Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises

July 29, 2024 Bitcoin.com

Bitcoin

Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past seven days. […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

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

July 25, 2024 The Daily Hodl

BCH

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.

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors

July 24, 2024 Bitcoin.com

BCH

Crypto 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 […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Bitstamp will begin Mt. Gox creditor repayments on July 25

July 24, 2024 Coin Telegraph

BCH

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.”

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

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

July 16, 2024 Bitcoin.com

BCH

According 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 […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

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

July 16, 2024 Bitcoin.com

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

BCH

According 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, […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Mt. Gox Trustee Says Some Creditors Have Received Compensation in Bitcoin and Bitcoin Cash, Urges Others To Wait

July 5, 2024 The Daily Hodl

bankrupt

A trustee of defunct crypto exchange Mt. Gox says that some of its creditors have received compensation in the form of digital assets. In a new statement, Mt. Gox trustee Nobuaki Kobayashi says that some Mt. Gox creditors have received Bitcoin (BTC) and Bitcoin Cash (BCH) as reimbursement as a part of the firm’s rehabilitation […]

The post Mt. Gox Trustee Says Some Creditors Have Received Compensation in Bitcoin and Bitcoin Cash, Urges Others To Wait appeared first on The Daily Hodl.

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Mt Gox Initiates Bitcoin Repayments to Creditors

July 5, 2024 Bitcoin.com

BCH

The 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 […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

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

July 4, 2024 Bitcoin.com

BCH

The 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 […]

UAE Deepens Economic Ties With China and India Through BRICS Collaboration

Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market

June 25, 2024 Bitcoin.com

Alex Thorn

After a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term Bitcoin Holders Likely to Retain Mt Gox Bitcoin Distributions […]

bitcoin cash

Share this video