Sentences with phrase «from mtgox»
It took three years for Bitcoin to recover from MtGox.
https://blog.ethereum.org/
Though some media outlets have reported the theft as the greatest in the history of cryptocurrency, the value at press time of the 650,000 bitcoin (a conservative estimate) that were stolen from the MtGox exchange, which was headquartered in the same Tokyo neighborhood as Coincheck, totaled over $ 7 billion.
Not exact matches
In 2014, the Bitcoin exchange MtGox lost 850,000 bitcoins to hackers — at the time valued at nearly $ 620 million — and just last August, nearly 120,000 units — at the time valued at about $ 72 million — were stolen from another exchange, Bitfinex.
Kraken CEO Jesse Powell joins CEOs from other leading Bitcoin companies to issue a joint statement on the demise of MtGox.
«I will happily retweet all retractions and apologies from people who wrongly forecasted death of Bitcoin as result of MtGox collapse: — RRB -.»
The exchange has been around for one and a half years, and has a trade volume of over $ 2 million USD per month — a far cry from leading exchange MtGox's $ 30 million per month, but larger than any other of its competitors.
«Support from Bitcoin big players and core community - long term, high leverage: Coins for equity, coin donations, and cash injections to buy coins at the cheap MtGox price are some options among many.»
Aside from the brief maintennance and DDOS on April 11, MtGox's network - facing servers generally performed well, and it was clear that processing orders was the bottleneck.
From the information that is publicly available, many have concluded that MtGox's database architecture can currently only handle orders in series (ie.
It should be noted that just like most exchanges, Bitfinex has also experienced its own share of difficulties starting from April 2016 when 120,000 Bitcoins were stolen which till date is the second highest bitcoin theft after MtGox» experience where 750,000 bitcoins where stolen though Bitfinex compensated its clients after initially spreading the risk across all its clients.
MtGox was a bitcoin exchange from Japan that handled over 70 % of al Bitcoin transactions in the world.