Mt. Gox Moves Billions of Dollars Worth of Bitcoin, Begins Repayments to Customers Hit by Hack
Mt. Gox, a defunct cryptocurrency exchange, has transferred billions of dollars worth of bitcoin between wallets and sent $130 million to Bitstamp as part of its repayments to customers affected by a hack 10 years ago. The exchange has already started making payments this month but still has over $6 billion of BTC to distribute. On Wednesday, Mt. Gox moved a new batch of bitcoin to new wallets, which may affect the price rally as sentiment remains low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US stocks slipped while bitcoin rallied on higher Treasury yields
Bitcoin may have traded like a safe haven asset Wednesday, but analysts warn the trend may not last
Bitcoin hits all-time high while Solana holds steady
Solana’s focus remains on fundamentals: stable usage, high yields, and expanding infrastructure
BUSDT now launched for futures trading and trading bots
The Graph to Adopt Chainlink CCIP for Cross-Chain GRT Transfers
Trending news
MoreCrypto prices
More
