The long-term impact of the repayments may be less severe, said WOO X COO Willy Chuang. Mt. Gox was one the leading crypto exchange, handling over 70% of bitcoin transactions in the early years. Mt. Gox said on Friday that it has started repayments to customers, ending a near 10-year long wait for some users […]
Tag: repayments
Bitcoin sinks as Mt. Gox transfers billions to potentially begin creditor repayments
A bitcoin logo is displayed outside a cryptocurrency exchange in Hong Kong on April 15, 2024. – Dale De La Rey/Agence France-Presse/Getty Images Bitcoin was under pressure early Tuesday after failed exchange Mt. Gox began a long-awaited transfer of more than $9 billion in the digital asset to creditors. More than 140,000 bitcoin was transferred […]