..

Mt.Gox Bitcoin Exchange Withdrawals to Resume ‘Shortly’

Written by:
Aaron Goldstein
Published on:
Feb/17/2014
Mt.Gox Bitcoin Exchange Withdrawals to Resume ‘Shortly’

Following a halt to bitcoin withdrawals by one of the anonymous digital currency’s largest exchanges, Mt.Gox, it was announced Monday that these withdrawals should resume “shortly”.

Mt.Gox issued a statement announcing that it had found a workaround for its bitcoin transaction malleability problems.

From CoinDesk.com:

It said the workaround was “thanks to our friends at Blockchain.info“, with Blockchain’s Andreas Antonopoulos and Ben Reeves “working like crazy” over the past week to help the company get things stabilized again. While some might regard the two as Mt. Gox’s rivals, it is another example of different interests within the bitcoin economy teaming up for the good of the cause.

Slovenia-based bitcoin exchange Bitstamp had also stopped withdrawals but resumed them over the weekend.

On Mt. Gox, a bitcoin last traded at $366.48, after hitting a low of $220.29 in recent trading though the average price across all exchanges was hovering around $636.00 Monday morning Eastern Standard Time.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Stock Market Worst Since 1970: Latest Odds

Stock Market Worst Since 1970: Latest Odds

The S&P 500 is on track for the worst first half of a year in decades as BetOnline has released its July 31 closing number (30850.5 Points), which is pretty much the June 30 closing.

Bitcoin Set for Worst Quarter in Over a Decade

Bitcoin Set for Worst Quarter in Over a Decade

We also look at ensuring transparency and authenticity on chain, even as it pertains to the world's third most faked food: Honey.  Plus gambling and the blockchain as it pertains to payment solutions.

Crypto Hedge Fund in Default

Crypto Hedge Fund in Default

Plus BitOasis exchange lays off employees amid downturn, Dr. Craig Wright calls Hashgraph useless and more funds betting against Tether.

Things to Consider When Choosing a Reliable Bitcoin-Winning Site

Things to Consider When Choosing a Reliable Bitcoin-Winning Site

Crypto casino industries are known to be very profitable industries, as well as one of the increasingly popular gaming industries. There are various Bitcoin casino sites that result in making it difficult in regard to making a good casino choice.

Bitcoin Miner Prices Likely to Keep Stressing Crypto Sector

Plus massive layoffs, lawsuits and a "crypto ice ag"?

Syndicate