2018-11-21 16:00 |
U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.
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One of the largest bitcoin mining companies in the U.S. has filed for Chapter 11 bankruptcy protection.
2022-12-21 15:32 | |
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Core Scientific has filed for Chapter 11 bankruptcy protection in Texas due to to reduced Bitcoin mining profits and increasing costs. The post Bitcoin Mining Company Core Scientific Succumbs to Crypto Winter, Files for Bankruptcy appeared first on BeInCrypto.
2022-12-21 12:15 | |
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A prominent Bitcoin mining firm based in Canada, Great North Data, has gone bankrupt, according to a local media report. The publication, citing a bankruptcy report, stated that CA$13.2 million was liThe post Bitcoin mining firm backed by Canadian government files for bankruptcy appeared first on AMBCrypto.
2019-12-6 19:30 | |
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Craig Wright told Roger Ver in a now publicly revealed email that he will send the price of Bitcoin Cash down to zero for two years. “Welcome to bankruptcy,” Wright... The post Craig Wright Threatens to Crash BCH’s Price to Zero in an Email to Roger Ver appeared first on Trustnodes.
2018-11-9 17:57 | |
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Japan has remained at the forefront of digital currency innovation. One of the world’s biggest Bitcoin exchange, Mt Gox, was based in Japan. However, after the $460-million Bitcoin theft and bankruptcy filing by the exchange in 2014, Japan didn’t immediately grow defensive.
2018-10-18 20:09 | |
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In 2014, one of the world’s biggest Bitcoin exchanges, Mt Gox, filed for bankruptcy after the theft of more than $460m of Bitcoins. With investors losing such a large amount of money, the nascent digital asset market looked under threat.
2018-10-15 19:08 | |
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In an open letter, dated September 25th, 2018; Nobuaki Kobayashi, Mt. Gox Bankruptcy Trustee has reportedly liquidated around $230 million worth of Bitcoin Cash BCH and Bitcoin (BTC) in the past four months.
2018-9-27 02:41 | |
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Mt Gox has published an announcement that its civil rehabilitation and bankruptcy trustee, Nobuaki Kobayashi, has liquidated 25,331 BCH and 24,658 BTC. The trustee is now working on “the preparation of a rehabilitation plan” to repay monetary claims against the defunct exchange.
2018-9-26 23:15 | |
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The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25. 98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25.
2018-9-25 20:00 | |
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A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt.
2018-9-25 19:54 | |
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The Japanese trustee for Mt. Gox has sold cryptos worth $230 million since March as part of the collapsed exchange's bankruptcy proceedings.
2018-9-25 17:11 | |
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Ten years after Lehman Brothers filed for bankruptcy in 2008, a host of new financial offerings is hoping to entice sullied investors back into the market. The task hasn’t been easy, however. The financial crisis that spawned Bitcoin has left enough emotional damage to keep those with a keen sense of memory far from equities and traditional stocks.
2018-9-15 10:00 | |
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Bank frauds in India have opened a can of worms this year, leaving the public questioning concepts such as board, governance, public sector, bankruptcy, and investor transparency with anxiety and anger.
2018-9-13 14:50 | |
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This week marks the 10th anniversary of the events that triggered the 2008 financial crisis, which was reflected indirectly in the Genesis block of Bitcoin.
2018-9-12 23:15 | |
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The price of bitcoin has remained firm in the past seven days, gaining eight percent week-on-week. This price rally has occurred despite the announcement of the Mt. Gox bankruptcy trustee that former users will now be able to file claims to recover their lost bitcoin from the defunct exchange.
2018-9-5 19:00 | |
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The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency. The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates.
2018-8-30 21:01 | |
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Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process, according to an update posted on the exchange’s website.
2018-8-27 17:14 | |
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Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.
2018-8-16 21:58 | |
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In 2014, Mt. Gox declared bankruptcy after losing over 744,000 Bitcoin in a large-scale hack. Released August 1, 2018, Mt. Gox creditors revised their proposal to claim Bitcoin repayments and expedited compensation procedures.
