Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Update: Mt Gox Moves $2.8 Billion Worth of Bitcoin to New Address: Arkham
ADOPTION NEWS

Update: Mt Gox Moves $2.8 Billion Worth of Bitcoin to New Address: Arkham

By Crypto FlexsJuly 23, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Update: Mt Gox Moves .8 Billion Worth of Bitcoin to New Address: Arkham
Share
Facebook Twitter LinkedIn Pinterest Email
Company • July 23, 2024 2:08 AM EDT

Posted 1 minute earlier In ~

A wallet address labeled Mt Gox sent approximately 42587.49. Bitcoin

-1.28%
(USD 2.82 billion) was deposited to the new address around 5:00 AM UTC on Tuesday. data According to Arkham Intelligence, the move appears to be part of an ongoing effort by Mt Gox to repay $9 billion worth of bitcoin to creditors.

At the same time, the Mt Gox wallet moved 5,110.16 BTC to a cold storage address ending in “1Jbez.”

The cryptocurrency exchange that was shut down on Monday moved a small amount of bitcoin worth about $1,400. According to Arkham, one of the recipients was an address belonging to the Bitstamp cryptocurrency exchange.

Bitstamp, one of the exchanges chosen by Mt Gox administrators to accept Bitcoin payments, I said earlier this month The trustee said it plans to distribute the tokens to bondholders as soon as they arrive. Another exchange chosen by the trustee, Kraken, said I received some tokens A week ago.

Two Japanese exchanges, Bitbank and SBI VC Trade, have already received and Apparently distributed Allocated funds will be paid within a few hours after receiving the Bitcoin.

Mt. Gox, once the world’s largest cryptocurrency exchange, filed for bankruptcy in 2014 after suffering multiple hacks that resulted in the theft of approximately 850,000 BTC.

Meanwhile, the Bitcoin price reportedly fell 1.82% over the past 24 hours to trade at $66,491. Bitcoin price page on the block.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures are as follows:

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

About the Author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He was previously a reporter at Forkast.News, where he actively covered the downfalls of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong, and China. He holds a Bachelor of Arts in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Bitcoin’s $ 100k drop in caught many merchants for many merchants.

June 6, 2025

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025
Most Popular

Peter Thiel continues to hold Bitcoin despite concerns

June 30, 2024

Best Cryptocurrencies You Can Buy Now January 6 – Sui, Oasis Network, Meme Kombat

January 7, 2024

More than $448,000,000 in Bitcoin, Ethereum, Solana, Dogecoin and other coins were liquidated as BTC fell below $58,000.

May 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.