Tag

A group of investors is looking to buy the now defunct Mt. Gox bitcoin exchange, in order to avoid the liquidation of its assets. To make this happen, they are seeking support from creditors. Suitors Seeking Creditors The group of investors stated on their SaveGox post: “We...

To reinvent the fallen ex-bitcoin exchange, MtGox, a group of investors is on the lookout to buy the bankrupt exchange for one (1) bitcoin, the WSJ reported. The group of investors consists of Brock Pierce, a former child actor who later became an entrepreneur, William Quigley...

Mark Karpeles, the CEO of the ex-bitcoin exchange MtGox, is nowhere to be found as the date for the appearance in the U.S court approaches, his attorney informed a federal judge. Tibanne KK is another of Karpeles’ units identified in the lawsuit filed in Chicago federal court in...

In an open letter, BTC China, a popular Chinese Bitcoin exchange, wrote that it has not received any official notice from the PBOC. Many media sources have been speculating on the rumor that the PBOC will be striking down on Bitcoin come April 15th. However, BTC China wri...

The Texas Department of Banking has issued a memorandum earlier today, outlining its stance on bitcoin exchange guidelines and other forms of digital currency. The department’s regulatory view of digital currencies is due in part of the Texas Money Services Act. Texas...

Popular Chinese Bitcoin exchange Huobi made an announcement on its website that it will be halting voucher deposit services. This is due to the recent warning that the People’s Bank of China (PBOC) made regarding Bitcoin. The Bank is aiming to further limit Bitcoin businesses in...

Amid many rumors of a Bitcoin ban in China, the Chinese central bank has sent out notice to the Chinese Bitcoin exchanges, and it is not in the favor of the digital currency. China’s central bank, the PBOC, has just ordered payment companies and commercial banks to shut down...

Mark Karpeles, the CEO of the ex-bitcoin exchange Mt Gox, has been ordered by a judge in Texas to come to the United States to give answers about its exchanges’ failure and why it filed for Chapter 15 bankruptcy protection in the U.S last month. Karpeles has been summoned by...

Last week, BTC-e announced that it would allow fund withdrawals to Master and Visa Credit Cards. This week, the popular digital currency exchange announced a new update. In a recent announcement, BTC-e, has said that it is allowing new trading systems with Chinese offshore Yuan....

Bit121 Shutdown UK-based bitcoin exchange, Bit121, has closed its doors for the time being, as of today. There has been no word of when the exchange will reopen its doors. The sites’ functionality was halted back on March 26th, but users can still view account statements...