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“There’s no longer one dominant exchange handling the bulk of all trading”: Kim Nilsson hopes there won’t be another Mt. Gox shock to crypto Go to Source Powered by WPeMatico
The former Mt. Gox executive hopes that the court will dismiss the suit after the plaintiff changed the facts underpinning his claim against the exchange Go to Source Powered by WPeMatico
Former Mt. Gox CEO Mark Karpeles aims to close proceedings against him in the state of Illinois by filing for summary judgment on multiple counts Go to Source Powered by WPeMatico
Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error. Also read: Bitcoin History Part 16: The … Read more
No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust had … Read more
“I believe it’s going to be years until everything Mt. Gox clears out of the courts.” Mark Karpeles talks with Cointelegraph. Go to Source Powered by WPeMatico
Mark Karpeles, the CEO of defunct crypto exchange Mt. Gox, has told Cointelegraph that media reports have misrepresented his return to blockchain Go to Source Powered by WPeMatico
Former Mt. Gox CEO Mark Karpeles is dipping his feet back into the crypto industry as he wants to help Japan become a powerhouse within the blockchain economy. The former CEO of the now-defunct exchange told the media on June 5 about his new venture called Tristan Technologies. Also read: Mt Gox CEO Mark Karpeles … Read more
Mark Karpeles — the former CEO of the now-defunct bitcoin exchange Mt. Gox — has revealed he will serve as the CTO of a new Japan-registered blockchain technology firm Go to Source Powered by WPeMatico
Ever since cryptocurrencies started gaining value, hackers have targeted exchanges that provide digital asset trading and malicious entities have siphoned billions of dollars worth of bitcoin since 2010. So far, over 1 million of the world’s BTC has been stolen from exchanges and traders continue to leave vast quantities of funds on centralized trading platforms. … Read more
