Mt.Gox Bitcoin Exchange Withdrawals to Resume ‘Shortly’

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

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

Related Content

How to Mine Bitcoin in 2026? – Top 4 Cloud Mining Platforms for Easy Crypto Earnings

How to Mine Bitcoin in 2026? – Top 4 Cloud Mining Platforms for Easy Crypto Earnings

Bitcoin, the world’s first decentralized digital currency, has revolutionized global finance by allowing anyone to participate in mining and earning rewards. However, the high hardware costs and electricity consumption of traditional mining have discouraged many potential investors.
Blockchain-Based Casinos Continue to Gain Market Share as 2027 Approaches

Blockchain-Based Casinos Continue to Gain Market Share as 2027 Approaches

Key components of a blockchain-based casino include the ability to bet with crypto as well as being provably fair with all wagers and payouts recorded on the blockchain.
Bitcoin Isn't as Anonymous as Players Think in 2026

Bitcoin Isn't as Anonymous as Players Think in 2026

Bitcoin transactions aren't anonymous, they're pseudonymous. Here's what that distinction actually means for anyone moving money through crypto in 2026.
1win Expands Crypto Offering With USDC on Solana and New Ecosystem Developments

1win Expands Crypto Offering With USDC on Solana and New Ecosystem Developments

1win is expanding its crypto offering by introducing USDC deposits and withdrawals via the Solana network and by participating in new Web3 community initiatives, including Sona’s fundraising campaign supporting emergency efforts in Nepal.