocurrency Regulation appeared first on Bitcoin News.


November 13, 2017 0