Bitcoin

Mt. Gox, the once-prominent cryptocurrency exchange, has decided to give its creditors more time by pushing back the repayment deadline. Originally scheduled for October 31, 2023, the new repayment deadline is now set for October 31, 2024.   
This decision comes after a long and challenging journey for Mt. Gox and its creditors. The exchange suffered a devastating hack in 2014, resulting in the theft of a staggering 850,000 bitcoins (BTC). At today's prices, this amount is equivalent to nearly $23 billion.   
While the exchange did manage to recover approximately 20% of the stolen bitcoins following the hack, it left many creditors waiting for a resolution for nearly a decade.   
The delay in Mt. Gox's repayment plan could potentially have some impact on the bitcoin market, given the substantial number of tokens involved.   
However, experts, including UBS in an earlier report, believe that this release of bitcoins is unlikely to destabilize the overall Bitcoin ecosystem.  
The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/crypto-news/mt-gox-delays-repayment-deadline-for-another-year/">Mt. Gox Delays Repayment Deadline for Another Year</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.

Mt. Gox Delays Repayment Deadline for Another Year

Optimisus

21 Eyl 2023 tarihli diğer yazılar

CHANCER eyes new milestone days after first product update

TECNO set to unveil Phantom V Flip 5G -A device perfect for style and pocket

Influencer Allays XRP Dump Fears, Says Ripple Cannot Ditch Token

Expert Predicts Explosive XRP Rally to $1.4: Is $89.1 Within Reach?

Cardano Reveals Project Catalyst Fund10 Winners

JPEX Floats "DAO Stakeholder Dividend Plan" for Users as Authorities Block Access to Exchange

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!