2018-8-4 20:00 | |
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Mt. Gox Releases Policy to Repay Creditors in BTC and BCH Mt. Gox is a Japanese bitcoin exchange that suspended trading in 2014 and subsequently filed for bankruptcy protection. That same year, the company liquidated its assets as well.
2018-8-3 18:45 | |
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Creditors of the now disbanded Mt. Gox cryptocurrency exchange have made another step towards reclaiming their lost Bitcoin, following updates to a court ruling issued in June, first spotted by Coindesk.
2018-8-3 15:30 | |
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The price of bitcoin on the WEX cryptocurrency exchange platform climbed to $9,000 amidst fears of another cryptocurrency exit scam. Bitcoin Climbs to Nearly $9,000 on WEX Yesterday, Bitcoin traded between $6,300 to $6,400 on most cryptocurrency exchange platforms.
2018-7-12 13:00 | |
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The defunct cryptocurrency exchange Mt Gox that became a victim of a massive Bitcoin hack in 2014, has been ordered by the Tokyo District Court to start paying its customers back. The losses will be paid back entirely in Bitcoin.
2018-7-2 07:34 | |
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The Tokyo District Court has ordered Mt Gox to begin compensating victims of its infamous 2014 hack, effectively stalling the exchange’s pending bankruptcy. Posted on the Mt Gox website June 22, the ruling may bring closure to a November 2017 petition requesting compensation — filed by creditors of the now-defunct Mt Gox exchange.
2018-6-28 03:04 | |
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The Tokyo District Court on Friday, June 24, stopped Mt. Gox’s bankruptcy proceedings and ordered the commencement of the civil rehabilitation proceedings. The civil rehabilitation proceedings will ensure that Mt.
2018-6-26 14:49 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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A new court ruling means creditors to the Mt. Gox cryptocurrency exchange stand a chance to get their lost funds back in their Bitcoin wallets. The Tokyo District court has permitted the company to move out of criminal bankruptcy and into civil rehabilitation, an Mt Fox.
2018-6-23 01:19 | |
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Today marks a landmark decision in the MtGox debacle, where as the Japanese court approves rehabilitation of the Bitcoin exchange from bankruptcy. Despite the positive news, markets are tumbling, as many top altcoins are experiencing double digit percent losses aside Bitcoin’s decline.
2018-6-23 23:20 | |
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In what is likely to be good news for its many creditors, Mt. Gox, the defunct Bitcoin exchange platform, is set to halt bankruptcy proceedings as it moves into civil rehabilitation. Mt. Gox achieved “crypto-infamy” in 2014 when it declared bankruptcy.
2018-6-23 22:58 | |
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The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.
2018-6-23 19:39 | |
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Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation
2018-6-22 17:53 | |
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Mt. Gox's bankruptcy proceedings have been halted and its bitcoin holdings could soon be distributed to creditors seeking reimbursement.
2018-6-22 16:48 | |
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The Tokyo District Court has approved the commencement of civil rehabilitation in the ongoing Mt. Gox bankruptcy — with the process to expected to start early next year. Mt. Gox Trustee Won’t Dump Any More Bitcoin Mt.
2018-6-22 16:00 | |
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BitGrail, one of the cryptocurrency exchange platforms, based in Italy has released an official statement that all the Bitcoin [BTC] in the BitGrail’s wallet was seized in the pursuit of the orders from Tribunal of Florence.
2018-6-18 20:53 | |
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News Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 03:12 | |
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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 01:20 | |
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Bankrupt bitcoin mining firm Giga Watt has said it's shutting down operations after its power was cut and facility access was blocked.
Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.
Giga Watt recently filed for bankruptcy in a Washington court, declaring that it had under $50,000 in assets, with debt worth millions of dollars. Millions of Dollars in Debt According to iFiberOne, U.
Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic.