Cash

Mt. Gox, a name synonymous with one of the most dramatic episodes in the cryptocurrency world, has started disbursing Bitcoin and Bitcoin Cash to its creditors. This significant move was announced on July 5, 2024, marking a pivotal turn in the long-drawn rehabilitation process of the defunct Bitcoin exchange. Bitcoin and Bitcoin Cash’s prices have been volatile amidst this development. Mt. Gox Still Holds Bitcoin Worth $7.69 Billion The repayment initiative stems from Mt. Gox’s complex bankruptcy proceedings. The firm…

The cryptocurrency market is full of options. Some projects, of course, have more potentialthan others. But every day, a memecoin emerges that could unseat even the most establishedaltcoin on the market. The debate between Bitcoin Cash and Shiba Inu is not new, as bothprojects have made a name for themselves and shown their value. But new ideas likeWW3 Shiba are taking the lead as the best cryptocurrency today. Experts believe that this union ofSocialFi, GameFi, and Memecoins could increase by…

The Mt Gox Trustee has announced that Bitcoin (BTC) and Bitcoin Cash (BCH) repayments will commence in July 2024. Indeed, this marks a crucial step in the long-standing rehabilitation process, bringing hope to investors affected by the platform’s collapse. The crypto community expects a BTC and BCH sell-off following the repayment. Mt Gox Prepares For Repayment On Monday, the Trustee released a detailed notice outlining the final preparation stages under the Rehabilitation Plan. “The Rehabilitation Trustee will commence the repayments…

Defunct crypto exchange Mt. Gox will start distributing $9 billion in bitcoin ($BTC) and bitcoin cash ($BCH) repayments from the beginning of July 2024. Following the announcement, Bitcoin dropped over 5% and currently trades at $61,043.  Mt. Gox creditors will finally receive some relief after the now-defunct exchange announced it will begin distributing $9 billion in bitcoin ($BTC) and bitcoin cash ($BCH) from the beginning of July. Creditors have waited over ten years to receive funds stolen in a 2014…

The post Mt. Gox to Begin Repaying Creditors in Bitcoin and Bitcoin Cash Next Week appeared first on Coinpedia Fintech News In an important development, the defunct crypto exchange Mt. Gox announced it will begin repaying creditors in Bitcoin and Bitcoin Cash starting next week. This repayment marks a crucial step towards resolving claims from its 2014 collapse. Mt. Gox Repayment Process: An Overview  Mt. Gox will initiate repayment in July 2024, focusing on creditors who have completed the required…

The world of crypto is like a wild rollercoaster ride, but an exciting one! New features are popping up all the time, and one of the coolest is crypto loans. Think of it like this: you need some cash for that unexpected bill, but you don't want to sell your precious Bitcoin or Ethereum. What do you do? Crypto loans come to the rescue!  They let you use your crypto holdings as collateral (like a deposit) to get a loan…

The post Bitcoin Trader Warns of Devastating Crypto Cash In 10 Days, but This Ethereum Token Will Stay Afloat appeared first on Coinpedia Fintech News Bitcoin (BTC) exerts significant influence on the rest of the crypto market, and its current bearish slump is taking its toll on top altcoins. The general sentiment on Bitcoin is undecided, but smart money traders are already bearish. The general greed counters their bearish sentiments to buy the dip in BTC from other investors. Bitcoin…

The post Remilia DAO Hack: $4.3 Million in Stolen ETH Traced to Tornado Cash appeared first on Coinpedia Fintech News The decentralized organization Remilia DAO, known for its Milady Maker NFT collection, has faced a severe setback with its recent hack. According to blockchain analysis firm CertiK, over $4.3 million in stolen cryptocurrency has been traced to the illicit mixer, Tornado Cash. CertiK revealed through a tweet today that 1,209.5 Ether (ETH), valued at approximately $4.3 million, was transferred to…

Ethereum Classic (ETC) and Bitcoin Cash (BCH) have both seen a decline in value which has subsequently resulted in a dip within their market cap. As a result, many traders have already begun to diversify their holdings, looking for additional ways through which they can amplify the profit potential of their portfolio. Rollblock (RBLK) is a presale-stage project which is set to break records in 2024 due to its unique revenue-share model. Today, we will jump into the project and…