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Community Fundraising Effort Launched to Secure Bitcoin Cash API Service

Community Fundraising Effort Launched to Secure Bitcoin Cash API ServiceActorforth.org has launched a Flipstarter campaign to raise 30 bitcoin cash (BCH) to keep its rest.bch.actorforth.org API service operational. Actorforth Launches Campaign to Prevent BCH API Shutdown According to the Flipstarter fundraising proposal, the API, which has supported the bitcoin cash (BCH) community since 2021, faces closure on Dec. 31, 2024, without additional funding. The […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

‘Bitcoin Jesus’ Roger Ver Moves To Dismiss Indictment for Allegedly Evading $50,000,000 in Taxes: Report

‘Bitcoin Jesus’ Roger Ver Moves To Dismiss Indictment for Allegedly Evading ,000,000 in Taxes: Report

Bitcoin Cash (BCH) pioneer and early crypto adopter Roger Ver is asking courts to dismiss an indictment that charges him with evading $50 million in taxes. Ver, an early investor of Bitcoin (BTC) who later decided to support the BCH fork, was arrested in Spain in late April at the direction of the Department of […]

The post ‘Bitcoin Jesus’ Roger Ver Moves To Dismiss Indictment for Allegedly Evading $50,000,000 in Taxes: Report appeared first on The Daily Hodl.

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Kraken Has Successfully Distributed Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt Gox Creditors: CEO David Ripley

Kraken Has Successfully Distributed Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt Gox Creditors: CEO David Ripley

Creditors of the bankrupt crypto exchange Mt. Gox are finally receiving Bitcoin (BTC) and Bitcoin Cash (BCH) payments. Kraken chief executive Dave Ripley announced on Tuesday that his exchange had successfully distributed the BTC and BCH from the Mt. Gox estate. “It’s been nearly a decade since Kraken was selected by the Trustee to facilitate […]

The post Kraken Has Successfully Distributed Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt Gox Creditors: CEO David Ripley appeared first on The Daily Hodl.

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors

Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to CreditorsCrypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee’s efforts in preserving the coins’ value despite legal challenges. Kraken Distributes Mt. Gox Bitcoin and Bitcoin Cash to Creditors Cryptocurrency […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Bitstamp will begin Mt. Gox creditor repayments on July 25

After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed.

Bitstamp will begin distributing crypto to Mt. Gox creditors on July 25 after receiving a large transfer of assets from the trustees of the collapsed exchange a day earlier.

The Mt. Gox trustees transferred 5,106 Bitcoin (BTC) directly to Bitstamp and 2,869 BTC to an unknown address, after which they underwent additional transfers before ending up in wallets associated with Bitstamp. Bitstamp also received Bitcoin Cash (BCH) and Ether (ETH) from the trustees.

It will take a week for recipients of the repayments to undergo security checks, after which they will have full control of their coins, the exchange said in a statement. Bitstamp customers based in the United Kingdom will not be included in the first round of repayments. They can expect to receive their repayments “within the next few months.”

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Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon

Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected SoonAccording to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’ accounts within 7 to 14 days. Kraken Confirms Receipt of Mt Gox Funds On Tuesday, the Mt Gox trustee moved significant amounts of […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution

Mt Gox Estate Transfers B in Bitcoin, M in Bitcoin Cash Ahead of DistributionAccording to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of bitcoin (BTC) climbed above $65,000, Mt Gox sent 48,641 BTC, valued at $3 billion, […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC

Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTCPeter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October. According to Chung, BCH will hurt the most with this selloff, given its weaker investor […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Mt Gox Initiates Bitcoin Repayments to Creditors

Mt Gox Initiates Bitcoin Repayments to CreditorsThe Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions

Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community

Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the CommunityThe rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be […]

Morgan Stanley Plans to Collaborate With Regulators for Safe Crypto Solutions